Thursday, March 21, 2019

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...

Growth to falter as oil output cuts take effect

Home to the sixth-largest oil reserves in the world and the seventh-highest crude oil exports, Kuwait’s economic well-being is overwhelming tied to global oil...

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...

State Audit Bureau makes recommendations after 2017-18 account review

After reviewing state body accounts and records for the 2017­18 fiscal year, the State Audit Bureau advised increasing support for internal oversight bodies, encouraging...

Experts call for harmony among Gulf markets’ influential quarters

Economic experts on Wednesday affirmed necessity of integration and harmony among influential quarters at the capital markets in the Gulf region to face various...

Kuwait backs efforts to stabilize oil market

Kuwait supports international efforts aimed at restoring balance and stability to the global oil market in a manner that serves common interests of crude...

Kuwait GDP climbs in Q3, 2018 – NBK

Kuwait's gross domestic product (GDP) rose 1.8 percent on annual basis in Q3 2018, the National Bank of Kuwait (NBK) said in a report...

Oil slips on economic slowdown, but OPEC-led cuts still support

Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts...

FinTech initiatives to enhance efficacy of financial system

Central Bank of Kuwait (CBK) is mulling several initiatives aimed at completely revamping and upgrading the IT infrastructure, as well as policies, processes and...

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