Business
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Up to 10 percent of Hormuz oil flows from Kuwait as Asia faces major supply shock
A report by S&P Global said escalating geopolitical tensions in the Middle East have led to a de facto closure…
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Kuwait bourse slips as Gulf markets lose $57.45 billion amid war jitters
The Kuwait Stock Exchange maintained relatively balanced trading on Wednesday despite an active start, with the general index closing down…
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Strait closure risks escalate as Kuwait moves into ‘severe’ scenario
A new report by S&P Global Ratings has warned that Kuwait remains highly sensitive to oil price fluctuations and heavily…
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Boursa edges higher after 1 billion dinars market loss
The Kuwait Stock Exchange opened its second trading session after the resumption of activity with a modest collective increase across…
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Kuwait Stock Exchange falls nearly 2% as all main indices close lower
The Kuwait Stock Exchange closed trading on Monday with its general index down 164.02 points, or 1.91 percent, to reach…
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Energy shock rocks global markets as oil jumps 13 percent
Global energy markets surged sharply as trading resumed Monday following the weekend holiday, driven by escalating regional tensions and fears…
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Boursa Kuwait halts trading to safeguard investors and market stability
The Kuwait Stock Exchange announced the suspension of trading sessions starting Sunday and until further notice, citing national responsibility and…
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Oil shipments halted through Strait of Hormuz, raising fears of global energy shock
In a dramatic escalation with potential global economic consequences, major oil companies and international trading firms announced the immediate suspension…
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Operations at Kuwait commercial ports normal, supply chains uninterrupted, says KPA
The Kuwait Ports Authority has confirmed that maritime traffic across the country’s commercial ports continues to operate normally, with ships…
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South Korea, UAE seal $35 billion defense cooperation deal in strategic partnership expansion
South Korea and the United Arab Emirates have signed a memorandum of understanding (MoU) to expand defense cooperation in projects…
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