Kuwait

Kuwait International Airport witnesses over 1.06 million travelers

During March, a total of 9,950 flights operated to and from Kuwait's airport

Kuwait Petroleum Corporation launches e-commerce platform for the oil sector

The initiative aligns with the corporation's vision to leverage innovation and technology for maximum profitability

Kuwait to modernize, enhance renewable energy efficiency for a zero-carbon future

Dr. Al-Otaibi highlighted Kuwait's endeavors to raise renewable energy production from 15 to 30 percent by 2030

Kuwait, Boeing launch technical entrepreneurship complex to empower Kuwaiti entrepreneurs

The complex enables Kuwaiti youth's access to digital systems, labs, programs

Business confidence in Kuwait’s non-oil private sector highest in nearly 4 years: PMI data

March data reveals strengthening momentum and record-high confidence levels

Kuwait Central Bank announces $792 million bonds, tawarruq issuance with 4.375 percent return rate

CBK has specified that this issuance will remain valid for a period of three months

Kuwait maintains strong credit ratings with AA- affirmation, stable outlook: Report

The rating reflects minimal default risk, strong ability to meet financial obligations

Kuwait to allocate $604 million for completion of Mubarak Al Kabeer Port project

Strategic investment to transform Kuwait into regional trade hub

Kuwait’s inflation reaches 3.28 percent in January 2024

The increase was driven by rising prices in clothing, food, education

Inflation in Kuwait reaches 3.37 percent in December 2023

The Consumer Price Index in Kuwait rose by 3.37 percent

Kuwait: Local agent requirement lifted for foreign companies, public tenders law revamped

With overwhelming support of 57 votes in favor and only one vote against

COP28: Kuwait’s EnerTech launches innovative end-to-end electric mobility platform in the UAE

CHRGR's launch introduces UAE's first fully integrated electric mobility solution

Kuwait’s Central Bank releases $776 mn worth of bonds

For a 3-month period with a return rate of 4.375 percent

Kuwait’s ministry of finance recovery efforts post major ransomware attack

Saudi, UAE hit hardest by ransomware attacks in 2021-2022

Kuwait inflation rate rises to 3.82 percent in August 

Food and beverage group prices up 5.70 percent

Kuwait awards Limak $764 million airport terminal contract

The new airport terminal is expected to cost $4.34 billion

Kuwait is outlaying nearly $6 bn to boost oil output to 3.5 mn bpd

High crude prices, today reaching $90, boosted KOC’s assets to $55 bn

Kuwait new amendment frees foreign firms from local sponsorship rule

Proposal enhances competition, service quality in the state

Kuwait economy recovers, boost in tourism predicted

Country is also poised to enjoy sustained non-oil growth