Business
-
Bank proposes deducting 1% scientific progress levy from 15 percent corporate tax
Under the applicable framework, such companies are no longer required to pay the 2.5 percent contribution supporting national employment and…
Read More » -
Kuwait Minister of Oil in Manama for energy talks
Kuwait’s Oil Minister Tarek Al-Roumi is set to join his counterparts from across the Gulf Cooperation Council (GCC) for talks…
Read More » -
10.15 billion dinars in POS spending highlights Kuwait’s shift to e-payments
Spending through point-of-sale (POS) terminals in Kuwait reached approximately 10.15 billion dinars during the first eight months of 2026, highlighting…
Read More » -
Kuwaiti institutions lead Kuwait Stock Exchange buying with 259.8m dinars
Kuwaiti institutional investors emerged as the dominant buying force on the Kuwait Stock Exchange during the first nine months of…
Read More » -
Kuwait economy set for 2.8% growth in 2027 as $118 billion project pipeline advances
Growth to resume in 2027: Kuwait’s real GDP is projected to grow 2.8 percent in 2027, following an expected 4.6…
Read More » -
Kuwait advances three major power, water projects with combined capacity of 3,400MW
Kuwait is moving closer to awarding three major electricity and water projects with a combined power generation capacity of 3,400…
Read More » -
Finance Ministry may temporarily renew contracts of 23 BOT projects
The Ministry of Finance is studying a new mechanism to temporarily renew contracts with investors operating projects developed on state…
Read More » -
Kuwait oil price rises to $105.91 per barrel
The price of Kuwaiti oil rose by $1.32 to reach $105.91 per barrel in Friday’s trading, compared with $104.59 per…
Read More » -
G7 agrees coordinated release of oil reserves to stabilize energy markets, says Trump
US President Donald J. Trump said European countries had agreed to release a large volume of their diesel stocks, with…
Read More » -
KSE gains 423 million dinars in Q3 as Main 50 index rises 3.99 percent
The Kuwait Stock Exchange ended the third quarter of 2026 with market capitalization rising by 423 million dinars to 52.582…
Read More »