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Business

Kuwait Q1 GDP up 2.6% year-on-year – Non-oil up 4.1%

DUBAI, July 14, (RTRS): Kuwait’s gross domestic product grew 2.6 percent at constant prices in the first quarter of 2019 from a year earlier, according …

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Has OPEC reached its limits?

Kamel Al-Harami Independent Oil Analyst Has OPEC reached its limits or does it have more breath to continue functioning alone as an independent organization without …

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Finance minister to attend 2019 AIIB annual meet on July 12-13

Dr Nayef Al-Hajraf KUWAIT CITY, July 11: Minister of Finance Dr Nayef Al-Hajraf will represent the State of Kuwait in the annual meeting of the …

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Kuwait partakes in One Planet Sovereign Wealth Funds meet

PARIS, July 10, (KUNA): Paris will host on Wednesday the One Planet Sovereign Wealth Funds meeting to boost efforts to mitigate climate change effects and …

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KPC hires NBK Capital to advise on $2bn financing

KUWAIT CITY, July 9, (RTRS): Kuwait Petroleum Corp has hired NBK Capital to advise it on a financing of around $2 billion that is likely …

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Kuwait Airways beefs up Airbus A320 fleet … for better passenger service

Al-Jassim tours Istanbul’s new airport Chairman of Kuwait Airways Company Youssef Al-Jassim during his meeting with officials of the company (IGA) in Turkey. ISTANBUL, July …

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Investors can complete transaction in any center

MoSAL asks charities for details of fund-raising activities KUWAIT CITY, July 8: The companies sector in Ministry of Commerce and Industry has issued a decision …

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67% of Kuwaitis prefer to work for their own business

KUWAIT CITY, July 8: A survey conducted by Bayt.com in collaboration with YoGov, a leading market research organization, found that 7 out of 10 professionals …

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Kuwait Govt spending more than it is earning

Kuwait’s budget for 2019/’20 – same story over last 5 yrs Kamel Al-Harami Independent Oil Analyst So far in the current fiscal year which started …

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Damaged due to lack of maintenance by investor

Minister responds to decision to remove facilities Al-Jabri KUWAIT CITY, July 7: Minister of Information and Minister of State for Youth Affairs Mohammed Al-Jabri has …

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