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Sunday , January 26 2020

Business

CBK working on compelling local banks to create ‘follow-up’ unit

Move to identify achievements, failures and unfulfilled goals KUWAIT CITY, Jan 15: The Central Bank of Kuwait is working on obliging local banks to establish …

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CBK accepts BIS invitation

KUWAIT CITY, Jan 14, (KUNA): The Bank for International Settlements (BIS) announced Tuesday that its Board of Directors has decided to invite the Central Bank …

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MPW to implement 70 ‘projects’ in two years worth KD1.5 billion

MoH gets approval for anti-fungal drugs KUWAIT CITY, Jan 14: An official in the Ministry of Public Works (MPW) said the ministry will implement approximately …

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KD 14.8b in revenues, KD 9.2b deficit

KUWAIT CABINET SUBMITS 20/21 BUDGET TO PARLIAMENT Minister of Finance Mariam A. Al-Aqeel during the budget presentation KUWAIT CITY, Jan 14: The Ministry of Finance …

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MPW to sign partnership contract for Umm Al-Hayman sewage plant

Project expandable to 200,000 cubic meters KUWAIT CITY, Jan 13: The Ministry of Public Works will sign the partnership contract for the Umm Al-Hayman sewage …

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Record jump in digging oil wells

KUWAIT CITY, Jan 13: The Kuwait Oil Company has made a record jump in drilling (developmental and exploration) wells during the past five years, reports …

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KPC board approves to take KD 2 billion loan from local banks

KOC takes big leap in drilling wells KUWAIT CITY, Jan 12: During its meeting yesterday, the Kuwait Petroleum Corporation’s board of directors has taken vital …

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New rental fees for areas inside Kuwait airport

KUWAIT CITY, Jan 12: The Directorate-General of Civil Aviation (DGCA) has issued a decision to cancel Resolution No. 2747 of 2019 regarding the amendment of …

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Now that the US is energy self-sufficient, what next?

Dependency on Arab oil no longer a threat Kamel Al-Harami Independent Oil Analyst Last week, the American President Donald Trump had announced that USA is …

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‘KFAED to ink deal with its British counterpart’

Panel discusses co-op in field of education KUWAIT CITY, Jan 11: Assistant Foreign Minister for European Affairs Walid Al-Khubaizi said the Joint Steering Committee held …

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