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Business

Kuwait is not far from effects of US-China trade war

KUWAIT CITY, May 23: Referring to the trade war between America and China which escalated with the two countries announcing the exchange of customs duties …

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Kuwait GDP up 1.6 pct – World Bank

Banking sector in good position KUWAIT CITY, May 23, (KUNA): Kuwait’s GDP rose 1.6 percent in 2018 after dropping 3.5 percent the year prior, the …

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Competition Protection Authority conducts study on number of market sectors

KUWAIT CITY, May 21: Board Chairman of Competition Protection Authority Dr Rashed Al-Ajmi said the authority has conducted a study covering a number of market …

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Alghanim honored for nurturing new gen of business leaders

President of JA Worldwide, Asheesh Advani and Omar K. Alghanim during the award ceremony held by the organization at its 100th anniversary gala. KUWAIT CITY, …

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‘1,035 projects funded at a cost of KD 177.1 million over 3 years’

KUWAIT CITY, May 21: The National Fund for Small and Medium Enterprise Development since 2016-2019 has funded 1,035 projects at a cost of KD 177.1 …

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Contracts of higher worth did not improve Kuwait’s ranking

KUWAIT CITY, May 20: Even though the value of contracts floated by Kuwait increased by $401 million to reach $720 million in April 2019, which …

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Kuwait’s oil production declined by 10 thousand bpd

Oil production will rise given Iran’s production shortfall KUWAIT CITY, May 20, Kuwait’s oil production declined by 10 thousand barrels per day from 2.707 million …

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Iraq likely to exempt customs fee on Kuwaiti goods

Proposed committee to help reclaim Kuwaiti property in Iraq KUWAIT CITY, May 20: The Iraqi Ministry of Commerce asked its Kuwaiti counterpart to export to …

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Kuwait skids amid regional jitters

National Bank of Kuwait sheds 15 fils, UPAC sprints ahead KUWAIT CITY, May 19: Kuwait stocks sank into red on Sunday extending previous week’s pullback. …

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Bid to activate privatization program

KUWAIT CITY, May 19: The Supreme Council for Privatization is preparing a file to activate the privatization program to re-launch the projects, including logistics areas, …

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