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Saturday , February 27 2021


ABK introduces series of new developments to digital channels – Bank continues to implement its ‘Simpler’ banking strategy

KUWAIT CITY, March 7: In line with its commitment to making Banking ‘Simpler’ for its customers, Al Ahli Bank of Kuwait (ABK) recently announced that …

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Oil price forcing producers to freeze output – OPEC to meet in Moscow for new talks

ABU DHABI, March 7, (RTRS): The United Arab Emirates’ energy minister said on Monday that current, low oil prices are forcing many producers to freeze …

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KSE retreats 15.87 pts amid lacklustre trade – Kout Food Group dips 50 fils; KFH gains

KUWAIT CITY, March 7: Kuwait stocks sagged on Monday partly reversing the gains in the previous session. The bourse dropped 15.87 pts in a lackluster …

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KPC inks MoU to develop Pakistani oil wells – MoU to be implemented through KUFPEC

KUWAIT CITY, March 6, (KUNA): The state-run Kuwait Petroleum Corporation (KPC) has signed a memorandum of understanding with the Pakistani Ministry of Petroleum and Natural …

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Zain recognizes distinguished performance of VAS partners – Company holds honoring ceremony and workshop at main headquarters

KUWAIT CITY, March 6: Zain, the leading telecommunications company in Kuwait, recognized the distinguished performance of its Value Added Services partners for the year 2015 …

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Low oil prices put strains on Gulf currency pegs – Region unliklely to abandon policy yet

KUWAIT CITY, March 6, (AFP): Weak oil prices pose a threat to Gulf Arab states’ currency pegs against the dollar, but the energy-rich region is …

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Kuwait gains 36.58 pts amid surge in volume – Americana rallies 100 fils; NBK flat

KUWAIT CITY, March 6: Kuwait stocks swung higher on Sunday after posting strong gains in the previous week. The bourse climbed 36.58 points to 5,280.58 …

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OPEC to oil market: Firm commitment before cut – ‘Oil freeze deal seems to be working’

Firm commitment before oil reduction — this is the message that OPEC has been sending to the market. We must witness firm commitment from Russia …

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Kuwait bourse ends week’s trading in green – Market cap up 1.52% to reach KD 23.98 billion

Kuwait Stock Exchange (KSE) ended last week in the green zone. The Price Index closed at 5,244.00 points, up by 1.34% from the week before …

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Moody’s cuts outlooks for four Gulf states – Bahrain to ‘junk’

DUBAI, March 5, (Agencies): Moody’s Investors Service has cut its outlook for the debt ratings of Saudi Arabia and three other Gulf states while lowering …

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