Skip to main content Skip to footer 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
During March, a total of 9,950 flights operated to and from Kuwait's airport
The initiative aligns with the corporation's vision to leverage innovation and technology for maximum profitability
Dr. Al-Otaibi highlighted Kuwait's endeavors to raise renewable energy production from 15 to 30 percent by 2030
The complex enables Kuwaiti youth's access to digital systems, labs, programs
March data reveals strengthening momentum and record-high confidence levels
CBK has specified that this issuance will remain valid for a period of three months
Oil revenues surge by 15 percent to $53.31 billion
The rating reflects minimal default risk, strong ability to meet financial obligations
Strategic investment to transform Kuwait into regional trade hub
The increase was driven by rising prices in clothing, food, education
The Consumer Price Index in Kuwait rose by 3.37 percent
IMF expects 0.1 percent GDP growth rate this year
With overwhelming support of 57 votes in favor and only one vote against