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Business

End of oil’s golden days

Time to find new source of income Kamel Al-Harami Independent Oil Analyst WE hope the oil-rich countries will start realizing that the future of oil …

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Kuwaiti bourse top man pleased with MSCI promotion

Elevation will boost local financial market KUWAIT CITY, June 29, (KUNA): Chairman of Boursa Kuwait Company Hamad Al-Homaidhi has described Boursa Kuwait’s promotion to an …

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Promising opportunity for Kuwaiti investors in India

Kuwait Ambassador to India with Indian Finance Minister JEDDAH, June 29, (KUNA): Indian Finance Minister Nirmala Sitharaman said that there were several promising opportunities available …

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KUFPEC hikes production of Canadian rock oil

Kuwait sees LNG essential for future growth KUWAIT CITY, June 27: The Executive Chairman of Kuwait Foreign Petroleum Exploration Co (KUFPEC), Sheikh Nawaf Al-Sabah, expects …

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MORGAN STANLEY UPGRADES BOURSA KUWAIT IN ’20

Tareq Al-Mizrem Stocks may receive $5bn of inflows – MSCI to reclassify Kuwait Index to Emerging Market status in 2020 KUWAIT CITY, June 26, (Agencies): …

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Finance approves amendments for govt ‘budget’ for fiscal 2018/2019

KUWAIT CITY, June 26: The Ministry of Finance has approved several amendments to the government budget for the fiscal 2018/2019 with the aim of settling …

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KPC not competent to request for the extension of health insurance: CAPT

KUWAIT CITY, June 25: The Central Agency for Public Tenders (CAPT) has notified Kuwait Petroleum Corporation (KPC) that it is not competent to request for …

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Kuwait Cement Company request for waste to be converted into fuel

Company owns modern furnaces KUWAIT CITY, June 24: Executive Vice-Chairman of Kuwait Cement Company Meshal Al-Rashed in a recommendation to resolving the growing waste situation …

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Deputy FM calls for activating ‘economic diplomacy’ – Bid to lure foreign investments

Deputy Foreign Minister Khaled Al-Jarallah KUWAIT CITY, June 23, (KUNA): The Kuwaiti Deputy Foreign Minister has underscored necessity of activating “the economic diplomacy” and working …

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OPEC must continue its oil cuts for another 6 months

Kamel Al-Harami Independent Oil Analyst OPEC has no choice or alternative other than to continue with the reduction of 1.2 million barrels for another six …

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