Browsing: Kuwait

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.

Kuwait’s government have signed 21 memorandum of understandings with various countries to fight for workers’ rights in different fields

King of Jordan Abdullah II and Emir of Kuwait Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah stressed on the importance of reducing tensions…

A recent government report has recommended several measures to further enhance happiness in Kuwait

Kuwait’s Emir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah has appointed Ahmad Abdullah Al-Ahmad Al-Sabah as prime minister, state news agency KUNA…

According to a recent report by the Oxford Business Group, Kuwait commenced 2024 from a position of economic strength, benefiting from improved financial balances

Polling areas opened Thursday in Kuwait’s first election since Sheikh Meshal Al-Ahmad Al-Sabah assumed power late last year, as voters…

The evaluation is based on countries’ adeptness in resource management to ensure prosperity for their populace

The narrowing was due to a jump in oil revenues (+15% m/m to KD16.4 billion YTD) and higher non-oil revenues (+24% m/m to KD1.45 billion)