------------- -------------- ------------------- -------------------


Al Habtoor holds talks with FGB CEO

Khalaf Ahmad Al Habtoor, Chairman, Al Habtoor Group, held talks with André Sayegh, CEO, FGB. Also present from FGB was Moustafa Al Khalafawy, Unit Head …

Read More »

Oil prices to reach $60 pb by end 2016, says Al-Ofuq chief – ‘OPEC members need to commit themselves to the deal’

KUWAIT CITY, Dec 4, (KUNA): Oil prices have been on the rise by 15 percent since the Organization of Petroleum Exporting Countries (OPEC) decided on …

Read More »

Kuwait’s bourse retreats 14.1 pts in choppy trade – Ooredoo skids 40 fils; KFH edges up

KUWAIT CITY, Dec 4: Kuwait stocks pulled lower as it kicked off the week on a dull note. The main index slipped 14.1 pts in …

Read More »

OPEC deal to cut output could lead to shale production surge – Trump administration vows measures to promote US oil development

NEW YORK, Dec 3, (AFP): With this week’s deal to cut output, OPEC is creating incentives for American shale producers to boost output just as …

Read More »

Oil output deal is done, OPEC now in agreement

OPEC’s meeting last Thursday was quick and fast, triggering an increase in oil price by more than $3 per barrel in less than three hours …

Read More »

Earnings of listed companies drop 6% in 9M

The financial results of Kuwaiti exchange-listed companies continued to signal some softness, though performance did appear to surprise on the upside. The corporate sector has …

Read More »

Rush to spend as India ‘cash catastrophe’ prompts chaos – Anger mounts at continuing shortage of cash

NEW DELHI, Dec 2, (AFP): Indians endured more turmoil Friday as they rushed to spend old notes at petrol stations before a midnight deadline as …

Read More »

OPEC deal expected to tighten oil market in 2017 – Production cut between 750,000 and 1 million bpd seen

OPEC has reached an agreement to cut its oil output by almost 1.2 million barrels per day and been rewarded with an increase in nearby …

Read More »

Kuwait crude up $4.99 to $47.68 pb

Kuwaiti oil price rose $4.99 in trading Thursday to $47.68 compared to $42.69 pb Tuesday according to Kuwait Petroleum Corporation (KPC) Friday. In the global …

Read More »

OPEC agrees first output cut since 2008 – Saudis take ‘big hit’

VIENNA, Nov 30, (RTRS): OPEC agreed on Wednesday its first oil output cuts since 2008 after Saudi Arabia accepted “a big hit” on its production …

Read More »

You have installed adblocker kindly disable

whitelist www.arabtimesonline.com




Translate »