Kuwait
The first cargo is currently being shipped aboard the Pacific Sarah tanker
Exclusives
The first cargo is currently being shipped aboard the Pacific Sarah tanker
Oil revenues recorded about $52.7 bn
Investments are spread across several focus areas
Kuwait to record first fiscal surplus in 8 years
Bank lately acquired 97% of Bahrain's Ahli United Bank shares
Process will take between one and two years
A net-zero carbon community that will accommodate up to 100,000 people
Al-Faris: Since 2020, OPEC+ successfully maintained oil market stability
Up to 750,000 Egyptians looking at one-way trip home
Drop attributed to inclusion of results of discontinued operations
Victims blackmailed in exchange for their return from Kuwait
This is the second increase in discount rates in several weeks
Annual rent allowances amount to KD 169.8 million
Project involve developing steam turbines at Al-Subiya power plant
An increase of 31 percent
This might have a negative impact on the Kuwaiti economy
It recorded the highest rise in inflation rates among the GCC
Wage ceiling boost ranges between 300 and 600 dinars
It scored fifth globally and third in GCC
Al Ahli lodged a complaint with the Capital Market Authority
Meeting approved start of due diligence work on JV deal
The employee stole an amount of KD 68,000
The two banks' shares rose following 1-hr trade suspension
Potential to convert into one Sharia-compliant financial institution
MEW claimed lion's share with contracts valued at $353.7 mn
Companies to prioritize emerging technologies such as AI, IoT, and Cloud
The first Gulf family car company to be publicly traded
Long-term strategy to address demographic imbalances in the country
The deal is expected to close in Q3 2022
Virgin Mobile Kuwait offers users a completely digital experience
The company, on Thursday, is looking into merging with "Al-Qurain"
The maturity period will be 6 months, with a rate of return standing at 2%
Replacing expat labor preserves demographic make-up
Wheat imported into Kuwait is noted for low moisture content
“S&P”: Oil prices, interest rates, pave the way for banks’ recovery, lower NPLs
Shareholders to receive 608 pence in cash per share
Budget surplus forecast as oil global prices soar
Digital banks will be subject to all supervision and control requirements
The price of a barrel of Kuwaiti oil reached about $113
Two Abu Dhabi state funds and 2 private sector investors in the running
Fitch: Even without a debt law, the government meets its financing obligations
Agency predicts rate hikes from central banks in union
Western double standards risk reducing production levels
The acquired US logistics assets are leased by FedEx and General Mills
Kuwait
The first cargo is currently being shipped aboard the Pacific Sarah tanker