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  • 01, February 2023

    KCCI chief calls on private sector to stand by Chamber

    KUWAIT: Chairman of the Kuwait Chamber of Commerce and Industry (KCCI) Mohammad Al-Sager called on the private sector to stand by the Chamber against the fierce and unjustified attack it is currently exposed to.

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  • 01, February 2023

    Seminar discusses progress on Kuwait development plan

    By Majd Othman

    KUWAIT: The Kuwaiti Society for the Defense of Public Money, in cooperation with the Kuwaiti Economic Society, held a seminar titled “Future Legislation and the Development Plan 2035”.

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  • 31, January 2023

    Large investors pull Adani’s $2.5bn share sale through after stock rout

    MUMBAI: Adani Group’s ambitious share sale exceeded its subscription targets Tuesday in a relief for the Indian conglomerate, which is reeling from allegations of “brazen” corporate fraud that wiped more than $65 billion off its value.

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  • 31, January 2023

    Brexit gloom prevails on UK’s three-year anniversary

    LONDON: British Prime Minister Rishi Sunak defended Brexit as a “huge opportunity” on Tuesday, as the UK marked three years since leaving the EU amid economic crisis and a growing public sense of “Bregret”.

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  • 31, January 2023

    IMF lifts 2023 growth forecast with boost from China reopening

    WASHINGTON: Global growth is set to be higher than expected this year, the IMF said Monday, raising its forecast on surprisingly strong consumption and investment while China’s lifting of zero-Covid restrictions provides another boost.

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  • 30, January 2023

    Total projects awarded in Kuwait during 2022 reached $2.8 billion

    KUWAIT: GCC project awards contracted during 2022 as global economic challenges mounted. The decline of GCC contract awards was affected by high inflation and continuing supply chain problems mainly due to China’s intermittent COVID-19 restrictions which are now lifted.

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  • 30, January 2023

    Emirates announces ‘milestone’ sustainable aviation fuel flight

    DUBAI: Emirates said it successfully flew a Boeing 777 powered by sustainable aviation fuel on Monday, as the Middle East’s largest airline aims to halve its jet fuel consumption.

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  • 30, January 2023

    Kuwait’s money supply increased 0.5% in December

    KUWAIT: The Central Bank of Kuwait announced Monday an increase in broad money supply (M2) by about 0.5 percent during December. The broad supply monthly growth reached KD 38.4 billion (about $126.7 billion).

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  • 30, January 2023

    Lebanon signs oil and gas deals with QatarEnergy

    BEIRUT: Lebanon signed on Sunday two oil and natural gas exploration deals in its territorial waters in partnership with QatarEnergy, French TotalEnergies, and Italy’s Eni Energy Company.

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