News
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Kuwait steps up anti-money laundering measures with tougher action on exchange firms
The Central Bank of Kuwait has intensified its oversight of exchange companies, imposing substantial penalties and temporary suspensions on firms…
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Oil rises $2 as Iran announces closure of Strait of Hormuz following US strikes
Brent futures rose $2.30, or 2.47%, to $95.40 a barrel, while U.S. West Texas Intermediate (WTI) crude climbed $2.60, or…
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Iran declares Strait of Hormuz closed, orders halt to shipping activity
Iran’s military command announced on Thursday that the Strait of Hormuz has been closed to all shipping traffic, warning that…
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Iranian Navy claims it targeted two ‘violating ships’
Two “violating ships” attempting passage through the Strait of Hormuz were hit, Iranian media reported on Thursday, citing Iran’s Revolutionary…
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US Carries Out Strikes on Multiple Iranian Targets After Trump Vows to Hit Tehran ‘Very Hard’
The United States launched a fresh wave of military strikes against multiple targets in Iran on Thursday, hours after President…
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Kuwait Temporarily Closes Airspace Following Iranian Attacks
The Directorate General of Civil Aviation (DGCA) announced temporary closure of Kuwait’s airspace effective as of 4:50 am. Thursday Flights…
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Kuwaiti air defenses repel hostile objects
The General Staff said the Kuwaiti Army’s air defense systems engaged with hostile objects on Thursday early morning as per…
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Major airport drug bust, Kuwait Customs intercept 86kg narcotics
Kuwait Customs foiled a major drug smuggling attempt involving 86 kilograms of narcotics hidden inside suitcases arriving from the United…
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KPC opens 40 tenders in one day as firms compete for major drilling contracts
Kuwait Petroleum Corporation (KPC) and its subsidiaries opened envelopes for 40 tenders and requests for proposals in a single day,…
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IAEA passes US-backed resolution pressuring Iran over enriched uranium stockpiles
The Board of Governors of the International Atomic Energy Agency (IAEA) on Wednesday approved a US-backed resolution demanding that Iran…
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