Business
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Gulf region stands out as premier destination for foreign workers
The number of foreigners in the Gulf region has exceeded 281 million, representing approximately 3.6% of the world’s population. Many…
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Kuwait Petroleum International’s Italian branch acquires 50% stake in Ecofox
The Ecofox agreement boosts Kuwait Petroleum International’s competitiveness in Italian markets, affirming its commitment to fortify the company’s brand in…
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Kuwait’s trade skyrockets to 37 billion dinars with global partners
Kuwait’s non-oil exports were valued at around 1.1 billion dinars, mainly comprising re-exported products valued at approximately 350 million dinars.…
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Kuwait sees 3.34 billion dinars in depositor transfers for January
Deposits with interest rates of up to 2% saw the largest decline in their balances, amounting to 2.7 billion dinars…
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Kuwait sparks innovation: 35.7 thousand patents processed in 2023
Kuwait received 316 objections to accepting the registration of a trademark, with a total fee amounting to 27.7 thousand dinars…
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Bitcoin surges 70% in 70 days, hits record high of $72,274
Since its inception approximately 14 years ago, specifically in 2009, young Kuwaitis have been investing in cryptocurrency, experiencing double growth…
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Banks offer special deals for Kuwaiti salary earners
Banks offer tailored account transfer deals with cash benefits averaging 500 dinars.” In a bid to enhance operational performance, loan…
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Egypt’s trade engine roars: $13 billion in goods unleashed since 2024 dawned
Banking sources revealed to Al-Rai newspaper a significant demand for the sale of Arab and foreign currencies in the Egyptian…
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Kuwait sets the pace: Leads Gulf region in digital payment adoption
In 2023, digital financial payment withdrawals totaled approximately 45.795 billion, marking a growth of 8.5% compared to the 42.181 billion…
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186 million dinars allocated for Mubarak Al-Kabeer Port project
The Mubarak Al-Kabeer Port project will transform Kuwait into a regional trade hub, aligning with its vision of becoming a…
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