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Business

Kuwait expected to return to fiscal budget surplus in 2017 – Protracted global risks confirm 2017 as a year of transition for GCC

DUBAI, Oct 8: The latest IMF World Economic Outlook (WEO) left global growth unchanged for 2016 and 2017, after growth for 2016 was slashed four …

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Govt’s cheap charity – 75 liters free for Kuwaitis only – Bill discriminating against expats

As a Kuwaiti citizen, I am ashamed about this shameful bill that segregates Kuwaiti holders of driving license from expatriates, who have been living with …

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Kuwait bourse ends in red; market cap dips 1.04%

Kuwait Stock Exchange (KSE) ended last week in the red zone. The Price Index closed at 5,320.22 points, down by 1.45% from the week before …

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Kuwait realty dull but may revive early next year: experts – Sector dampened by oversupply and low demand

KUWAIT CITY, Oct 7, (KUNA): Domestic realty sector is currently lackluster due to oversupply and low demand, according to experts. The local market is likely …

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Kuwaiti oil up 12 cents

Kuwaiti oil barrel rose 12 cents on Thursday reaching $46.58 per barrel, compared to $46.46 pb on Wednesday, said Kuwait Petroleum Corporation (KPC) on Friday. …

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Boodai organizes farewell for Najia and Kumar – Group’s GM announces future plan to respond to rapid changes in the industry

KUWAIT CITY, Oct 6: Boodai Aviation Group have organized a farewell party for Monzer Najia, ex chief executive officer and Ajay Kumar, ex financial controller …

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IMF says global debt tops $152 trln, urges some countries to spend more – Lagarde calls for action to revive global growth and tackle inequality

WASHINGTON, Oct 6, (Agencies): The world is swimming in a record $152 trillion in debt, the IMF said on Wednesday, even as the institution encourages …

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KSE index ends week with 34.6 pts retreat – KFH slips 5 fils; Ooredoo soars

KUWAIT CITY, Oct 6: Kuwait stocks swung lower on Thursday to end the week on a sour note. The price index dipped 34.6 pts in …

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Auction set for Americana shares

DUBAI, Oct 6, (RTRS): Kuwait’s stock exchange said on Thursday that it would hold on Oct 20 an auction in which Gulf investment consortium Adeptio …

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C-Quest makes strong entry into the market – Contract specialist and Quanity Surveying firm

KUWAIT CITY, Oct 5: Today, C-Quest a full service Contract Specialist and Quantity Surveying firm, announced its launching as a newly branded specialist cost and …

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