Sunday , February 17 2019

Business

Kuwait imports KD 10 billion worth of commodities per yr

KUWAIT CITY, Jan 12: Kuwait imports commodities worth nearly KD 10 billion per year, reports Al-Qabas daily. Majority of these commodities are cars, electronic items, …

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Ministry of Commerce ‘issues’ nearly 23,000 business permits

Minister sees economic hurdles surmountable KUWAIT CITY, Jan 12, (KUNA): The Ministry of Commerce and Industry issued 22,904 commercial licenses including 18,057 for sole proprietorship …

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Aramco moves towards full transparency

Revelations of Saudi’s oil reserves right step to privatization Kamel Al-Harami Independent Oil Analyst Saudi Arabia’s full disclosure of its oil and gas reserves is …

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Lord Mayor of the City of London leads economic delegation on visit to Kuwait

Bid to enhance economic and commercial ties Peter Kenneth Estlin, Lord Mayor of the City of London LONDON, Jan 12, (KUNA): Peter Kenneth Estlin, Lord …

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Kuwait current account posts nearly $7 bln worth of surplus

KUWAIT CITY, Jan 10, (KUNA): Kuwait’s current account posted KD 2.1 billion ($6.9 billion) worth of surplus in third quarter of 2018, the Central Bank …

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Telecommunication companies to face many future challenges

Need to focus on value-added services KUWAIT CITY, Jan 10: The telecommunications companies are facing a number of future challenges that will result either in …

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Finance settles about KD 680m from custody accounts within nine months

Settlements carried out were of Defense Ministry KUWAIT CITY, Jan 10: The Ministry of Finance settled about KD 680 million from custody accounts within nine …

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Banks adopt 7 measures to identify counterfeiters – Warning message posted

KUWAIT CITY, Jan 10: Local banks have identified a mechanism that includes seven measures to prevent counterfeiters and fraudsters from obtaining bank loans with a …

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‘Hatem Al-Awadhi will be acting CEO of KIPIC’

Hatem Ibrahim Al-Awadhi KUWAIT CITY, Jan 9: CEO of Kuwait Petroleum Corporation (KPC) Hashim Al-Hashim has issued a decision to assign the responsibilities of CEO …

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Consultant hired to review the organizational structure of KPC

Consultant only to focus on roles, responsibilities KUWAIT CITY, Jan 9: A consultant has been hired to review the organizational structure of the Kuwait Petroleum …

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