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Thursday , October 22 2020

Business

KOC plans to conduct survey of offshore oil sites to be ‘drilled’

Bid to obtain high-accuracy seismic data KUWAIT CITY, Sept 14: Kuwait Oil Company (KOC) intends to conduct a survey of the offshore oil sites scheduled …

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Kuwait’s non-oil exports rise 11%

KUWAIT CITY, Sept 13, (KUNA): Value of certificates of origin for non-oil Kuwait exports rose 11 percent in August compared to the same month of …

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International financial bodies closely following up dev on Public Debt Law

Bid to lend long-term, short-term loans KUWAIT CITY, Sept 13: According to reliable government sources, several international banks and financial institutions have contacted Kuwait to …

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Kuwait Credit Bank posts KD 72.5 mln net profits in 19-20′

KUWAIT, Sept 12 (KUNA) — Kuwait Credit Bank said on Saturday that it has achieved net profits of around KD 72.5 million (USD 239 million) …

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Second wave of oil decline

AFTER a few months of stability that lifted the crude oil price from its bottom of less than $20 to $45 per barrel, the oil …

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Regulatory authorities refuse to okay tender of Kabad health center project

Inconsistency of tender documents cited KUWAIT CITY, Sept 10: The regulatory authorities have refused to approve the tender for the construction, development and maintenance of …

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OAPEC and KNPC to exchange experiences

KUWAIT CITY, Sept 10: Organization of Arab Petroleum Exporting Countries (OAPEC) Secretary General Ali Bin Sabt announced Thursday an agreement for a joint working group …

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MEW to float three KD 19.479 mln worth tenders to develop network

KUWAIT CITY, Sept 9: The Ministry of Electricity and Water will soon fl oat three tenders worth 19.479 million dinars to develop and modernize the …

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Kuwait public utilities achieved 6 million dinars in net profit in 2019

KUWAIT CITY, Sep 9: The Kuwait Public Utilities Management Company announced that it achieved 6 million Kuwaiti dinars (about 19.4 million US dollars) in net …

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Shortcomings to delay many govt, oil projects

CAPT warned of illegal actions’ consequences KUWAIT CITY, Sept 8: Reliable sources at the Central Agency for Public Tenders (CAPT) warned of the consequences of …

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