Thursday , February 21 2019

Business

Iran backs moves to stabilise oil market – ‘Tehran won’t relinquish market share’

TEHRAN, Feb 17, (Agencies): Iran’s Oil Minister Bijan Zanganeh said Wednesday his country supported steps taken by other major producers that could stabilise the market …

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KOC reports ‘fire’ at northern crude oil well – Kuwait signs oil export deal to Asia

KUWAIT CITY, Feb 17, (Agencies): Firefighters in Kuwait are battling a fire that broke out following an oil spill at a well in the north …

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Service Hero expands its operations into UAE – Kuwait company reinforces presence across region and launches newly revamped website

KUWAIT CITY, Feb 16: Service Hero, Kuwait’s and the Arab World’s only 100 percent consumer-powered satisfaction index, today announced the expansion of its operations into …

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Lexus luxury models test-driven at Al-Corniche – Al Sayer sponsors 8th fitness convention Kuwait 2015

KUWAIT CITY, Feb 16: Mohamed Naser Al Sayer and Lexus held a test drive at Al-Corniche Club exclusively for its members as part of sponsoring …

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KSE index closes in red in tame session – KIPCO gains 10 fils; Ooredoo flat

KUWAIT CITY, Feb 16: Kuwait stocks edged lower on Tuesday as it continued to seesaw in a narrow range. The price index eased 4.17 pts …

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Saudi and Russia agree oil output freeze – Kuwait welcomes deal: Iran could be obstacle

DOHA, Feb 16, (RTRS): Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on …

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Bahraini Crown Prince inaugurates Wadi Alsabeel Complex – Project executed by KFH’s subsidiary ‘Kuwaiti Manager’

KUWAIT CITY, Feb 15: “Kuwait Finance House (KFH) is keen on assuming a significant role in supporting the development plans in the countries it operates …

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KIPCO posts net profit of KD 53 mln for 2015 – BoD recommends cash dividend of 25 fils per share

KUWAIT CITY, Feb 16: KIPCO — the Kuwait Projects Company — has announced a net profit of KD 53.03 million ($ 175 million), or 34.05 …

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KSE climbs 8.08 pts in ‘sluggish’ trading – NBK gains 10 fils; KIPCO flat

KUWAIT CITY, Feb 15: Kuwait stocks pulled higher on Monday after closing nearly flat in the previous session. The bourse rose 8.08 pts in sluggish …

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‘Better Iran-Saudi ties would help oil prices’ – Venezuela talks to Russia, other producers

MOSCOW, Feb 15, (RTRS): Venezuela is talking to some OPEC members and Russia about the possibility of joint action to prop up oil prices, a …

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