Business
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KEMS Zajil Telecom and Microsoft showcase the latest AI innovations for business enablement into the digital future
KEMS Zajil Telecom, a subsidiary of Kalaam Group, and a digital solutions provider in Kuwait, partnered with Microsoft to host…
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Kuwait’s 4.4% private sector employment sparks concerns
There are more than 377 thousand Kuwaiti employees in the government, constituting a burden on the state budget and posing…
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Kuwait faces financial surplus drop amid decline in hydrocarbon prices
Non-hydrocarbon primary balances improved in Bahrain, Oman, and Qatar but sharply declined in Kuwait, Saudi Arabia, and the UAE. Kuwait…
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Kuwait’s oil sector attracts top global firms for productivity boost
Kuwait Oil Company and BP discuss enhancing cooperation and developing mutually beneficial strategies, including the British firm’s visual proposal for…
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Study recommends ‘water taxis’ for marine passenger transit in Kuwait
By 2035, Kuwait needs 39,537 boat storage parking spaces, compared to 23,172 in 2017, 25,698 in 2022, and a projected…
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Kuwait’s anti-land monopoly law to preserve market fairness
Prepared by Markaz’s Real Estate Investment Department in the MENA region, the report reviews the new law’s terms and assesses…
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Central Bank of Kuwait enhances anti-money laundering audits
The Central Bank of Kuwait mandates global audits for exchange companies on money laundering and terrorist financing laws. Inspect to…
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Kuwait inflation up by 3.02 percent
Kuwait’s consumer price index (inflation), on an annual basis, grew by 3.02 percent last March, according to the Kuwait Central…
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Kuwait Oil Company clinches 63 rig contracts worth $670 million
Kuwait Oil Company readies technical specifications for a tender to equip drilling sites, valued at over 100 million dinars. Kuwait…
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January sees 28% surge as Kuwait issues 1,895 private company licenses
Main company license renewals reached 849 in January, up from 655 in December, marking a 30% increase. Company branch license…
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