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Friday , January 17 2020


CBK, MoCI study additional provisions to control money collection

KUWAIT CITY, Sept 30: The Central Bank of Kuwait (CBK) is leading an extensive control move, in coordination with the Ministry of Commerce and Industry …

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Kuwait plans to sell stakes upto 44% in the Al-Zour and Khiran power projects

KUWAIT CITY, Sept 29, (RTRS): Kuwait plans to sell stakes of up to 44 percent in the Al-Zour and Khiran power projects to investors in …

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KPC takes step in ‘implementing’ restructuring project for oil sector

8 int’l firms to participate in tender KUWAIT CITY, Sept 29: Kuwait Petroleum Corporation (KPC) has taken a step in the right direction in the …

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KAPP set to launch 50% of equity stake for public offering on Oct 1

Private sector role eyed in growth The press conference in progress KUWAIT CITY, Sept 29: The Kuwait Authority for Partnership Projects (KAPP), during a press …

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Finance ‘warns’ against additional funds with potential of exceeding budget limits

New regulations concerning hospitality and events held KUWAIT CITY, Sept 29: Financial experts have warned about exceeding the limit of expenditures specified in the public …

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Oil’s future bleak – Time for Gulf producers to turn new page

Kamel Al-Harami Independent Oil Analyst Let us turn a new page as oil prices remain weak. Prices might hit new bottom next year – around …

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KOC postpones tender

KUWAIT CITY, Sept 28: Kuwait Oil Company (KOC) postponed until next year the floating of a tender to upgrade the gas depot in the southern …

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‘Kuwait plays vital role to support medical sector in Egypt’

KUWAIT CITY, Sept 28: The President of Zagazig University Dr Othman Shaalan praised the role of Kuwait at the official and private levels, expressing appreciation …

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Audit Bureau nods car rental tender

KUWAIT CITY, Sept 28: The State Audit Bureau has recently approved a tender worth 1.2 million dinars for renting cars for the Ministry of Communications …

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Commercial prosperity led to major boost in hotel industry in Kuwait

‘First 5-star hotel built in 1958’ KUWAIT CITY, Sept 26, (KUNA): The emergence of hotels in Kuwait was propelled by the commercial prosperity witnessed in …

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