Browsing: Kuwait

Globally, the price of Brent crude futures contracts went up 66 cents to USD 82.37 pb, as did the West Texas Intermediate crude, up 69 cents to USD 78.28 pb

Kuwait registered a deficit of 1.6 billion dinars ($5.23 billion) in fiscal year 2023/24 from a surplus of 6.4 billion dinars in the previous year

Kuwait’s budget is projected to show a deficit of 5.6 billion dinars ($18.33 billion) for the 2024-2025 fiscal year, with expenses estimated at 24.5 billion dinars

Kuwait’s oil GDP will rise by 0.9% quarter-on-quarter (QoQ) in the fourth quarter of 2024 and 4% year-on-year (YoY) in 2025 if its oil production is restored fully

A limited fire broke out in a storage area belonging to Kuwait’s al-Zour refinery, but production was not affected, state-owned Kuwait Integrated Petroleum Industries Company (KIPIC) said on Saturday.

Nasser Kanaani sympathized with the families of the victims and the Kuwaiti government and people. He also wished divine blessing…

RIYADH: A strong stock of government financial assets has cemented Kuwait’s standing as it secures an ‘A+’ rating from Standard & Poor.  

RIYADH: Trade exchange between Saudi Arabia and Kuwait is set to increase further with the completion of their land customs technical connectivity project.

Business confidence in Kuwait reached its highest level so far this year in May 2024, S&P Global said in a report, driven by output and new orders rising at the sharpest rates in almost four years.

The CEO of Al Ahli Bank of Kuwait has resigned with effect from Thursday and will be replaced by the general manager of corporate banking on an acting basis.