Browsing: Kuwait

KUWAIT – The volume of non-oil trade exchange between Kuwait and Pakistan reached USD 590 billion in 2023, Undersecretary of Ministry of Commerce and Industry Ziad Al-Najem said Tuesday.

RIYADH: Saudi exploration service provider ADES Holding Co. has secured a SR2.42 billion ($645.3 million) deal for six onshore drilling contracts with Kuwait Oil Co., marking an expansion of its operations. 

The GCC also succeeded in enhancing its regional and international role, becoming a key partner in achieving international peace and stability, he noted

Steven Sahiounie, journalist and political commentator Dr. Waleed al-Tabtabai, a former Kuwaiti member of the National Assembly, and a man…

raders monitor stock information at the Borsa Kuwait Stock Exchange, in Kuwait City, Kuwait November 9, 2016. Image used for illustrative purpose. Stephanie McGehee

Kuwaiti Emir Sheikh Meshal al-Ahmad al-Jaber al-Sabah on Wednesday sent Turkish President Recep Tayyip Erdogan a cable of appreciation after…

The main commodities imported by Egypt from Kuwait in the same year were: fuels, mineral oils, and distillation products ($2.7bln), organic chemicals ($12.2mln), plastics and related articles ($10.2mln), and iron and steel ($2.8mln)

Kuwait – The decrease in oil prices led to a 10% decline in Kuwait’s trade surplus value in January compared to the same period last year, dropping from 1.2 billion dinars to 1.1 billion dinars, reports Al- Qabas daily.

Kuwait’s economic growth (real GDP) projection for 2024 was revised by the World Bank to 2.8% y/y, higher than the 2.6% y/y forecasted earlier in January 2024 owing to expectations of phasing out of OPEC+ production cuts, according to Kuwait Financial Centre (Markaz).

Kuwait has invested nearly $15 billion in industrial projects and other sectors in Egypt and the assets are expected to surge in the next years following the Kuwaiti Emir’s visit to Cairo, an Egyptian newspaper said on Thursday.