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Business

Saudis order crude ‘cuts’ to US, Europe ahead of non-OPEC talks – Russia signals deal still faces challenges

SINGAPORE/TOKYO/DUBAI, Dec 9, (RTRS): Saudi Arabia has told its US and European customers it will reduce oil deliveries from January as Russia signalled that a …

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Iran signs oil, gas ‘deals’ with Shell – Tehran seeks to boost its output

TEHRAN, Dec 7, (AFP): Iran signed a preliminary agreement with Shell on Wednesday to work towards developing major oil and gas fields as it seeks …

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Assets grew 7% to $2 trillion at end of 2015 –

Thomson Reuters, the world’s leading provider of intelligent information for businesses and professionals, and the Islamic Corporation for the Development of the Private Sector (ICD), …

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Kuwait gains; volume hits multi-month high – Ooredoo rises 20 fils; Mabanee Co drops

KUWAIT CITY, Dec 7: Kuwait stocks pulled higher on Wednesday to close the holiday-curtailed week on a firm note. The bourse climbed 24.43 points in …

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Heavy oil production to start in 2018: KOC – Restart of Neutral Zone oilfields will take some time: Jaafar

KUWAIT CITY, Dec 6, (Agencies): Heavy oil production will begin in the end of the year 2018 with roughly 10 to 15 thousand barrels per …

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Kuwait market swings up in choppy trading – NBK gains 10 fils; KIPCO flat

KUWAIT CITY, Dec 6 : Kuwait stocks swung higher on Tuesday, stemming the two-day decline. The price index climbed 18.56 pts in choppy trade to …

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Industries and Construction 6th Expo launched with wide participation – We strive to make Kuwaiti products competitive in construction field: Mashaly

KUWAIT CITY, Dec 6: The 6th Cycle of the Industries and Construction Exhibition was launched on Monday, Dec 5, under the auspices of Yasser Abul, …

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KIB awarded ‘Best Banking Vision in Kuwait’ – Islamic finance awards ceremony held in Dubai

KUWAIT CITY, Dec 5: Kuwait International Bank was recently awarded “Best Banking Vision in Kuwait” by CPI Financial in the Islamic Business & Finance Awards …

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Kuwait stocks retreat 8.73 pts; volume rises – Ooredoo drops 20 fils; NBK gains

KUWAIT CITY, Dec 5: Kuwait stocks sagged on Monday extending the losses to second straight session. The price index gave up slight early gains to …

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Kuwait’s inflation eases to 3.6 pct from one year high – Fuel price hike impact of Sept diminishes

Inflation in consumer prices eased in October as the initial impact of the fuel price hike ebbed. Headline inflation edged lower from the one-year high …

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