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Business

Kuwait Investment Authority denies Pakistan spend

KUWAIT CITY, May 19: Several media outlets in Kuwait and Pakistan have recently published false press stories claiming that the Kuwait Investment Authority (KIA) is …

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Are our Gulf oil installations fully protected from attacks? – Cyber attacks more damaging

Kamel Al-Harami Independent Oil Analyst LAST week, four oil tankers in the Arabian Gulf waters suffered from acts of sabotage, and a drone attack led …

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Kuwait’s non-oil exports up 30 pct last April: MoCI

KUWAIT CITY, May 18, (KUNA): Kuwait’s non-oil exports rose 30 percent last April, compared with the same time period in 2018, announced the Ministry of …

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PAI misses chance – ‘Too late’

KUWAIT CITY, May 18: The Public Authority for Industry has missed a golden opportunity for the business community, trade and investment, because it was too …

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Move to transfer free zone to private property

KUWAIT CITY, May 18: The Committee in the Capital Municipal Council will discuss during its meeting next Monday under the chairmanship of Dr Hasan Kamal, …

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Support for national product turns into a real crisis: report

PAAAFR denies social media reports KUWAIT CITY, May 16: The issue of supporting the national product turned into a real crisis when farmers criticized the …

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Consumption of gasoline increases

KUWAIT CITY, May 16: Official data shows Kuwait’s consumption of petroleum products, especially gasoline, rises year after year despite the increase almost three years ago …

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Bid to expedite 2 isles development

KUWAIT CITY, May 16: Cabinet has formed a ministerial committee with representatives from concerned bodies to speed up the procedures of developing the two artificial …

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CBK asks exchange Cos for precious ‘metals’ accounts

63,752 employees work in various sectors of MoH KUWAIT CITY, May 15: The Central Bank of Kuwait (CBK) has recently asked foreign exchange companies if …

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MoCI precondition licenses

KUWAIT CITY, May 15: Ministry of Commerce and Industry has preconditioned the appointment of “liability officer“ in the renewal of licenses for some 15,875 companies …

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