Kuwait’s finance minister discussed means to boost bilateral relations in the investment and economic spectrums with his newly-appointed Iraqi counterpart on Saturday.Kuwaiti minister Barrak Al-Sheetan and Iraq’s Deputy Prime Minister, Finance Minister and Acting Oil Minister Ali Allawi discussed jointly significant issues in light of regional and global developments, including the impacts of the COVID-19 […]
Market
Kuwait Crude price down to USD 26.47 pb
Kuwait Crude oil price went down by USD 1.69 to USD 26.47 pb. on Friday from USD 28.16 the day before, Kuwait Petroleum Corporation (KPC) said in its daily report on Saturday.Meanwhile, the prices of Brent Crude futures lost 93 cents or 2.6 percent to settle at USD 35.13 pb.The West Texas Intermediate (WTI), the […]
Kuwait stocks close up Thur.
Kuwaiti stocks closed up on Thursday as the All Share Market Index ended up by 18.53 points to 4913,70 points, a hike of 0.38 percent.As many as 82.20 million shares valued at KD 12.22 million (USD 55.14 million) changed hands in 4,605 transactions.The Main Market Index shot up by 17.7 points to 4161,69, a rise […]
Customs’ automated links with gov’t entities quickens goods’ clearance
– Kuwait’s General Administration of Customs’ automated link with government departments contributed to faster clearance of imported goods thus improved the service, an official said Wednesday.Talal Al-Eidan, the Administration’s coordinator of crossings and head of custom automated and security systems, said the Administration of Customs started reaping fruits of the automated link with more than […]
Kuwait oil price up to USD 21.54 pb
The price of Kuwaiti oil went up 29 cents to USD 21.54 pb Tuesday as opposed to USD 21.25 pb the day before, said Kuwait Petroleum Corporation (KPC) Wednesday.Meanwhile, contracts of the West Texas Intermediate for June went up USD 1.64 to USD 25.,78 pb, the same case with the Brent crude, going up 35 […]
Kuwait oil price up 62 cents to USD 21.25 pb
The price of Kuwaiti oil went up by 62 cents to USD 21.25 per barrel in Monday’s trading after it was at USD 20.63 in Friday’s trading, said the Kuwait Petroleum Corporation (KPC) on Tuesday. The price of the Brent crude went down by USD 1.37 to USD 29.60 per barrel, the same case […]