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Business

‘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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Kuwait’s foreign aid exceeds KD 1.77b over 10 yrs

KUWAIT CITY, March 14: The total foreign aid and subsidies provided by Kuwait to countries all over the world is said to have exceeded 1.77 …

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Fifth gas train project to start operation in ’20: KNPC official

KUWAIT CITY, March 14, (KUNA): The state-owned Kuwait National Petroleum Company (KNPC) has stated that its strategic fifth gas train project would be operative as …

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‘Kuwait Airways seeks qualitative services’

KUWAIT CITY, March 14, (KUNA): Kuwait Airways is pursuing efforts to boost proceeds and furnish passengers and clients with qualitative services, the airlines’ Chairman Yousef …

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Kuwait’s money supply at $127bn in Jan – Deposits dip

KUWAIT CITY, March 13, (KUNA): Money supply in its broad concept (M2) dropped 0.1 percent last January, in contrast to December, where it posted KD …

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Appointments, transfers in KPC

KUWAIT CITY, March 13: CEO of Kuwait Petroleum Corporation (KPC) Hashem Al-Hashem has issued an administrative circular to declare that the Director of Public Relations …

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