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Business

‘Industrial plots used for unauthorized purposes’

EPA records several violations KUWAIT CITY, Aug 25: Some industrial companies have been using their industrial plots and spaces for unauthorized purposes, thereby violating the …

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CBK vehemently denies Al-Mowaizri’s allegation on failure to perform duties

KUWAIT CITY, Aug 25: The Central Bank of Kuwait (CBK) has vehemently denied the allegation of MP Shuaib Al-Mowaizri that it failed to perform its …

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‘Govt’s plan on privatization based on gradual approach’

Kuwait lost ability to achieve required economic change: Al-Bader KUWAIT CITY, Aug 25: Former member of the Supreme Council for Planning and Development and former …

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Rumor on setting up new refinery in Canada denied

KUWAIT CITY, Aug 25: An Amiri decree has been issued on the appointment of Khalid Waleed Al-Dein as assistant undersecretary in the Ministry of Oil, …

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Privatizing oil companies – Is it expected?

Kamel Al-Harami Independent Oil Analyst KUWAIT CITY Aug 24: The Brazilian oil company Petrobras last week announced its intention of going private and reducing government’s …

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India Inc growing ‘impatient’ as economy dips, Modi distracted

Investors anticipated big bang pro-business reforms File photo shows Indians buying dry fruits from a roadside vendor at a market in New Delhi. Sentiment is …

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Tenders for maintaining 2nd agricultural area, 39 large parks in ‘Capital’ approved

KPC has no plan to build oil refinery overseas KUWAIT CITY, Aug 21: Director of the Implementation and Maintenance Department at the Public Authority for …

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Some 1,035 projects funded by SME fund at cost of KD 177.1m

KUWAIT CITY, Aug 20: The National Fund for Small and Medium Enterprise Development since 2016-2019 has funded 1,035 projects at a cost of KD 177.1 …

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Privatization of electricity ‘workshops and landlines’

KUWAIT CITY, Aug 20: The Higher Council for Privatization and its technical staff are currently considering the possibility of introducing two privatization projects to be …

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Inflation in Kuwait rose by 1.15%

KUWAIT CITY, Aug 20, (KUNA): Inflation rates on annual basis in Kuwait rose by 1.15 percent in July, compared to the same month in 2018, …

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