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Business

Al-Khafji joint oilfield resumes production

KUWAIT, July 2: The Al-Khafji joint oilfield resumed production on Wednesday, Acting CEO of the Kuwait Gulf Oil Company (KGOC), Abdullah Al-Sumaiti, said Thursday. The …

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Kuwait ends week with modest rebound

NBK rallies 77 fils, Mabanee Co slips KUWAIT CITY, July 2: Kuwait stocks chalked a modest rebound on Thursday to wind up the week on …

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‘Cut expenses, apply reforms’

KUWAIT CITY, July 1: In an indication that government austerity measure has become a path for all State agencies to take in the future, the …

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Set up industrial port project in southern Kuwait, says KPA

KAPP delays power projects offers KUWAIT CITY, June 30: Kuwait Ports Authority has requested the allocation of the industrial port project in the southern part …

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Kuwaiti market wraps up month on dull note

ATC skids 25 fils, Zain flat KUWAIT CITY, June 30: Kuwait stocks slipped into a shallow trough on Tuesday as it wrapped up the month …

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Kuwait’s market closes in green turf

Mabanee Co gains 8 fils, Agility slips KUWAIT CITY, June 28: Kuwait stocks eked marginal gains on Sunday after previous week’s upswing. The All Shares …

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Coronavirus advantages on Kuwaiti economy, business

Focus on policies in second phase KUWAIT CITY, June 27: The coronavirus pandemic has become one of the major crises that has completely and comprehensively …

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Kuwait Stock Exchange will resume some of its suspended operations starting from Sunday

KUWAIT, June 26: Boursa Kuwait announced on Friday it obtained an approval from the Capital Market Authority to resume some operations that had been suspended …

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Kuwait oil price down USD 1.72 to USD 35.19 pb

KUWAIT, June 26: The price of Kuwaiti oil fell by USD 1.72 to USD 35.19 per barrel (pb) on Thursday, compared with USD 36.91 pb …

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KOC issues tender to recruit 500 expats

KUWAIT CITY, Jun 23: Private sources revealed that the Kuwait Oil Company has issued a tender for the recruitment of 500 expatriate employees to work …

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