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Monday , September 25 2023

Business

KUFPEC Secures Deal to Purchase 40% Stake in Exploration Zone Off the Coast of Egypt

‘Step will also boost company’s marine assets’ CAIRO, Sept 20 : Kuwait Foreign Petroleum Exploration Company (KUFPEC) has inked an accord with BG International Limited, …

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Strategic Insights: Al-Barrak’s Perspective on the First 4 Years in a Long-Term Plan

KUWAIT CITY, Sept 21: Dr. Saad Al-Barrak, the Deputy Prime Minister, Minister of Oil, Minister of State for Economic Affairs and Investment, and Acting Minister …

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Analyzing the Expected Fiscal 2024 Deficit in Light of Surpluses

KUWAIT CITY, Sept 21: EFG Hermes stated in a recently issued report that Kuwait’s financial position will remain solid in the medium term, especially with …

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Foreign ownership in First Market companies declines in 2023, now at KD 5.044 billion

KUWAIT CITY, Sept 20: Foreign ownership in shares of First Market companies saw a 0.3 percent decrease in value from the beginning of 2023, totaling …

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Housing Financing in Kuwait: A 3.9% year-on-year growth in 2023

KUWAIT CITY, Sept 19: Local banks have reported a significant decline in financing provided to the residential sector, with a consolidated monthly decrease of 38.6 …

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KSE, SMEs Fund Sign MoU In Support Of Entrepreneurs

KUWAIT CITY, Sept 19: The Kuwait Society of Engineers and the Kuwait Fund for Small and Medium Enterprises Development have reached an agreement to establish …

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Kuwait, China to ink important deals during Crown Prince’s visit

His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah visit to China KUWAIT CITY, Sept 18: Minister of Commerce and Industry and Minister of …

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AmCham Kuwait hosts Back to Business AGM event

KUWAIT CITY, Sept 18:  ABCK – AmCham Kuwait held its Back to Business Annual General Meeting event at the Grand Hyatt Hotel – Kuwait with …

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American Company Secures Road Repair and Maintenance Contracts

KUWAIT CITY, Sept 18: The Ministry of Public Works revealed to Al-Rai that the neutral technical committee to study the bids submitted by international road …

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Kuwait’s $280 Million Oil Export to the US: A Closer Look

KUWAIT CITY, Sept 17: Official data showed that the total exports of crude oil from 5 Arab countries to the United States of America amounted …

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