Business
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MCI imposes fines on 4,106 companies failing to disclose beneficial owners
The Ministry of Commerce and Industry has started issuing KD 1,000 fines to 4,106 companies that failed to disclose their…
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Central Bank General Reserve Fund soars 33.8% to reach 1.943 billion dinars
The General Reserve Fund at the Central Bank of Kuwait recorded its largest monthly increase ever, surging by 33.8 percent,…
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OPEC forecasts 24% rise in global energy demand by 2050
During a conference in Canada today (Tuesday), OPEC Secretary General Haitham Al Ghais projected that oil demand will remain robust…
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Kuwait sees over 500 property deals worth 387 million dinars in May real estate surge
Statistics released by the Real Estate Registration and Documentation Department at the Ministry of Justice revealed that 530 real estate…
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CITRA moves to regulate telecom service distributors in Kuwait
Kuwait’s Communications and Information Technology Regulatory Authority (CITRA) has launched regulatory measures for mobile and virtual telecom service distributors, aiming…
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Cryptocurrency prices mixed ahead of U.S.-China trade talks
Cryptocurrency markets experienced mixed performance during yesterday’s trading session, as investors closely watched developments surrounding the anticipated launch of bilateral…
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Easing trade tensions boosts global, Gulf markets in May 2025
Despite ongoing uncertainty surrounding the U.S. decision to impose additional tariffs on imports from key trading partners, May 2025 witnessed…
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Kuwait Clearing Company report highlights local dominance in stock market activity
The Kuwait Clearing Company has released its detailed report titled “Trading Volume for the Official Market from January 1 to…
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Finance Ministry to tax-delinquent companies: ‘Settle dues or face legal action’
The Ministry of Finance has issued a firm reminder to companies that have defaulted on their income tax obligations, urging…
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Global port construction booms amid $300 billion surge, led by Asia, government spending
The global port construction industry is experiencing a major investment surge, with Southeast Asia leading the charge at the forefront…
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