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Business

Hike in oil prices irrelevant to reform process – 2015 ended with negative results for 3 main indexes of KSE

The  draft  budget  for  the  fiscal  year 2016/2017 The draft budget for FY 2016/2017 contains explicit regression from the financial reform efforts, or a blatant …

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GOIC organises IMI Plus workshop – Portal provides date on 16,000 Gulf factories

DOHA, Feb 4: The Gulf Organization for Industrial Consulting (GOIC) organised a workshop on the Industrial Market Intelligence Portal (IMI Plus) in collaboration with Qatar …

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Biggest ever trade deal signed as US seeks to ‘counter’ China – Ambitious pact aims to break down trade and investment barriers

AUCKLAND, Feb 4, (AFP): The biggest trade deal in history was signed Thursday, yoking 12 Pacific rim countries in a US-led initiative aimed at wresting …

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KSE soars 79.53 pts amid surge in volume – Americana vaults 100 fils; ABK flat

KUWAIT CITY, Feb 4: Kuwait stocks saw solid rebound on Thursday to end the week on a buoyant note. The bourse surged 79.53 points in …

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Al Habtoor holds talks with Michael Wale – Progress of Al Habtoor City Hotel Collection discussed

DUBAI, UAE, Feb 3: Khalaf Ahmad Al Habtoor, Chairman, Al Habtoor Group, welcomed Michael Wale, President, Europe, Middle East & Africa, Starwood Hotels & Resorts …

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Crude oil producers struggle to plug budget holes torn by price collapse – Some turn to international lenders for help, others slashing spending

PARIS, Feb 3, (AFP): Oil producing countries are scrambling to fill gaping holes in their budgets torn by crashing petroleum prices, with some turning to …

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Yahoo to cut 1,700 workers as CEO tries to save her own job

Yahoo is laying off about 1,700 employees and shedding some of its excess baggage in a shake-up likely to determine whether CEO Marissa Mayer can …

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Kuwait index retreats as investors cautious – Zain slips 20 fils; Jazeera Airways rallies

KUWAIT CITY, Feb 3: Kuwait stocks pulled lower on Wednesday as it continued the week’s volatile course. The bourse dropped 14.02 pts in a tame …

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Northern Gulf to sponsor Hala February 2016 – Hyundai Genesis and Centennial to be showcased

KUWAIT CITY, Feb 2: Hyundai Northern Gulf recently began preparations for this year’s Hala February festivities, as part of its role as Official Sponsor and …

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Zain executives receive ITU’s Secretary-General – Zhao to attend GET-2016

KUWAIT CITY, Feb 2: Zain Group, a leading mobile technology innovator in eight markets across the Middle East and North Africa announces that its CEO, …

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