#Kuwait
The country aims to boost its oil output to 4 million bpd by 2035, having previously missed a goal of reaching that level by 2020
Isra Wal Miraj, also known as the Night Journey, is a significant event in Islamic tradition
The transfer of the shares will be completed upon obtaining the necessary approval from the regulatory authorities
The contracts aim to improve operational performance and extend the lifespan of the existing power and water distillation facilities
The Gulf states agreed in 2020 to a 15-year deal for the supply of 3 mtpa of LNG from 2022, which will overlap with the new deal
The power blackouts have been attributed to a gas supply disruption, which shut down key power stations and desalination plants
The Kuwaiti adventurer talks about his experiences and his upcoming docu-series, providing insights into the global water crisis and human condition
Oil revenues dropped by 19.4 per cent to KWD21.5bn in FY 2023/24, based on an oil price of $86.36 a barrel, compared to KWD26.7bn a year earlier
Official temperatures in recent days have hovered above the 40°C mark, but the so-called ‘feels like’ temperature has reached 62°C
The initial estimated area of the newly discovered oil well is around 96 square kilometres
There were no casualties and firefighters were working on containing the fire, officials said
The banking group said it was conducting studies on the potential expansion and that these were in line with its strategy envisioning potential investments in the region
Eid Al Adha, is one of the most significant events in the Islamic calendar, and is marked by special prayers, feasts, and acts of charity
Kuwaiti authorities said that the death toll may go up with many more seriously injured in the blaze
The loan agreement between Kuwait and Bahrain is financing the development of a 400 kilovolt transmission line
As a member of OPEC, Kuwait aims to boost its production capacity to 4 million bpd by 2035
The investor meetings for the debt sale will take place beginning from May 28 and will be followed by a US dollar denominated senior unsecured Green Notes
The company priced its IPO at the top of the range, selling its shares at 500 fils apiece to raise KWD45m
The holding firm has hired National Investments Company and EFG-Hermes UAE as joint bookrunners and global coordinators on the deal
The visit underscored the importance of diplomatic ties between Turkey and Kuwait and laid the groundwork for enhanced cooperation in various fields
Kuwait’s emir tasked the new prime minister to form a government
This development follows the approval from Saudi Arabia’s cabinet last year on the agreement with Kuwait regarding the railroad project
Those employed in the public sector will be off for Eid Al Fitr from Tuesday, April 9 to Thursday, April 11
Q8 supplies aviation fuel to more than 70 international airports and holds stakes in three refineries in Italy, Vietnam and Oman
GDP growth for Saudi Arabia in 2024 is expected to top 2.1 per cent, while growth in the UAE is set to reach 4.4 per cent
The agreements seek to eliminate double taxation, additional taxes, indirect taxes, and tax evasion while addressing cross-border trade challenges
The projected deficit for the next fiscal year is 13.5 per cent lower than that forecast in the current year
The 5.5G technology from Zain Kuwait, which is also referred to as 5G-Advanced, is regarded as one of the final milestones before 6G
Online food delivery service, Deliveroo, has expanded its reach into the southernmost areas of Kuwait
Countries in the GCC are ranking among the highest in the world when it comes to the state of their digital connectivity in 2023