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Wednesday , September 18 2019

Business

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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$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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Construction ongoing of 700 industrial buildings

KUWAIT CITY, Oct 9: Construction of 700 industrial buildings in Shadadiya and Salmi will be completed by the end of 2019 or beginning of 2020, …

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Kuwait economy growth at 2.33% in 2018 … 4.06% in 2019

IMF CUTS WORLD ECONOMIC GROWTH FORECASTS ON TARIFFS, STRAINS KUWAIT CITY, Oct 9, (Agencies): The economy of Kuwait is expected to grow by 2.33 percent …

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