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Business

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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Kuwaiti ‘cyclists’ win advanced places in Qatar int’l endurocross

DOHA, April 1, (KUNA) — Kuwaiti racers have seized advanced places in the third round of Qatar International Endurocross, an off-road race championship. On the …

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AUBK continues its strong performance in ’15 – Bank posts KD 47 mln net profit

KUWAIT CITY, April 1: The Chairman of Ahli United Bank — Kuwait, Dr Anwar Ali Al-Mudhaf stressed in the general assembly convened on March 31 …

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Saudi to join oil ‘freeze’ only if Iran joins – Iraq oil exports rise to 3.259 million bpd in March

LONDON, April 1, (RTRS): Saudi Arabia will agree to freeze crude oil production levels only if Iran and other major producers do so, the kingdom’s …

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‘First day’ on job for Japan’s new recruits – Start of fiscal year

TOKYO, April 1, (AFP): Hundreds of thousands of Japanese started their first day on the job Friday in an annual ritual born from the country’s …

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China official factory activity expands but job losses mount – Economists see initial stabilization signs, no quick recovery

SHANGHAI, April 1, (RTRS): Activity in China’s manufacturing activity unexpectedly expanded in March for the first time in nine months, an official survey showed on …

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