ARAB TIMES – KUWAIT NEWS THE FIRST ENGLISH LANGUAGE DAILY IN FREE KUWAIT الكويت
During an oil conference in London last week, international oil countries were warned about the danger of oil prices rising above the level of $80. …
Read More »$80 pb is ‘dangerous’ to the world economy
Business
Kuwait stock market winds up week in red territory
Market capitalization drops to KD 28.35 billion Boursa Kuwait ended last week in the red zone. The Premier Market Index closed at 5,257.16 points, down …
Read More »PART asks KPC to allow contractors to import bitumen
KUWAIT CITY, Oct 11: Public Authority for Roads and Transportation (PART) has requested Kuwait Petroleum Corporation (KPC) to allow road-paving contractors to import bitumen that …
Read More »Private sector’s deposits with banks down by 0.5 pc
Money supply fell 0.3 percent in August: Central Bank of Kuwait KUWAIT CITY, Oct 11, (KUNA): Broad money supply (M2) declined by 0.3 percent in …
Read More »MoF announces budget surplus of KD 1.29 billion in April & May
KUWAIT CITY, Oct 11: Ministry of Finance announced a budget surplus of KD 1.29 billion in April and May, reports Al-Rai daily. The surplus prior …
Read More »Kuwait index slips into red zone; volume ebbs
Mabanee down 5 fils; Ooredoo flat KUWAIT CITY, Oct 10: Kuwait stocks pulled lower on Wednesday after treading water in previous two sessions. The All …
Read More »NBK reports KD 272.4 mln 9M 2018 net profits
14.3 percent year-on-year growth KUWAIT CITY, Oct 10: National Bank of Kuwait (NBK) reported net profits of KD 272.4 million ($898.7 million) for the first …
Read More »EQP announces launch of innovative Viridis 25
Project complies with European regulations KUWAIT CITY, Oct 10, (KUNA): Equipolymers (EQP), a subsidiary of EQUATE Group for petrochemicals, has announced the launch of the …
Read More »KNPC to meet companies qualified for Al-Dibdibah Solar Power Plant project worth KD 520 million
KUWAIT CITY, Oct 9: Kuwait National Petroleum Company (KNPC) will soon hold the first preliminary meeting with companies qualified for the Al-Dibdibah Solar Power Plant …
Read More »$29 m spare parts for Al-Zour power station
KUWAIT CITY, Oct 9: Minister of Oil, Electricity and Water Bakheet Al-Rasheedi has inked a contract, worth KD 9 million ($29 million), for importing original …
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