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Wednesday , April 24 2019

Business

Hidden achievements of Kuwait Oil Co

Kuwait Oil Company, which is known as KOC here in Kuwait, is the biggest of the K-companies under Kuwait Petroleum Corporation (KPC). It works quietly …

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Kuwait’s GDP trends ‘downward’

KUWAIT CITY, April 20: In parallel with the increase in the number of Kuwaitis and the drop in oil prices, Kuwait’s GDP is on the …

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KPC gets go ahead to borrow KD16 bln

KUWAIT CITY, April 18: The Kuwait Petroleum Corporation (KPC) has got the approval of the Council of Ministers during the first deliberation to proceed with …

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Zain Saudi records Q1 revenue of SAR 2.1 bn

Net profit of SAR 129 mn for first quarter of 2019 Bader Al Kharafi , Zain Vice-Chairman and Group CEO RIYADH, April 17: Zain Saudi …

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Kuwait’s trade surplus with Japan plunges 48.3 percent

Down for first time in 2 months due to weak exports TOKYO, April 17, (KUNA): Kuwait’s trade surplus with Japan plunged 48.3 percent from a …

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Trademark proceeds reach KD 3.6m for 55,291 transactions at end of ‘18

KUWAIT CITY, April 16: The Ministry of Commerce and Industry recently released statistics, a copy of which has been received by Al-Anba daily, which revealed …

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Solar power charging stations to be set up – MEW introduces e-services

KUWAIT CITY, April 16, (Agencies): Kuwaiti consumers can now gain access to a wide variety of on-line services, the Ministry of Electricity and Water said …

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KNPC obtains approval to change order

KUWAIT CITY, April 15: Kuwait National Petroleum Company (KNPC) has obtained approval to change the order for the second time; thereby, increasing the cost to …

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Asset revenues in general reserve fund ‘declines’ to 1.2%

Total public debt fell to KD 5.98b by ’18 end KUWAIT CITY, April 15: Liquid and semi-liquid asset revenues in the general reserve fund declined …

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NBK Q1 net profit rises 15.1% to KD 107.7 mn

Total assets reach KD 27.4 bln, increasing by 2.4% year-on-year Nasser Musaed Al-Sayer, NBK Group Chairman and Isam Al-Sager, NBK’s Group Chief Executive Offi cer …

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