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Business

KNPC issues circular to reshuffle two team leaders

Al-Saeedi to head project coordination team KUWAIT CITY, July 18: Deputy Executive Chairman for Projects at Kuwait National Petroleum Company (KNPC) Eng Abdullah Fahad Al-Ajmi …

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Budget hike tied to arrears in some ‘educational institutions’ of PAHA

Annual budget ranges from KD 29m to KD 31m KUWAIT CITY, July 18: Deputy Director General of the Education and Rehabilitative Services Section in the …

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Kuwait oil price up 74 cents to $71.79 pb

The price of Kuwaiti oil went up 74 cents Monday to $71.79 per barrel (pb), after being at $71.05 pb Friday, said Kuwait Petroleum Corporation …

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Wataniya Airways confirms order for A320 planes

KUWAIT CITY, July 17: A major aircraft order follows an earlier agreement announced at last year’s Dubai Airshow between Kuwaiti carrier and Airbus Golden Falcon Aviation, …

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‘Finance’ keen on strengthening commercial & economic growth

Al-Mawashi turns carcasses into eco-friendly compost KUWAIT CITY, July 17, (KUNA): Minister of Finance Nayef Al-Hajraf on Tuesday affirmed Kuwait’s keenness on strengthening its commercial …

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Wataniya Airways concludes first year of re-operation

Airline achieves major breakthrough with 400K passengers KUWAIT CITY, July 16: Having resumed its flights back in July 11, 2017, Wataniya Airways celebrates today its …

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KFH invites AUB due diligence

DUBAI, July 16, (RTRS): Kuwait Finance House (KFH) said on Monday it had invited Bahrain’s Ahli United Bank to begin a due diligence process for …

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OPEC only choice; the limit is reached

To bring the oil prices down to an acceptable “White House” level, which is less than $80 per barrel, the USA administration must ensure all …

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Company set with KD 20 mln capital

KUWAIT CITY, July 15: Kuwait Clearing Company and four other partners have established a closed shareholding company with the name “Kuwait International Settlement and Clearing …

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KFAED signs $170 mln loan deal with Egypt

KUWAIT CITY, July 14: Kuwait Fund for Arab Economic Development (KFAED) on Thursday signed a KD 50 million ($170 million) loan for the Egyptian government, …

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