Mergers to meet changing economic environment
The recent spate of mergers and news of intended mergers among financial institutions in the six-nation Gulf Cooperation Council (GCC) bloc is being welcomed...
Kuwaiti Finance Minister reviews New Kuwait’s 2035 Vision at Arab Gulf States Institute in...
Kuwait's Minister of Finance Dr. Nayef Al-Hajraf on Friday reviewed in a closed-door discussion at the Arab Gulf States Institute in Washington the vision...
Demand for OPEC’s crude to reach 20 million bpd this year
Demand for OPEC's crudes is projected to reach this year 30.3 million barrels per day, lower by 1.1 million bpd compared to the past...
Indian infrastructure firm wins mega pipeline contract in Kuwait
Indian construction and engineering major, Larsen and Toubro (L&T), has won a multi-million dollar pipeline construction contract from Kuwait Oil Company (KOC).
The company announced...
Encouraging Kuwait’s entrepreneurial ecosystem
Weaning the economy away from its addiction to oil revenue, and citizens away from their sense of entitlement to perpetual handouts from a welfare...
Developing Asian economies to expand by 5.7 percent: ADB
Developing Asian economies will grow 5.7 percent in 2019, the Asian Development Bank (ADB) said in a report Wednesday, down from 5.9 percent in...
Kuwait to lure US$2.5 billion foreign investment after bourse promotion – firm
Kuwait's stock exchange looks set to secure foreign investment worth USD 2.5 billion after it improved its ranking in the MSCI Emerging Markets Index,...
Oil price fixed at US$70 pb till year’s end – analyst
The price for a barrel of crude oil in the global market is expected to remain at USD 70 until the end of the...
Alsayer wins prestigious KNPC Award
Al Sayer Group, the leading Conglomerate in Kuwait, was awarded with the twelfth Health, Safety and Environment Performance Award. This annually held event, organized...
Oil slips on economic slowdown, but OPEC-led cuts still support
Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts...
