Business
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Al-Muhaini highlights growing Kuwaiti interest in Polish tourism, investment opportunities
Kuwait’s Ambassador to Poland, Saad Al-Muhaini, said today (Thursday) there are promising opportunities to enhance tourism and investment cooperation between…
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Europe’s EV market rebounds in 2025 after last year’s setback
Europe’s electric vehicle (EV) market is showing strong signs of recovery in 2025. From January to April, over 2.2 million…
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China’s Meituan prepares to launch ‘Keeta’ Food delivery app in Kuwait
Chinese food delivery giant Meituan is gearing up to enter the Kuwaiti market through its popular app Keeta, with operations…
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WB resumes financing for nuclear energy projects after decades-long pause
In a significant policy shift, World Bank President Ajay Banga announced that the international financial institution will resume funding nuclear…
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Gold prices rise amid Middle East tensions and easing U.S. inflation
Gold prices climbed today (Thursday) as heightened tensions in the Middle East fueled demand for safe-haven assets, while soft U.S.…
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Ambassador Al-Nibari presents credentials to Philippine President Marcos
The Ambassador of the State of Kuwait to the Philippines, Meshari Al-Nibari, has presented his credentials as Ambassador Extraordinary and…
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KFAED finances 540 projects worth $11.4 billion in over 50 African nations
Acting Director General of the Kuwait Fund for Arab Economic Development (KFAED), Waleed Al-Bahar, announced on Tuesday that the Fund…
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IPG secures over $1 billion in credit facility renewals
Kuwait’s Independent Petroleum Group (IPG) announced today (Wednesday) that it has signed agreements to renew credit facilities with four local…
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From boom to bottleneck: Gulf Projects Market see sharpest drop in years by 40%
The Gulf projects market witnessed a dramatic 40% drop in the value of new contracts awarded between January and May…
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WB upgrades Kuwait’s growth forecast to 2.2% amid global slowdown, trade turbulence
In a positive revision, the World Bank has raised its forecast for Kuwait’s economic growth in 2025 to 2.2%, up…
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