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Iran oil minister says will keep raising its production – Russian minister says may meet Saudi counterpart before Doha event

DUBAI, April 4, (RTRS): Iran will continue increasing its oil production and exports until it reaches the market position it enjoyed before the imposition of …

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Market capitalization hits $904 bn in Q1

Regional markets like most world equities had a weak start to the year but managed to recover ground by the end of 1Q16. Following a …

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Producer coordination would stabilise oil prices: Kuwait – 12 countries have so far agreed to attend April 17 meeting

KUWAIT CITY, April 3, (AFP): Kuwait said Sunday that an agreement on coordination between major OPEC and non-OPEC oil producers at a meeting in Doha …

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KSE ‘kicks off’ month with 20.83 pts decline – NBK drops 20 fils; Americana gains

KUWAIT CITY, April 3: Kuwait stocks kicked off the month on dull note as it extended its losses from the last session. The price index …

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NBK will only process online salary transfers starting April – All Business Banking customers urged to register in Salary Portal Service

KUWAIT CITY, April 3: Starting from April 2016, National Bank of Kuwait (NBK) will only process online salary transfers. All NBK Business Banking customers, who …

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KNPC is likely to achieve good profit in FY: Al-Azmi

KUWAIT CITY, April 3, (KUNA): Kuwait National Petroleum Company (KNPC) is anticipated to achieve good profits in the fiscal year that ended last March, said …

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Electricity and water charges to be based on consumption rate – Steps to hike costs overdue

The government last Monday approved a bill concerning the new charges of electricity and water which will be based on consumption rate. If this bill …

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Market mixed; 156 firms post KD 1.62bn profit

Kuwait Stock Exchange (KSE) ended last week with mixed performance. The Price Index closed at 5,228.75 points, down by 0.75% from the week before closing, …

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Yiaco Medical Company issues status update on Al-Adan Hospital BOT Project transfer to MoH – New equipment first of its kind in region with cutting-edge technology

KUWAIT CITY, April 2: YIACO Medical Company, one of the leading healthcare networks in Kuwait issued an update on the status of the Al-Adan Radiology …

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Raising the US minimum wage to $15 an American dream – California, New York poised to become highest-paid-wage states

New York, Seattle, California: in the battle over the US minimum wage, cities and states are taking their own initiative, making regional advances toward the …

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