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Wednesday , June 19 2019

Business

Kuwait exhibitor launches rebrand with eye on Saudi launch, expansion

‘New brand embodies KNCC’s strategy of keeping pace with latest developments’ LOS ANGELES, Aug 20, (RTRS): The Kuwait National Cinema Company has launched new branding …

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Tradition of Eid clothes shopping breathes life into markets

Local markets witnessing an economic boom KUWAIT CITY, Aug 20: Eid clothing is an important part of the celebration of the annual Eid holidays for …

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KUFPEC floats tender for VAT collection

KUWAIT CITY, Aug 19: Kuwait Foreign Petroleum Exploration Company (KUFPEC) will fl oat a tender for the collection for Value- Added Tax (VAT), reports Al-Nahar …

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New terms to ‘govern’ Joint Saudi-Kuwait Khafji oil field

Sides reach initial agreement KUWAIT CITY, Aug 19: As Saudi Arabia and Kuwait are said to have reached an initial agreement over the potential resumption …

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KOC wins billion dollar lawsuit filed by Korean contracting firm in 2014

‘PIC committed to concept of sustainable dev, its practices in Kuwait’ KUWAIT CITY, Aug 19: The International Arbitration Commission in London Friday ruled in favor …

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Oil sector to produce 1,500 mw of solar cells, says Al-Rasheedi

KUWAIT CITY, Aug 18: Oil Minister and Minister of Electricity and Water Bakheet Al- Rasheedi was recently quoted as saying the oil sector will produce …

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Turkish lira slump is temporary, says head of National Popular Movement

KUWAIT CITY, Aug 18: Head of National Popular Movement Saoud Rashid Al-Hujailan says the fall in the value of Turkish lira to a record low …

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Kuwait current account surplus reaches highest in 3 years

KUWAIT CITY, Aug 18: Kuwait’s current account reached its highest surplus in three years in Q1 2018, standing at $5.58 billion, or 17 percent of …

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Expenditure for fiscal 2018/19 reaches 3.6 pct in first quarter

‘49 pc of projects are ongoing’ KUWAIT CITY, Aug 16: The first quarter follow up report on the annual plan for fiscal 2018/2019 revealed the …

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Record turnout for purchase of Turkish lira in Kuwait

Luxury Turkish products now less expensive KUWAIT CITY, Aug 16: An unprecedented turnout of Kuwaitis – both individuals and traders – who thronged the exchange …

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