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The contracted LNG volumes will be delivered ex-ship to Kuwait's Al-Zour LNG Terminal using QatarEnergy's LNG vessels starting in January 2025.
The paper noted that banks in Kuwait have strong capital and liquidity despite growth constraints
This growth underscores the chamber's efforts to boost trade opportunities and enhance the UAE's international trade footprint
Robust infrastructure, strategic location vital to the growth of the industry and the region’s economy
Sharia-compliant financial products are in high demand, with Sukuk issuances exceeding $10 billion in Q2
Q2 global IPO activity experienced 15 percent drop in offerings and 31 percent decline in proceeds
The proposed agreement aims to enhance cooperation, streamline investment regulations, and create new jobs
The surge is equivalent to an additional KWD13 million compared to the previous week's trading value of KWD79 million
The country's total revenue in fiscal year 2023-2024 was KWD23.645 billion
Price rises in the food & beverages sub-component eased to a still-elevated 5.6 percent down from 6.1 percent in May
This discovery has raised hopes of finding additional hydrocarbons to boost the country's energy resources
Kuwait maintained crude oil production at 2.55 million barrels per day in line with its OPEC+ production cut obligations
Cloud technologies' annual economic impact in Kuwait could reach up to $29.8 billion by 2030
Kuwait needs economic reforms for fiscal sustainability and diversifying non-oil revenues, says Minister
New business from abroad also contributed to the rise in total new orders to the highest in seven years
In a list of 311 cities, Abu Dhabi has ranked highest on the safety index (88.2) and lowest on the crime index (11.8)
Acquisition marks a key milestone in KPC's Energy Transition 2050 strategy
In a statement, CBK explained that the issuance period is three months, with a return rate of 4.375 percent
Al-Zour refinery boosts Kuwait's total refining capacity from 800,000 bpd to over 1.415 million bpd per day
Kuwait's construction sector to grow to $13.94 billion in 2024
The report highlighted the ongoing structural and financial reforms in the country
Revival of projects in the energy sector key to the country’s development
The growth rates exceeded those of the post-COVID recovery in mid-2020
Solid budget and financial buffers, but reforms needed to reduce oil dependence
