Kuwait
Saudi, UAE hit hardest by ransomware attacks in 2021-2022
Food and beverage group prices up 5.70 percent
Financing benefits from strong domestic deposit base
The new airport terminal is expected to cost $4.34 billion
High crude prices, today reaching $90, boosted KOC’s assets to $55 bn
In bid to boost oil production capacity
Proposal enhances competition, service quality in the state
Country is also poised to enjoy sustained non-oil growth
Over 30 percent of Kuwait’s new labor force entrants are Indians
Sbstantial risks to the country’s economic prospects
The airline's profit for the first half of 2023 reached $21 million
Kuwait has sent 3 million barrels of fuel oil to Qatar in 2023
The average cost of living is nearly $753
Representing 50.8 percent of the 1.3 bn dinars budget allocated to 128 projects
Flight departures increased 33 percent, indicating a higher level of operational efficiency.
Budget surplus of 6.4 billion Kuwaiti dinars, amounting to $20.86 billion
UAE nationals are exempted from needing a Schengen visa for short trips
Kuwait aims to solidify its position as one of the top producers within OPEC
Fund to launch major projects via private sector partnerships
Country aims to increase oil production to 3.2 mn BPD by 2024
