Its original debt deal was signed in 2011 and covered around KD1 billion.
The Gulf state plans to deploy 120 oil and gas rigs by the start of next year, up from 80 rigs now.
The price of Brent crude has increased by more than 30 per cent in the last four weeks.
Omair said the current market surplus was less than 1.8 million barrels per day.
Prime Minister Ibrahim Mahlab signed MoUs with Kuwaiti companies involving projects due to start in three to five years.
Kuwait’s Alghanim has acquired all operational outlets of Wendy’s in the UAE with plans to open additional stores in the MENA region over the next 10 years.
Kuwait briefly halted all its oil exports on Thursday due to a dust storm and bad weather.
The suspension will remain until further notice when the weather conditions improve, a spokesman said.
That marks the lowest term price for Kuwait Petroleum Corp since its December 2008 to November 2009 contract.
Talabat operates in ME countries including Kuwait, Saudi and the UAE, cooperating with restaurants such as Burger King, KFC and Pizza Hut.
KFH said it would take all legal measures available against Investment Dar to try to collect the debt it was owed.
KFH’s net profit for the three months to the end of December was KD36.4 million ($123.2 million).
In November, the project’s tender committee said a consortium of Kharafi National and Turkey’s Limak Holding had submitted the lowest bid for the contract.
A local daily reported that the securities regulator had decided to refer central bank governor Mohammad al-Hashel to prosecutors on suspicion of violating investment rules.
The former monopoly, which operates in eight countries in the MEA, made a net profit of KD33 million in the three months to Dec. 31.
State news agency KUNA estimated that diesel price reform would save the government around $1 billion a year.
A source familiar with the matter said that Citigroup had been hired to look into options for Zain’s towers.
Net profit for the three months to the end of December was 8.97 million dinars ($30.4 million), compared to 8.1 million dinars in the year-earlier period.
The draft budget for the year starting in April envisages spending of KD19.07 billion, down by 17.8 per cent.
Unnamed claimants filed a lawsuit against Zain over its 2007 acquisition of an Iraqi telecom operator.
The crackdown will be the largest operation ever, conducted by the authorities in Kuwait, an official said.
Ali al-Omair also said the Kuwait’s budget for the next fiscal year was expected to be based on an average oil price of $40 to $45.
Oil minister Ali al-Omair said that Kuwait would nevertheless continue developing its production and refining capacity.
Al-Watan was one of two newspapers suspended by a judge for two weeks last year.
Net profit for 2014 was KD261.8 million, up around 10 per cent from 2013.
Falling oil prices will slash Kuwait’s public revenues by 60 per cent, the country’s finance minister told the parliament.
There were no casualties and limited damage was caused, state news agency KUNA said.
The carrier will sell aircraft from Sahaab Aircraft Leasing to a joint venture between South Africa’s Investec Bank and Hong Kong-based Chow Tai Fook Enterprises.
Wednesday’s 4.5 per cent surge in Brent crude futures was the biggest percentage gain since June 2012.
Americana, backed by Kuwait’s billionaire al-Kharafi family, operates franchises for restaurant chains around the region.