Business

4th KIPCO Tmkeen Award for Young Entrepreneurs KUWAIT CITY, Oct 30: KIPCO – the Kuwait Projects Company – and the Youth Empowerment Organization (Tmkeen) announced the names of the three e-media and technology businesses that have advanced to the final judging round of the Fourth KIPCO Tmkeen Award for Young …

Kuwait’s exports to EU valued at $562m and imports from EU at $476m BRUSSELS, Oct 30, (KUNA): The 28-member European Union’s imports from Kuwait, as well as imports of the 19-member Euro area from Kuwait in August 2018 were slightly up compared to August 2017, according to the latest figures …

Jazeera Airways skids 38 fils, VIVA gains KUWAIT CITY, Oct 28: Kuwait stocks pulled lower on Sunday after posting modest gains during previous week . The All Shares Index fell 6.14 pts in sluggish trade to 5,033.42 points weighed by some of the mid-caps even as overall mood remained mixed. …

‘Agreement bolsters Zain’s efforts in playing a key role in the ‘New Kuwait 2035’ national development plan’ SHANGHAI/KUWAIT CITY, Oct 28: Zain Group, the leading mobile telecom innovator in eight markets across the Middle East and Africa, has been selected by Huawei, a leading global provider of information and communications …

KUWAIT CITY, Oct 28: Deputy Director General for Investment and Private Sector Projects at Public Authority for Housing Welfare (PAHW) Hadeel bin Naji revealed that PAHW has floated four investment opportunities – two in Jaber Al-Ahmad City and other two in Sabah Al-Ahmad City, reports Aljarida daily. She indicated about …

Symposium seeks to develop outputs, opinions and recommendation KUWAIT CITY, Oct 27, (KUNA): The Arab Media Forum Authority announced Saturday that the 3rd media, technology and communication symposium will be held in Kuwait next November 5-6. Secretary-General of the Arab Media Forum, Madi Al-Khamis, said in a press statement that …

Despite Saudi Arabia’s assurance to the global oil producers about provision of adequate supply, prices will continue to be unsettled even after Nov 4, which is the date set for the launch of USA boycott on the export of Iranian crude oil. Oil market will lose about two million barrels …

KUWAIT CITY, Oct 27, (KUNA): Kuwait’s General Authority for Roads and Land Transport announced on Friday that 13 transport projects would be awarded soon ahead of final signature. Director General of the Authority, Eng Ahmad Al-Hassan said in a press statement that the projects include extension of the Seventh Ring …

KUWAIT CITY, Oct 25: Ministry of Education has been working on forming the Budget Estimation Preparation Committee for the 2019/2020 fiscal year, reports Al- Rai daily. In this regard, Ministry of Finance emphasized the need to bear in mind certain regulations when setting up the committee. These regulations include the …

Gulf Bank climbs 3 fils; Ooredoo slips   KUWAIT CITY, Oct 25: Kuwait stocks edged higher on Thursday to wind up the week on a positive note. The All Shares Index rose 5.65 pts in choppy session to 5,039.56 pts led by heavyweights even as the broader sentiment remained soggy. …