Thursday, March 21, 2019

India Central Bank faces trouble getting Banks to cut rates

Indian lenders haven’t fully passed on the central bank’s latest interest rate cut to borrowers, pressuring the monetary authority to loosen policy even more...

Oil price vagaries impact Kuwait economy

The 1.2 million barrels-per-day (b/d) cut in oil production instituted by the Organization of Petroleum Exporting Countries (OPEC) and some non-OPEC countries from January...

KPC signs agreement with UK exports entity

Kuwait Petroleum Corporation (KPC) signed Monday a Memorandum of Understanding (MoU) with the UK Export Finance (UKEF) to provide financial support within the petroleum...

Kuwait oil price rises to USD 65.50 pb

Price of the Kuwaiti crude oil rose 64 cents to USD 65.50 per barrelin Thursday's trades, compared to USD 64.86 pb in the Wednesday...

KNPC to export 120,000 bpd to Asia – Official

Kuwait National Petroleum Company (KNPC) signed new contracts with Asian countries to export 120,000 barrels of oil per day to them, said Deputy Managing...

KNPC executes its 2nd largest venture at US$1.4 billion

The fifth gas liquefaction unit is the second largest venture launched by Kuwait National Petroleum Company (KNPC), the company said in a press release...

Kuwait government says keen on equality among citizens regarding loans

The government of Kuwait reaffired Monday keenness on enforcing justice and equality among all citizens, while also preventing any measure that would undermine the...

Kuwait bourse privatisation crucial to attracting investments – Minister

Kuwait stock exchange's recently ­agreed partial privatisation is an important step towards attracting and boosting investments in the local financial market, a minister said...

Kuwait ranks 1st among GCC companies in Dubai – Report

Kuwaiti companies' branches ranked first in Dubai among its GCC counterparts, a report by the Department of Economic Development (DED) here said Wednesday. Kuwaiti businesses...

Kuwait Petroleum is said to reassess $500 billion spending plan

Kuwait Petroleum Corp. is reassessing plans to spend about $500 billion in capital investment and may decide this year to combine its eight business units...

Stay Connected

64,430FansLike
1,222FollowersFollow
232FollowersFollow