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Business

Movement of exports, imports of goods picked up momentum in ’21

KUWAIT CITY, June 8: Official government data says the movement of exports and imports of goods in Kuwait rebounded in 2021 to overcome the repercussions …

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KPC eyes $1b from int’l banks to finance the capital projects

Corp developing its ‘medium and long-term strategy…’ KUWAIT CITY, June 7: Deputy Prime Minister, Minister of Oil, Minister of State for Cabinet Affairs and Chairman …

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Boursa lists Al-Ghanim Automotive

KUWAIT CITY, June 7: Boursa Kuwait announced on Tuesday the listing of Ali Al-Ghanim and Sons Automotive Company in the premier market within the consumer …

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KIA largest sovereign fund invested in US stocks

KUWAIT CITY, June 7: Recent data from the Sovereign Wealth Fund Institute (SWFI) showed that global sovereign wealth funds have assigned $1.259 trillion to invest …

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Kuwait supports Turkish-Arab foray into business-oriented philanthropy

ISTANBUL, June 5: Kuwait joined the festivities as “Core Istanbul”, billed as a collaborative Turkish-Arab firm, that was inaugurated on Saturday in what is touted …

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Several oil and gas projects fail to meet deadlines

Two tenders floated by KOC postponed KUWAIT CITY, June 4: MEED magazine has reported that the oil and gas projects in the country have experienced …

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Foreign bank declares intention to wind up business in Kuwait

‘Branch unable to achieve the group’s goals’ KUWAIT CITY, June 4: One of the foreign banks operating in Kuwait has verbally informed the regulatory authorities …

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KPC ‘approves’ proposal to obtain licenses for workers

KUWAIT CITY, June 1: The Board of Directors of Kuwait Petroleum Corporation (KPC) discussed three main issues in its recently concluded meeting that lasted for …

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Kuwaiti projects market records 2.3% growth

KUWAIT CITY, June 1: MEED magazine revealed that the value of the Gulf Projects Index grew by 0.4 percent from $3.2 trillion to $3.3 trillion …

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Rise in prices in China, a new blow to oil contractors in Kuwait

Kuwaiti contractors left with very few options KUWAIT CITY, May 31: The MEED magazine addressed the difficulties experienced by contracting companies operating in the oil …

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