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Business

Kuwait oil price up to USD 21.29 pb

KUWAIT, April 4: The price of Kuwaiti oil went up USD 3.39 to USD 21.29 pb Friday after it was at USD 17.36 pb the …

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KPC working to mitigate Covid-19 impacts on oil market

KUWAIT, April 3 (KUNA) — Deputy Board Chairman of Kuwait Petroleum Corporation (KPC) Hashem Hashem said workers in oil sector exert praiseworthy efforts around the …

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Kuwait to export first shipment of crude oil from divided zone

KUWAIT, April 3 (KUNA) — Kuwait will export first shipment of Al-Khafji crude oil from the divided zone for the first time since five years …

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CBK announces stimulus package to fight COVID-19

KUWAIT, April 2 : Governor of the Central Bank of Kuwait (CBK) Dr. Mohammad Al-Hashel on Thursday announced a stimulus package in a bid to …

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Kuwait industrial sector capable of supporting development

KUWAIT CITY, Apr 2: Chairman of Kuwait Industries Union (KIU) Hussein Al-Kharafi said Thursday Kuwait industrial sector was capable of pushing development process and supporting …

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Moody’s maintains Kuwait rating

KUWAIT CITY, March 31, (KUNA): Moody’s credit rating maintained Kuwait sovereign rating at (Aa2) but said it would assess country’s ability to change way it …

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Global economy may bounce back in six months – Kuwait experts

KUWAIT, March 31 (KUNA) — The world economy is likely to recover within six months’ time, with oil prices bouncing back to USD 40 a …

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Kuwait oil down to USD 24.33 pb

KUWAIT, March 31 (KUNA) — Kuwait oil price went down USD 1.93 to settle at USD 24.33 a barrel on Monday, compared with USD 26.26 …

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‘Kuwait banking system remains sound with plentiful liquidity’

Financial sector reforms should focus on bolstering resilience and deepening inclusion – IMF KUWAIT CITY, March 30, (KUNA): Executive Board of the International Monetary Fund …

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Coop sales on rise

KUWAIT CITY, March 30: The sales of 6 cooperative societies this March was about 14 million dinars, an increase of about 2.6 million, compared to …

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