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Friday , February 28 2020


Exchange companies complain to CBK local banks refusal to open accounts

‘Business significantly affected’ KUWAIT CITY, Nov 12: Some financial institutions and exchange companies that buy and sell currencies in the local market have complained to …

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MPW’s 123 projects are on paper only!

Significant delay in projects KUWAIT CITY, Nov 11: According to a recent statistic issued by Ministry of Public Works, there is a significant delay in …

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Kuwait investments in Jordan ‘estimated’ at over $18 billion

Amman provides investors with many incentives KUWAIT CITY, Nov 11, (KUNA): Kuwait’s investments in Jordan are estimated at over $18 billion, said a senior commerce …

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Tent market witnesses hectic activity

Tent sewing shops preparing for the camping season. Price of a large tent could run into thousands of dinars KUWAIT CITY, Nov 11: The tent …

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CBK unveils liquidity management, forecasting dashboard

Governor of the Central Bank of Kuwait, Dr Mohammed Al-Hashel KUWAIT CITY, Nov 10, (KUNA): Governor of the Central Bank of Kuwait (CBK) Dr Mohammad …

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KIPIC preps contract list to bid for Al-Zour project

KUWAIT CITY, Nov 10: The Kuwait Integrated Petroleum Industries Company (KIPIC) has completed internal approvals to qualify the international consortiums to bid for contracts in …

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Oil market to be oversupplied in next 4 yrs

OPEC set to lose further market share Kamel Al-Harami Independent Oil Analyst MORE bad news is emerging for the oil organization, as more oil has …

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Kuwait plans to hike crude oil exports to China

Kuwait Petroleum Corporation delegation participating in the second edition of China International Import Expo (CIIE) in Shanghai SHANGHAI, Nov 9, (KUNA): A senior Kuwaiti oil …

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Kuwait’s money supply rose 1.4% in September

Total local banks assets up 1.1% KUWAIT CITY, Nov 7, (KUNA): Money supply (M2) rose 1.4 percent in September on monthly basis recording KD 38 …

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Kuwait signs deals for oil supply with China firms

KUWAIT CITY, Nov 7: Kuwait is very much interested in doing business in China which is one of the world’s strategic markets, an official said …

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