Sunday , January 20 2019

Business

Zain launches 1st integrated 5G network in Kuwait

‘Fifth generation technologies will contribute to digital transformation & prosperity of Kuwait’ KUWAIT CITY, June 3: Zain, the largest telecommunications company in Kuwait, has launched …

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Impact of trade war risk in FX market seen ‘marginal’

Positive performance in safe haven currencies could continue By National Bank of Kuwait United States Trade war was the dominating theme last week as the …

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KNPC set to float KD 2.5 mn tender

KUWAIT CITY, June 3: Kuwait National Petroleum Company (KNPC) has set June 17 as the date to float a tender worth KD 2.5 million to …

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Health minister cancels KD 10m worth ‘tenders’

KUWAIT CITY, June 2, (KUNA): Minister of Health Sheikh Dr Bassel Al-Sabah has ordered cessation of tenders’ awarding worth more than KD 10 million, in …

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‘Long-term strategy but one worth pursuing’ – In search of more gas, Gulf states turn to shale

By Kamel Al-Harami Independent Oil Analyst It is time to look for another technology or methodology to search and explore for more natural gas in …

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Oil price rise boosts Kuwait’s fiscal position; credit growth remains ‘modest’ during March

 Inflation up fractionally to 0.7% y/y in April but continues to be subdued by soft food and housing figures By National Bank of Kuwait KUWAIT …

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Chinese firm caught illegally shipping goods to Iran, N. Korea

US may soon claim up to $1.7 bln penalty from China’s ZTE NEW YORK, June 2, (RTRS): The Trump administration may soon claim as much …

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PAI grants local company an initial permission to produce robot planes

Project first of its kind in GCC KUWAIT CITY, May 31: The Public Authority for Industry (PAI) has granted a local private company the initial …

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Kuwait’s economic growth recovering slowly – Belgian Finance House report

‘GCC current account balance again becomes positive’ BRUSSELS, May 30, (KUNA): The six-member Gulf Cooperation Council (GCC) countries have implemented significant fiscal consolidation and this …

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NBK leads the way in partnership with RippleNet

Deal to offer instant cross-border payments service KUWAIT CITY, May 29: The National Bank of Kuwait (NBK) continues to introduce innovative and the newest technology …

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