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Saturday , September 21 2019

Business

Kuwait PIC signs $3.2 billion deal

KUWAIT CITY, Feb 5, (KUNA): Kuwait Petrochemical Industries Company (PIC) has clinched a major contract worth USD 3.2 billion for a project to turn propane …

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Ad-hoc panel to study new T2 airport project

KUWAIT CITY, Feb 5: An adhoc committee has been formed to study and meet the requirements for the new T2 airport terminal project which is …

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KPC sees high demand for energy next two decades

OPEC share to shoot up 36 percent by 2040 KUWAIT CITY, Feb 5, (KUNA): Demand for energy is forecast to edge up by 33 percent …

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Gulf Bank records net profit of KD 57mn, increase of 18 percent for the year 2018

EPS rises to 20 fils, Board of Directors proposes cash dividend of 10 fils per share Omar Kutayba Alghanim, Chairman of Gulf Bank KUWAIT CITY, …

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Commerce minister to meet with reps of telecom & ISP companies

Bid to discuss possibility of finding a compromise KUWAIT CITY, Feb 4: Minister of Commerce and Industry and Minister of State for Services Khaled Al-Roudhan …

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ChartCo and KOTC sign contract to provide navigational services

New changes in top positions in oil sector KUWAIT CITY, Feb 4: Kuwait Oil Tanker Company (KOTC) has selected ChartCo for managing its navigational necessities, …

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CBK working on ‘draft law’ to appoint independent Shari’a Supervisory Board

Legitimate bodies contradict this view KUWAIT CITY, Feb 4: The Central Bank of Kuwait is currently working on a draft law which will allow it …

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Kuwait attracts investments

KUWAIT CITY, Feb: Assistant Director General for Business Development at Kuwait Direct Investment Promotion Authority (KDIPA) Mohammad Yacoub said that Kuwait attracted $800 million direct …

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KPC appoints new heads of ‘affiliated’ companies

New appointee heads to lead for 3 years Hashem Sayed Hashem KUWAIT CITY, Feb 4, (KUNA): The Kuwait Petroleum Corporation (KPC) appointed on Sunday the …

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48.7% decrease in Over the Counter Market

KUWAIT CITY, Feb 3: Kuwait’s Over the Counter Market (OTC) has witnessed a decrease last week by 48.7 percent compared to the previous week. The …

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