Business
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KOC boosts production with launch of JPF 4 and JPF 5
The Kuwait Oil Company has commenced operations at its latest Jurassic production stations, JPF 4 and JPF 5, located in…
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Kuwait’s investments in US bonds soar by 7.6% to reach $46.32 billion
Kuwait’s investments in US Treasury bills and bonds surged by 7.6% as of December’s close, reaching $46.32 billion, up from…
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GlobalData forecasts 1.2 percent contraction in construction activity
The global construction industry is facing continued challenges, particularly in the housing sector, which is expected to weigh on overall…
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Gulf sovereign wealth funds play significant role in development plans
The economic report highlighted the significant role played by Gulf sovereign wealth funds in the development plans of their respective…
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Local companies seek to increase capital from retained profits
In a novel approach within the local market, companies have approached the Ministry of Commerce and Industry to augment their…
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Changing trends in real estate investment
Investor sentiments within the real estate market fluctuate in response to various economic, social, and political factors, both locally and…
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KSE main market index sees slight increase
The last trading session of the week in the Kuwait Stock Exchange saw stable performance in the general and primary…
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Al-Bahar on the ‘most powerful businessmen’ list of Forbes magazine
Forbes magazine recently unveiled its prestigious annual list of “The 100 Most Powerful Businesswomen in the Middle East,” with Shaikha…
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Kuwait embarks on a remarkable trajectory in the energy sector
Since the 1950s, Kuwait has been on a remarkable trajectory in the energy sector, evolving from traditional fuels to pioneering…
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Kuwait’s crude oil production dips in January 2024: OPEC
Kuwait’s crude oil production witnessed a decline in January 2024, dropping by approximately 109 thousand barrels per day to reach…
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