Category Archives: Business & Finance

Forces in Korean peninsula should ‘allow diplomacy to work’ – US officer

WASHINGTON, Although North Korean military still poses a threat, US, South Korean, and allied forces on Korean Peninsula "should remain clear-eyed about the situation on the ground and allow diplomacy to work," said nominee to be next commander of

Forces in Korean peninsula should ‘allow diplomacy to work’ – US officer

WASHINGTON, Although North Korean military still poses a threat, US, South Korean, and allied forces on Korean Peninsula "should remain clear-eyed about the situation on the ground and allow diplomacy to work," said nominee to be next commander of

Mattis says US in Syria to defeat IS

WASHINGTON, US Secretary of Defense Jim Mattis said Monday that the fight continues in the Middle Euphrates River Valley to gain the last two percent of land once controlled by the so-called Islamic State (IS) in Iraq and Syria.Mattis

Israel kills Palestinian man, wounds 90 others in Gaza – spokesman

GAZA, A Palestinian man was killed and 90 others were wounded by Israeli army during their participation in a demonstration next to the sea in northern Gaza Strip, said Palestinian Health Ministry Monday.The man was shot dead by the

Technology is a key foundation of the vision (New Kuwait 2035) : CAIT

KUWAIT, Acting Director General of the Central Agency for Information Technology (CAIT) Qusai Al-Shatti affirmed Monday importance of the upcoming Kuwait Financial Technology Fair, due to October 23, for supporting innovational development."Technology...

OPEC basket oil price stable at USD 77.08 pb

VIENNA, The Price of OPEC's 15-crude basket went down five cents on Friday to settle at USD 77.08 per barrel (pb) when compared with USD 77.13 pb a day earlier (Thursday), the organization news bulletin said on Monday.The monthly

Oil producers agree to adhere to June’s agreement

ALGIERS, Member states of the Organization of Petroleum Countries (OPEC) and their non-OPEC partners agreed during a meeting in the Algerian capital on Sunday on fully adhering to the June accord on cutting crude oil output, Kuwaiti Oil Minister

Kuwait calls for long-term OPEC, non-OPEC deal for oil prices’ stability

ALGIERS, Kuwait called Sunday for a new mechanism between OPEC and non-OPEC countries aimed at reaching a long-term agreement contributing to oil prices' stability.Minister of Oil Bakheet Al-Rashidi said cooperation between OPEC and non-OPEC countries...

OPEC JMMC meeting kicks off in Algeria

ALGIERS, The Joint OPEC/Non-OPEC Ministerial Monitoring Committee (JMMC) meeting kicked off Sunday in the Algerian capital with participants' initial goal to maintain stability at oil markets for the interests of producing and consuming countries thro...

Kuwait’s involvement in 10 projects with the IAEA

VIENNA, A Kuwaiti official has unveiled her country's involvement in 10 projects with the International Atomic Energy Agency (IAEA) for the years 2018-2019.The Director General of the Kuwait Institute for Scientific Research (KISR) Dr. Samira A. S. Om...