ARAB TIMES – KUWAIT NEWS THE FIRST ENGLISH LANGUAGE DAILY IN FREE KUWAIT الكويت
KUWAIT CITY, May 14, (KUNA): Moody’s has confirmed the Aa2 ratings of Kuwait, Qatar, the United Arab Emirates and Qatar but assigned negative rating outlooks, …
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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 …
Read More »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 …
Read More »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 …
Read More »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, …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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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