Sunday , December 16 2018

Business

OPEC signals greater oil glut in 2016 – Forecast decline in non-OPEC supply is uncertain

LONDON, May 13, (Agencies): OPEC said the global oil market is oversupplied and signalled the glut may increase this year, as surging output from its …

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IMF warns of hit to economy, markets from Brexit – Lagarde backs BoE view on recession risk

LONDON, May 13, (RTRS): International Monetary Fund chief Christine Lagarde said on Friday there were no economic positives to Britain leaving the European Union and …

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Apple invests $1 bln in Chinese ride-hailing service – Didi Chuxing says this is largest investment ever received

NEW YORK, May 13, (RTRS): Apple Inc said on Thursday it has invested $1 billion in Chinese ride-hailing service Didi Chuxing, a move that Apple …

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Kuwait oil up

Kuwait oil price went up $2.24 on Thursday, reaching $41.51 per barrel (pb) against $39.27 pb last Tuesday, Kuwait Petroleum Corporation (KPC) said Friday. Meanwhile, …

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Kuwait, Japan seek to ‘boost’ ties, investment opportunities – PM meets chief of Kuwait-Japan Friendship Committee

TOKYO, May 12, (KUNA): In the presence of Kuwait’s Deputy Prime Minister, Finance Minister and Acting Oil Minister Anas Al-Saleh, visiting Kuwaiti and Japanese businessmen …

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Al Tijaria posts KD 3.36mn net profit in Q1 – Results show company’s strong position despite market’s obstacles

KUWAIT CITY, May 12: Abdulfatah MR Marafie – Chairman of Al-Tijaria Real Estate Company has stated that the business outcome of the company for the …

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Oil supply glut to ‘shrink dramatically’ this year – Iran helps offset problems in Canada and Nigeria: IEA

PARIS, May 12, (AFP): A global oil glut that has sent prices tumbling is set to “shrink dramatically” later this year, as wildfires have disrupted …

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Kuwait index winds up week 19.23 pts higher – Gulf Cable jumps 25 fils; NBK slips

KUWAIT CITY, May 12: Kuwait stocks headed north on Thursday to end the week on a high note. The bourse climbed 19.23 pts in lackluster …

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ASSE Kuwait honors ASSE GCC HSE Excellence Award winners – Award program 2016 was launched on Jan 25, 2016

KUWAIT CITY, May 11: American Society of Safety Engineers (ASSE), Kuwait Chapter is a premier voluntary, non-profit, Health, Safety and Environmental professional organization, which strives …

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KIPCO named ‘Best Corporate Governance Kuwait’ by CFI.co – Award reinforces Group’s reputation of having sound practices: Vice Chairman

KUWAIT CITY, May 11: KIPCO – the Kuwait Projects Company – has been named the winner of the ‘Best Corporate Governance Kuwait 2016 Award’ by …

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