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Boursa continues positive performance in Aug

Boursa Kuwait ended August in the green zone. The Price Index closed at 6,892.10 points, up by 0.59% compared to the closings of the month …

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Oil price to stay at $50-55: Kuwait – Strategy on track

KUWAIT CITY, Sept 6, (AFP): Kuwaiti Oil Minister Essam al-Marzouk has said he expects oil prices to stay between $50 and $55 a barrel and …

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Kuwait bourse treads water in volatile trade – Ooredoo gains 20 fils; Agility slips

KUWAIT CITY, Sept 6: Kuwait stocks trod water on Wednesday after last session’s modest rebound on FTSE inclusion hopes. The price index clipped 2.56 pts …

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Kuwait, Saudi bourses gain in August

Kuwait Financial Centre “Markaz” recently released its Monthly Market Research report. In this report, Markaz examines and analyzes the performance of equity markets in the …

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Kuwait index ‘lifted’ by FTSE hopes; volume up – Agility gains 15 fils; Zain slips

KUWAIT CITY, Sept 5: Kuwait stocks pulled higher on Tuesday as it re-opened after the five-day break. The price index climbed 28.46 points to 6,920.56 …

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India ‘freezes’ bank accounts of suspected shell companies

NEW DELHI, Sept 5, (RTRS): India has frozen the bank accounts of 209,032 suspected shell companies as part of a crackdown on illegal transactions and …

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Total sells Norwegian assets to Kuwait – $317m deal

PARIS, Sept 4, (AFP): French oil giant Total said Monday it has agreed to sell its remaining stake in a Norwegian oil field to Kuwait …

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Saudi Arabian ‘honesty’ app takes internet by storm

RIYADH, Sept 4, (AFP): Fizzing with boyish exuberance, Saudi programmer Zainalabdin Tawfiq could be mistaken for a college freshman, but the popularity of his “honesty” …

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Boursa closes week’s trading in green zone – Volume dips 15.68 pct

Boursa Kuwait ended last week in the green zone. The Price Index closed at 6,892.10 points, up by 0.10% from the week before closing, the …

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Need to cut dependence on oil – Kuwait’s govt sole source of income … is it sustainable?

For how long will Kuwait depend on oil as its only source of income? Is it sustainable on a long term basis, especially since we …

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