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Wednesday , July 24 2019


Kuwaiti investors decide to reverse lira downward trend

Short term investment not encouraging KUWAIT CITY, June 10: Although the Turkish lira has fluctuated in recent months and has lost 9 percent since the …

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‘Crude oil prices fell despite embargo’

Market oil prices are mainly indicators, estimates KUWAIT CITY, June 9: A month after the total ban against Iranian oil exports including oil products, will …

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Former CBK governor sees real deficit in state budget

Situation calls for action at all levels to fight and curb corruption KUWAIT CITY, June 9: Deputy Prime Minister and Minister of Finance, former Governor …

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One-source income cannot continue – Importance of diversifying sources of income

Minister for Economic Affairs Mariam Al-Aqeel KUWAIT CITY, June 9: Minister of State for Economic Affairs Mariam Al-Aqeel stressed on the importance of moving forward …

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Oil price to remain weak despite extension of cuts

For sure OPEC plus will decide to extend their production cuts of 1.2 million barrels during the upcoming meeting in Vienna. This is because the …

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Kuwait lags GCC in diversification – Fitch tracks economic reform

KUWAIT CITY, June 3: Kuwait has continued to lag behind the Gulf States in economic diversification, following its recent ranking in Fitch Solutions, which tracks …

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Market witnesses remarkable stability in price of sheep

KUWAIT CITY, June 3: Unlike last Ramadan, the market witnessed a remarkable stability in the price of sheep, which did not exceed the normal price …

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‘Kuwait’s retail sector expected to witness strong growth in second half of this year’

Oxford Business Group releases report KUWAIT CITY, June 2: Kuwait’s retail sector is expected to witness strong growth in the second half of this year, …

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‘Strong possibility of Kuwait promotion to emerging markets in the MSCI Index’

Forbes Middle East publishes report KUWAIT CITY, June 2: There is a strong possibility that Kuwait will gain status in the MSCI Inc.’s Emerging Markets …

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Instructions issued to co-ops to clear small, medium projects financial dues

KUWAIT CITY, June 2: The National Fund for the Development and Welfare of Small and Medium Enterprises (SMEs), in coordination with the Cooperative Development Department …

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