ARAB TIMES – KUWAIT NEWS THE FIRST ENGLISH LANGUAGE DAILY IN FREE KUWAIT الكويت
On our estimates, global oil demand will end up increasing by about 3.0mn b/d between 2014 and 2016, well above the recent historical averages. Interestingly, …
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Oil prices below $50 per barrel – pure speculation – Supply high but demand still weak
Oil prices will not improve or go above $50 per barrel if the basic fundamentals remain the same. Supply is high but demand is weak. …
Read More »Oil prices edge ‘higher’ but market remains weak – OPEC giants downplay output limits
NEW YORK, Aug 27, (AFP): Oil prices edged higher Friday but the market remained weak as OPEC’s key producers cast doubt on the possibility of …
Read More »Bourse ends in red for 2nd straight week
Kuwait Stock Exchange (KSE) ended last week in the red zone. The Price Index closed at 5,428.91 points, down by 0.79% from the week before …
Read More »ANA cancels flights
Japanese airline All Nippon Airways has started grounding Boeing 787 “Dreamliner” flights after detecting problems with their Rolls-Royce engines. Nine domestic flights were canceled Friday, …
Read More »Google Fiber ‘told’ to lay off half of its employees – Co eyes wireless technology
LOS ANGELES, Aug 26, (RTRS): Google’s internet access project may be getting too expensive for parent company Alphabet: Google Fiber is being told to reduce …
Read More »Kuwait’s inflation increases to 3.06 pct in July: data – Housing services jumps 7.33%, food and beverages up 0.46%
KUWAIT CITY, Aug 24, (KUNA): Inflation in consumer prices in the State of Kuwait rose to 3.06 percent in July, compared to the same month …
Read More »Kuwait bourse edges lower; volume tapers – Ooredoo jumps 20 fils; Burgan Bank slips
KUWAIT CITY, Aug 24: Kuwait stocks pulled back on Wednesday after edging higher in the last session. The bourse dropped 13.33 pts in lackluster trade …
Read More »KFAED signs $138m deal with Bahrain
The Kuwait Fund for Arab Economic Development (KFAED) signed Tuesday a $138 million agreement with the Bahraini government to fund development projects in the GCC …
Read More »Kuwait index ticks up after four-day decline – Commercial Bank dips 25 fils; Zain gains
KUWAIT CITY, Aug 23: Kuwait stocks nudged higher on Tuesday stemming the four-day retreat. The key index rose 5.66 pts in listless trading to 5,448.86 …
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