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Friday , December 4 2020


Iran parliament passes 5-year economic plan – Plan includes sharp rise in foreign investment

DUBAI, Jan 15, (RTRS): Iran’s parliament passed a five-year economic development plan on Sunday that includes a sharp rise in foreign investment, though Tehran may …

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GCC economies adjust to low oil prices

Kuwait Finance and Investment Company (KFIC) clarified in its financial annual report that the International markets closed the year 2016 in bullish territory after enduring …

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Kuwaitis heavily invested in Dubai real estate sector in 2016: report – Kuwait’s local realty sales reach KD 2.55 bln last year

DUBAI, Jan 14, (KUNA): Some $544 million in Kuwaiti money was invested in Dubai’s real estate sector in 2016, said a report Saturday. A report …

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Strong, united OPEC key – Compliance boosts oil prices

CAN the oil organization remain strong and manage the oil market by itself or does it need strong support from the outside to lead and …

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Indices continue positive performance

Boursa Kuwait ended last week in the green zone. The Price Index closed at 6,107.68 points, up by 4.74% from the week before closing, the …

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Egypt’s cost of living soars as pound dives – Sisi under pressure to revive economy

CAIRO, Jan 10, (RTRS): Annual consumer price inflation in Egypt’s cities soared to a second straight eight-year high in December, hitting 23.3 percent on the …

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Kuwait index breaches 6,000 pts; volume soars – KFH climbs 10 fils; Zain slips

KUWAIT CITY, Jan 10: Kuwait stocks soared further on Monday to breach the 6000 points benchmark as it extended the rally to fifth straight session. …

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Saudi Arabia hires HSBC as financial advisor – Kingdom plans to privatise management of school buildings

RIYADH, Jan 10, (RTRS): Saudi Arabia has hired HSBC as financial advisor for its plans to privatise construction and management of school buildings, as it …

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‘Pledged’ OPEC oil output cuts encouraging: Kuwait – Iraq’s crude exports from south climb further: minister

KUWAIT CITY, Jan 9, (AFP): Kuwaiti Oil Minister Essam al-Marzouk, whose country heads a committee to monitor crude output cuts, on Monday described as encouraging …

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Kuwait ‘rallies’; volume reaches multi-year high – Humansoft Holding soars 100 fils; Americana dips

KUWAIT CITY, Jan 9: Kuwait stocks logged strong gains on Monday, extending its rally to fourth straight session. The bourse jumped 55.35 pts to 5951.84 …

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