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Sunday , October 25 2020

Business

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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Legislator queries KIA commissions

KUWAIT CITY, Sept 7: MP Abdullah Al-Kandari has forwarded queries to Minister of Finance Barrak Al-Shitan about the companies which manage the investments of Kuwait …

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CBK slashed discount rate 3 times in past fiscal year

KUWAIT CITY, Sep 7: Governor of the Central Bank of Kuwait Dr. Mohammad Al-Hashel said on Monday the CBK downgraded, during the fiscal year (2019-2020), …

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Lessons to be learned by National oil companies

A recent announcement was made by Saudi Aramco to cut down on its capital investments to make better returns. This comes at a time when …

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Central Bank issues instructions to banks regarding board membership

‘Fully adhere to independence conditions’ KUWAIT CITY, Sept 5: In a circular to all local banks, the Central Bank of Kuwait (CBK) pointed out that …

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Kuwait Credit Bank: USD 42 mln worth of loans, grants in August

KUWAIT, Sept 5: Kuwait Credit Bank declared on Saturday that overall loans in the property sector, for women and grants reached KD 12.8 million (USD …

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Habtoor Hospitality partners with Kosher Kitchen

Habtoor Hospitality in partnership with Ellis Kosher Kitchen is delighted to be the first hotel group to introduce Kosher food and beverage services to its …

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