Business

PUMC’s 2023 profits hit historic high

• PUMC sees 25% increase in profits compared to 2022 • Over 10 million Dinars in profits for 2023 gained…

Read More »

Kuwait’s exports to China reached $2.55 billion in first quarter of 2024

Gulf countries’ imports from China rose to $31.08 billion in the first quarter, up from $27.64 billion in the same…

Read More »

Boursa Kuwait’s Q1 net profit up 8.63% to hit 4.68 million dinars

The Kuwait Stock Exchange showed flexibility in addressing challenges in the past year and into Q1 2024, relying on strategic…

Read More »

Kuwait Oil Company to launch 11 tenders in exploration, production sector

The establishment of the ‘K-Tendering’ portal coincides with the Petroleum Corporation’s merger of many subsidiaries, reducing their number from eight…

Read More »

Banks in Kuwait embrace Gulf expansion amid local project slowdown

Digitally, the first quarter of 2024 ended with relatively weak performance. Historical trends indicate that local credit growth remained low,…

Read More »

Kuwaiti shines bright: Four tons of gold sold in first 3 months of 2024

Purchases of bullion by Kuwaitis and residents decreased by 10%, amounting to a volume of 100 kilograms in Q1 2024,…

Read More »

LuLu Kuwait participates in UAE Companies Investment Meet

LuLu Hypermarket, the leading player in the retail landscape of Kuwait, reaffirmed its dedication to fostering economic cooperation between Kuwait…

Read More »