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Business

‘Building permits of 18,519 units will not be granted by April end’

PAHW denies withdrawing 2nd contract KUWAIT CITY, March 20: Public Authority for Housing Welfare (PAHW) has denied the rumor circulating on social media that the …

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Q8 voted Best Fuel brand 2019 in Belgium

BRUSSELS, March 20, (KUNA): Q8, the trademark brand for Kuwait Petroleum International’s fuel stations in Europe, has won the award for Best Fuel brand at …

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Malaysia calls on Kuwait to double investments due to economic crisis

KUALA LUMPUR, March 19, (KUNA): Malaysian Prime Minister Mahathir Mohamad called on Kuwait to double investments on Tuesday, hoping it will aid his country to …

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Kuwait tax authority placing greater focus on compliance

Authorities investing heavily in tech Following is the interview with Fahim Bashir, Tax Partner in KPMG Kuwait, on Kuwait and Regional tax updates. Fahim Bashir, …

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KNPC preparing to add 37,000 bpd coking unit as part of ‘clean environ fuel’ project

KUWAIT CITY, March 18: The Kuwait National Petroleum Company (KNPC) is preparing to add a 37,000 bpd coking unit during the third quarter of this …

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‘OTC trading hiked 363.9% last week’

KUWAIT CITY, March 18, (KUNA): Kuwait’s Over The Counter Market (OTC) spiked 363.9 percent last week, compared to the previous week. The total trading reached …

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Bid to complete real estate market regulation, eliminate manipulations

Al-Roudhan KUWAIT CITY, March 17: The Minister of State for Commerce and Industry, Khalid Al-Roudhan, has issued a decree establishing the Real Estate Broker’s book …

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US Victors System Co wins $548m contract in Kuwait

Construction of warehouses, logistics completed KUWAIT CITY, March 17: Head of the Federation of Consumer Cooperative Societies Khalid Al-Hudaiban talked about the completion of construction …

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Moody’s report: Bad news for Gulf states

Oil prices not seen to rise beyond $70 this year or next Kamel Al-Harami Independent Oil Analyst The lower the oil price falls, the worse …

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Sudan, KFAED sign deal over power plant project

The Ministry of Finance of Sudan signed the financing agreement for the power station project (Al-Fulah) with the Kuwait Fund for Arab Economic Development KUWAIT …

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