Business
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Majid Al Futtaim pulls out of Kuwait after five years
Majid Al Futtaim Group, established in 1995, has become a leading brand in managing shopping malls, entertainment communities, and retail…
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Kuwait’s ambitious merger plan of oil companies to cut down costs
The plan to merge companies is expected to result in expedited decision-making processes in Kuwait’s oil, gas, and petrochemical sector.…
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Rotana, RateHawk team up to host Ramadan Iftar in Kuwait
Rotana, a prominent hotel management company with more than 100 properties across the Middle East, Africa, Eastern Europe, and Türkiye…
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Al Sayer and Lexus Kuwait honored with two prestigious awards
Mohamed Naser Al Sayer & Sons and Lexus Kuwait received the Lexus Top 10 Brands 2023 Award for being among…
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UAE’s exhibition to explore opportunities of Emirati companies in Kuwaiti market
The first exhibition and forum for Emirati companies titled “Exploring Opportunities” in Kuwait will be held under the patronage of…
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10% active institutions steer market direction
According to statistics obtained by Al-Rai, 983 Kuwaiti and foreign institutions control the direction of most of the funds flowing…
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Public Authority sparks private sector growth in cities, industrial zones
The law allows the Public Authority for Industry to establish industrial projects that are important to the national economy and…
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Kuwait’s exports to China soar to $495.46 million in February
The value of imports from China to Gulf countries in February amounted to about $8.58 billion While Saudi Arabia accounted…
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Kuwait commerce minister: No carton exports for 3 months
Minister of Commerce and Industry and Chairman of the Public Industries Authority Abdullah Al-Joan on Monday declared the banning of…
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Easing foreign ownership rules to turbocharge Kuwait’s financial strength
In 2023, Kuwait surged 26 places on the Global Financial Centers Index compared to 2022, showcasing significant improvement as its…
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