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Business

Kuwaiti expert calls for greater investment in energy resources

KUWAIT CITY, Dec 4, (KUNA): Chief Executive Officer at Kuwait Petroleum Corporation (KPC) Nizar Al-Adsani Tuesday called for developing and investing in all energy resources …

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Kuwait’s ALAFCO, Airline SAS clinch aircraft lease deal

KUWAIT CITY, Dec 4, (KUNA): Kuwait’s Aviation Lease and Finance Company (ALAFCO) has signed a 10-year deal with the Scandinavian region’s national carrier SAS to …

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Zain’s 5G network set to go live across strategic sites in Kuwait

First to launch 5G services in Kuwait KUWAIT CITY, Dec 3: Zain Kuwait, the leading digital service provider in Kuwait announces that its huge investment …

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KPC requests to borrow from financial institutions

KUWAIT CITY, Dec 3: The Council of Ministers has instructed the Ministry of Finance, specifically the Public Debt Management Committee, to study the request of …

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‘Opening new industrial zones would boost work of Kuwaiti entrepreneurs’

Anti-famine efforts were mainly addressed at meet KUWAIT CITY, Dec 3, (KUNA): Minister of Social Affairs and Labour, Minister of State for Economic Affairs Hind …

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Kuwait little changed; trade volume shrinks

KIPCO gains 3 fils, Agility slips KUWAIT CITY, Dec 2, Kuwait stocks were little changed on Sunday following last week’s modest gains. The All Shares …

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Kuwait renews gas oil supply contract with Lebanon

BEIRUT: Kuwait Petroleum Corporation (KPC) has renewed its contract with Lebanon’s ministry of energy for a year to provide Lebanon state electricity company with gas …

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Kuwait overtakes Qatar to become Japan’s ‘third biggest’ oil provider

TOKYO, Dec 2, (KUNA): Kuwait’s crude oil exports to Japan in October jumped 28.3 percent from a year earlier to 7.11 million barrels, or 229,000 …

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Our national performance is on decline – The more we get rid of expats, the worse the situation will become

The performance of all our governmental departments, institutions and corporation are declining. They are not serving the national interest of this young nation which is …

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Banks implement new CBK loan guidelines since mid-November

Kuwait’s new Central Bank lending guidelines contrast two previous approaches KUWAIT CITY, Dec 1, (KUNA): Banks in Kuwait started mid-November to implement the new Central …

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