Sunday , December 16 2018

Business

‘Oil prices at its best’

OIL prices are beginning to stabilize at a comfortable level within the $70 range, which is making everyone happy including the American administration. It was …

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Gulf Bank records an increase of 18 pct in net profit for H1, 2018

Earnings hit KD 27 million in first six months KUWAIT CITY, July 21: Gulf Bank K.S.C.P. announced its financial results for the first half of …

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Kuwait to get e-cars

KUWAIT CITY, July 19: Kuwait Chamber of Commerce and Industry (KCCI) has requested all concerned authorities to provide necessary requirements for the entry of electric …

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CBK issues Balance of Payments report for the first quarter of ’18

Current account surplus soars KUWAIT CITY, July 19, (KUNA): The Central Bank of Kuwait (CBK) published Thursday the preliminary data of the Balance of Payments …

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KFAED signs remaining balance of over $3.5m loan deal with Mongolia

Undurkhaan Airport in Khentii Province to be financed KUWAIT CITY, July 19: Kuwait Fund for Arab Economic Development (KFAED) has signed the remaining balance of …

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Wataniya Airways signs contract to buy 25 Airbus planes costing $2.8b

Delivery to start from 2020 KUWAIT CITY, July 18: In the biggest aviation deal ever in the private sector of the Kuwaiti market, Wataniya Airways …

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KNPC issues circular to reshuffle two team leaders

Al-Saeedi to head project coordination team KUWAIT CITY, July 18: Deputy Executive Chairman for Projects at Kuwait National Petroleum Company (KNPC) Eng Abdullah Fahad Al-Ajmi …

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Budget hike tied to arrears in some ‘educational institutions’ of PAHA

Annual budget ranges from KD 29m to KD 31m KUWAIT CITY, July 18: Deputy Director General of the Education and Rehabilitative Services Section in the …

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Kuwait oil price up 74 cents to $71.79 pb

The price of Kuwaiti oil went up 74 cents Monday to $71.79 per barrel (pb), after being at $71.05 pb Friday, said Kuwait Petroleum Corporation …

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Wataniya Airways confirms order for A320 planes

KUWAIT CITY, July 17: A major aircraft order follows an earlier agreement announced at last year’s Dubai Airshow between Kuwaiti carrier and Airbus Golden Falcon Aviation, …

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