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Business

Kuwait Central Bank hikes discount rate

KUWAIT CITY, June 15, (Agencies) : The Central Bank of Kuwait (CBK) will raise the discount rate by 0.25 per cent from 2.00 per cent …

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Kuwait Credit Bank gives loan to 300 applicants

KUWAIT CITY, June 14: The Director- General of Kuwait Credit Bank, Salah Al- Mudhaf, announced that the bank had received about 300 online loan applications, …

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KNPC achieves qualitative leap

KUWAIT CITY, June 14: The Kuwait National Petroleum Company announced on Tuesday the provision of a diesel product with low sulfur content and conforming to …

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$5.9 bln worth of tenders awarded in Kuwait in 2021

KUWAIT CITY, June 13 : Secretary General of the Central Agency for Public Tenders of Kuwait (CAPT) Usama Al-Duaij said the agency awarded 235 tenders …

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‘Kuwait increases its feedstock exports to independent Chinese refineries by 86.1%’

S&P’s expects continued flow of some Iranian shipments KUWAIT CITY, June 13: Figures issued by Standard & Poor’s Global agency showed that Kuwait increased its …

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KOTC seeking to hire Pakistani, Polish, Bulgarian and Croatian workers

KUWAIT CITY, June 12: The Kuwait Oil Tankers Company (KOTC) is looking for workers from Pakistan, Poland, Bulgaria and Croatia to support its operations. These …

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‘Pouring more oil into market not enough – curtail demand’

TO start with, there isn’t enough oil that is readily available to meet the ongoing demand, especially with China awakening to face economic growth with …

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Finance currently working to activate economic, financial reform initiatives

KUWAIT CITY, June 11: Finance Minister Abdulwahab Al-Rasheed confirmed that the ministry is currently working to activate the economic and financial reform initiatives included in …

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Kuwaiti non-oil sector to witness ‘upward growth’ in coming years

New gains cited in refining field of 2 environ fuel projects KUWAIT CITY, June 9: A recent government economic report referring to the development of …

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Cigarette prices to increase

KUWAIT CITY, June 8: Kuwait Anti-Smoking and Cancer Society said there is a high probability that the prices of cigarettes in Gulf countries will increase …

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