Category Archives: Business & Finance

Abu Dhabi Crown Prince tackles joint cooperation with US Nat’l Sec. Adv.

ABU DHABI, Abu Dhabi Crown Prince and Deputy Supreme Commander of UAE Armed Forces Sheikh Mohammad bin Zayid Al-Nahayan discussed on Monday wi…

Response efforts readied nationwide ahead of Wednesday downpour

KUWAIT, Response mechanisms have been placed across the country ahead of another anticipated spell of heavy rains on Wednesday, a government …

Kuwait University announces resumption of study Monday

KUWAIT, The study at Kuwait University will be resumed Monday, the University Spokesman Dr. Muthanna Al-Rifai said.

In a statement Sunday, Al…

Kuwait Road Authority: Mangaf tunnel heading to Kuwait City open

KUWAIT, Chairman of the Board of Directors of Kuwait’s General Authority for Road and Land Transport Eng. Saud Al-Naqi announced Sunda…

Kuwait electricity minister declared emergency state

KUWAIT, Minister of Oil and Minister of Electricity and Water Mr. Bakheet Al-Rashidi held a meeting on Saturday for top ministry officials, an…

Kuwaiti oil price down USD 2.01 stands at USD 68.60 pb

KUWAIT, The price of Kuwait’s crude oil went down USD 2.01 on Friday to stand at USD 68.60 per barrel (pb) compared to USD 70.61 pb last Thur…

Kuwaiti oil price down USD 2.01 stands at USD 68.60 pb

KUWAIT, The price of Kuwait’s crude oil went down USD 2.01 on Friday to stand at USD 68.60 per barrel (pb) compared to USD 70.61 pb last Thur…

US appoints special envoy for Great Lakes Region of Africa

WASHINGTON, US Secretary of State Mike Pompeo announced Friday the appointment of Dr. J. Peter Pham to serve as the US Special Envoy for the Grea…

Oil sector declares emergency due to unstable weather — officials

By Osama Jalal KUWAIT, A state of emergency was announced at the Kuwait Petroleum Corporation (KPC) and its subsidiaries on Friday due to the cu…

China’s crude imports hit record high of 9.65 mbpd

TOKYO, China’s crude oil imports surged 31.5 percent in October from a year earlier to 40.80 million tons, or 9.651 million barrels a day …