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Wednesday , February 1 2023

Business

Inflation rate in Kuwait 3.15% in ’22

KUWAIT CITY, Jan 22: The consumer prices on annual basis grew by 3.15 percent by the end of 2022 compared with the year before, according …

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Weakest link? No, we are not…

ACCORDING to some foreign European banks, Kuwait’s annual budget for the 2023/2024 fiscal year is based on an oil price of $88 per barrel, which …

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KPC sends oil shipment sent to Oman

KUWAIT CITY, Jan 21: Managing Director for Global Marketing at Kuwait Petroleum Corporation (KPC) Sheikh Khaled Ahmad Al- Sabah confirmed that the country recently sent …

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Kuwait’s Dhaman signs MoU with Greece’s ECG in bid to promote trade & investment

KUWAIT CITY, Jan 19: Kuwait-based Arab Investment & Export Credit Guarantee Corporation (Dhaman) Thursday signed a memo of understanding (MoU) with Export Credit Greece (ECG) …

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MoCI studying ways to provide support to nano-businesses

KUWAIT CITY, Jan 19: The Ministry of Commerce and Industry and the relevant government agencies are studying ways to provide financial support to workers who …

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KOC signs consulting contract to conduct study for exploitation of renewable energy in its fi elds

KUWAIT CITY, Jan 19 : Kuwait Oil Company (KOC) signed Thursday a consulting contract with Worley Consulting to conduct a detailed feasibility study for the …

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‘Fitch’ affirms Kuwait at ‘AA-’ with stable outlook

KUWAIT CITY, Jan 18: The Fitch Ratings has affirmed Kuwait’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at AA- with a Stable Outlook. According to a …

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KNPC postpones distillation, bitumen units projects for 2 yrs

KUWAIT CITY, Jan 18: The Kuwait National Petroleum Company has decided to postpone the construction of the crude oil distillation unit and the bitumen production …

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Real estate in Kuwait to remain stagnant in ’23, experts predict

‘Investors opting for bank deposits with high interest rates’ KUWAIT CITY, Jan 18: The realestate scene in Kuwait will remain stagnant in 2023 due to …

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Kuwait to convert MEW into corporation

‘Dismantling will not affect rights of citizens working in ministry’ KUWAIT CITY, Jan 17: The Council of Ministers approved the plan of the Ministry of …

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