KSE sustains upward trajectory with notable gains
The Kuwait Stock Exchange (KSE) sustained its upward trajectory in the indices, with notable gains in market value since the beginning of the New...
KOC begins pumping oil and gas from Jurassic facility
MEED magazine has reported that the Kuwait Oil Company, in collaboration with Chinese Jirah Engineering Company, has initiated the pumping of oil and gas...
KPC puts in place strategies to address challenges of the five-year-plan
The Kuwait Petroleum Corporation (KPC) is formulating a comprehensive plan encompassing 30 strategic solutions to address approximately 14 challenges hindering the realization of the...
PWC report cites reasons for cautious optimism in future
In the tumultuous landscape of capital markets in 2023, marked by economic uncertainties, market volatility, and geopolitical instability, a report by consulting and auditing...
Biggest US banks report bad debts worth $24.4 billion
A consortium of major United States banks is poised to register a substantial surge in nonperforming or delinquent loans -- indebtedness linked to borrowers...
Kuwait sees noticeable surge in private nature companies
There is a noticeable surge in the demand for establishing companies of a private nature without a physical headquarters, driven by the streamlined processes...
Active trading supports KSE with 386 million dinars in gains
The liquidity of the Kuwaiti Stock Exchange jumped by 27% yesterday, with a total of 74 million dinars, up from 53.9 million dinars in...
Bitcoin outperforms JP Morgan, Bank of America
The market value of the cryptocurrency “Bitcoin” exceeded the market value of the three largest public banks in the world, after its increases at...
Struyven predicts 20% rise in oil prices if …
The oil sector has largely ignored the repeated attacks on ships in the Red Sea, but if tensions escalate and the Strait of Hormuz...
Investors pump $123.1 billion into cash funds in week ending Wednesday
The Bank of America said, in a recent report, that investors pumped $123.1 billion into cash funds in the week ending Wednesday, January 3,...
