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Saturday , January 18 2020

Business

Oil must stay below $50 per barrel

Low oil prices key to economic reforms Kamel Al-Harami Independent Oil Analyst Keeping the oil prices below $50 per barrel is the only hope for …

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Kuwait, Iraq ink oil deal

Kuwait and Iraqi officials seen during the signing ceremony AMMAN, Aug 3, (KUNA): Kuwait and Iraq have signed in the Jordanian capital of Amman a …

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‘$39 bn worth of Kuwaiti investments in Germany’

Kuwaiti businesses in Berlin top in Europe BERLIN, Aug 1, (KUNA): Kuwaiti Ambassador to Germany Najib Al-Abder on Thursday revealed that volume of Kuwaiti investments …

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Kuwait holds discount rate at 3 percent

KUWAIT CITY, Aug 1, (Agencies): Kuwait’s Central Bank decided on Wednesday to keep its discount rate unchanged at its current level of 3 percent. The …

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Zain Group reports robust results for H1, 2019

Revenue up 61% to $2.7 billion, net income rises 13% to $321 million Bader Al-Kharafi , Zain Vice-Chairman and Group CEO KUWAIT CITY, July 31: …

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Kuwait’s Alshaya Group & Hilton join forces on development deal

KUWAIT CITY, July 31, (KUNA): Global hospitality firm Hilton Worldwide and Kuwait’s international franchise operator Alshaya Group have clinched a “master development agreement” to launch …

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MoCI hires 58 commercial inspectors

KUWAIT CITY, July 30: Ministry of Commerce and Industry has announced that 58 individuals have been hired as commercial inspectors in the Commercial Control and …

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Tenders Agency seeking review of Jaber Bridge documents

KUWAIT CITY, July 30: The Central Agency for Public Tenders (CAPT) is urgently seeking to obtain documents dating back to 2010 from the warehouses of …

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USD rises 0.2% against Kuwaiti Dinar

CBK outlines trends of Kuwait economy KUWAIT CITY, July 30, (KUNA): Governor of the Central Bank of Kuwait (CBK) Dr Mohammad Al- Hasheld announced on …

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‘Data on current industrial zones do not reflect reality’

KUWAIT CITY, July 29: The Public Authority for Industry (PAI) said the data on current industrial zones mentioned in the fourth structural layout of Kuwait …

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