The board of directors proposed a cash dividend of 25 fils per share for H2 2022, following a semi-annual dividend of 10 fils earlier last year
The company plans to build additional sites in other rapidly growing data centre markets including Nairobi, Casablanca and Lagos
Sheikh Ahmed was first appointed as Prime Minister in July 2022
Non-oil foreign trade between the UAE and Kuwait reached Dhs43bn by the end of 2022
Officials at the meeting held in Abu Dhabi discussed ways to enhance existing cooperation between the two countries in police and security fields
Its operating profit for the 2022 financial year came in at $73.8m, increasing 22 per cent
The lender’s board of directors proposed a cash dividend of 25 fils per share for the second half of 2022, bringing total cash dividends for the year to 35 fils
The rise in GDP growth in 2022 is supported by increased oil production, high oil prices, and sustained improvement in domestic demand
The OPEC member exports about 2 million barrels a day of crude, most of it to Asian countries such as China, South Korea, Japan and India
The first cargo is currently being shipped aboard the Pacific Sarah tanker
The new service will commence on December 3, and service demand for religious and cultural tourism
The OPEC member recorded the highest non-oil revenue in seven years, up 38.5 per cent to KD2.4bn
Kuwaiti foreign minister Sheikh Salem Abdullah Al-Jaber Al-Sabah said that the country executed many projects to preserve the environment and reduce emissions
Comprising three mini refineries, Al-Zour is the biggest of several oil-processing facilities being added across the Middle East
Air Arabia Abu Dhabi now operates 28 direct routes from the capital
The new route will strengthen connectivity within the GCC
Net profit increased 46.9 per cent year-on-year from $819.9m recorded during the same period last year
The premier has been assigned to nominate members of the new cabinet
The first flight to the Malaysian capital took off on October 2
The investment was part of Agility’s strategy to expand across digital logistics and e-commerce in high-growth markets
Deliberations about a potential listing are in the early stages and no final decisions have been made
The airline would offer packages – that would include flights and tickets to the matches – starting from KD200
Founder and CEO of VI Markets, Talal Al Ajmi tells us how investing in technology has been key to his company’s growth
He was appointed for a three-year term at the special meeting of the OPEC Conference held on January 3
The prime minister is appointed by the ruling family and governments
The potential combination would create the Gulf’s seventh-largest lender with $115bn in assets
The deal would add at least £1.6bn a year to the UK economy and support new jobs across key industries
All state entities and ministries will be on holiday from Sunday, July 10 until Thursday, July 14
Kuwait Investment Authority’s Enertech Holding Co. and Pakistan Kuwait Investment Company have applied for a digital bank license and proposed a hydrogen plant and two smart cities
The IMF said it expects the bonanza “to improve fiscal and external balances” in a region that includes 13 exporters in total