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Sunday , February 23 2020


Kuwait funds 1,035 SMEs worth KD 177 mln

Al-Roudhan sponsors talks to promote homegrown goods Kuwait’s Minister of Commerce and Industry Khaled Al-Roudhan KUWAIT CITY, Nov 3, (KUNA): Kuwait has funded some 1,035 …

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CEO of KOC unveils plan to relinquish company’s land

State project implementation KUWAIT CITY, Nov 3: The Kuwait Oil Company (KOC) Chief Executive Emad Al-Sultan unveiled a plan for the company to relinquish land …

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ALAFCO announces KD 17.7 million net profit for fiscal year ending Sept

Company orders 108 Airbus, Boeing aircraft KUWAIT CITY, Nov 3, (KUNA): Kuwait Aviation Lease And Finance Company (ALAFCO) announced Sunday a net profit of 18.79 …

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Umm Ar Ruus: The cheapest Kuwaiti oil field in the world

Kuwait still lags in overall industry rating Kamel Al-Harami Umm Ar Ruus is an oil field located in the southern part of Kuwait with the …

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Deficit widens as Aramco IPO nears

DUBAI, Nov 2, (RTRS): Saudi Arabia expects its state budget deficit to widen to 187 billion riyals ($49.86 billion) next year, or 6.5 percent of …

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Kuwait Central Bank lowers discount rate to 2.75 pct

CBK move aims to maintain monetary and fiscal stability Governor of the Central Bank of Kuwait, Dr Mohammed Al-Hashel KUWAIT CITY, Oct 31, (KUNA): The …

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Kuwait bourse swings into red, volume rises

KFH dips 9 fils, Jazeera Airways soars KUWAIT CITY, Oct 30; Kuwait stocks swung into red on Wednesday following last session’s tame closing. The All …

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SAB unconvinced about PPP sector’s performance

‘Audit’ seeks info on employment, other decisions from various bodies KUWAIT CITY, Oct 29: The State Audit Bureau affirmed that the public-private partnership (PPP) sector …

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Tenders to be floated to complete investment sites

KUWAIT CITY, Oct 29: Director of Engineering and Head of T4 Airport Operation Team Saleh Al-Faddaghi confirmed that the T4 Airport Performance Monitoring Committee is …

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CBK issues its bonds ‘related’ to Tawarruq – Worth KD 200mn

KUWAIT CITY, Oct 28: The Central Bank of Kuwait (CBK) announced the most recent issues of CBK Bonds and related Tawarruq at a total value …

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