ARAB TIMES – KUWAIT NEWS THE FIRST ENGLISH LANGUAGE DAILY IN FREE KUWAIT الكويت
LAST month, the total production of OPEC+ was 42.67 million barrels per day, which was slightly lower than last month. Saudi Arabia is the top …
Read More »OPEC+ crude supply in balance, will it persist?!
Business
Kuwait lack of reforms weighs on outlook
KUWAIT CITY, March 8: Global Finance magazine said that Kuwait is reaping the benefits of high oil and gas prices, but the lack of reforms …
Read More »KIPIC inaugurates second phase of Al-Zour refinery
KUWAIT CITY, March 7: KIPIC’s CEO Waleed Al-Bader announced on Tuesday the launch of the second phase of Al-Zour refinery, stressing accomplishing further progress according …
Read More »PART fails in its tasks, should be abolished
‘Total projects expenditure over KD2.7 bln since its inception’ KUWAIT CITY, March 7: The Minister of Public Works, Dr. Amani Bouqmaz, has submitted a request …
Read More »Oil price rise sparks revenue surge
KUWAIT CITY, March 7: Global Finance magazine revealed that high oil prices in 2022 led to an increase in Kuwaiti crude revenues by 85%, which …
Read More »‘Commerce’ to reorganize sale of subsidized construction material
KUWAIT CITY, March 6: The Minister of Commerce and Industry, Mazen Al-Nahedh, has suspended the implementation of Ministerial Resolution No. 30 of 2023 regarding the …
Read More »MoSA plans to ban direct contact between co-op boards, investors
‘Prior approval from ministry mandatory’ KUWAIT CITY, March 6: The Ministry of Social Affairs (MoSA) intends to issue a new regulation as part of the …
Read More »Delay in maintenance tenders stare in face of power ministry
KUWAIT CITY, March 5: The Ministry of Electricity and Water is facing a difficult test, threatening the accuracy of the assurances it had given earlier, …
Read More »PART rejects Fahaheel project in its current form
KUWAIT CITY, March 5: The Kuwait Municipality recently approved the request of the Public Authority for Roads and Transportation (PART) to develop the Fahaheel Expressway …
Read More »Study of Russia’s monopoly in energy supply to Europe
ONE of the main consequences of the Russian invasion of Ukraine is the loss of Russia’s grip on its gas and oil supply to Europe, …
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