Asian refiners are on the hunt for crude oil to replace Kuwaiti supply as the OPEC producer cuts exports by nearly a fifth to feed its huge new refinery, which is driving up prices for other sour …
‘Barbie’ Rolls Out in Saudi Arabia With Pink Abayas, Slushies and Éclairs, but Gets Banned in Other Muslim Countries
Censor boards and authorities in Kuwait, Lebanon and Algeria say the movie contains objectionable content, but not all conservative Muslim countries are pushing back.
Kuwait sovereign wealth fund’s London unit appoints new CEO -Global SWF
Kuwait Investment Office (KIO), the London branch of Kuwait’s sovereign wealth fund, has hired Abdulmohsin Al Mukhaizeem, investment chief at Kuwait’s Wafra International Investment, as its new CEO, …
Breaking the Chains: Combating land monopoly in Kuwait
TamimiKuwait grapples with the challenge of land monopoly as vast tracts of land are held by a select few, casting a shadow over economic growth, social equality, and overall accessibility to land for …
UAE’s Al Ansari proposes majority stake acquisition in Oman exchange
Oman will be Al Ansari’s second expansion in the region following Kuwait UAE’s Al Ansari proposes majority stake acquisition in Oman exchange acquisition, Al Ansari Exchange, Al Ansari Finance …
“Ripped off”: Kuwaiti consulate sues landlord over LA mansion rental
The suit names Living The Dream, the L.A.-based luxury villa rental company that owns the Beverly Grove home, along with Shalom Gozlan and Rudy Malka, the company’s president and CEO, as well as …
Probe agency Ed raids in cheating case linked to hiring of nurses for Kuwait
ED seized Rs 76 lakhs and property documents worth Rs 12 crores in a multi-state search operation targeting Puthenveettil Joseph Mathew, accused of illegally collecting crores of rupees from emigrants …
Iraq and Kuwait seek to solve contested border issue
Iraq and Kuwait will work towards reaching a definitive agreement on demarcating their borders, including a contested maritime area of the Gulf, their foreign ministers said on Sunday.The de facto …
Gulf central banks raise interest rates as Fed benchmark hits 22-year high
The central banks of the UAE, Saudi Arabia, Bahrain, Kuwait, Oman and Qatar raised their benchmark borrowing rates after the US Federal Reserve pushed its key interest rate to a 22-year high to tame …
Kuwait reports $20.1bn budget surplus
Kuwait national revenues hit $93.8bn in fiscal year, driven by high oil price Kuwait reports $20.1bn budget surplus Kuwait, Kuwait government, Ministry of Finance – Kuwait Politics & Economics …