#Kuwait
The competition remains stiff in the coming years, especially for emerging brands
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
First available in Kuwait, the multi-currency accounts will soon roll-out in phases to customers across the GCC
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
Abraj will construct three drilling platforms in the Wafra oilfield in the southern part of Kuwait as part of the deal
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
The strategic alliance will support digitising government services, migrate national data securely to the cloud and set up a national digital skills programme
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 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
Almosafer’s consumer business will run a 360 marketing campaign throughout 2023 to promote Oman to its customer base in Saudi Arabia, Kuwait and the UAE
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
The new route will strengthen connectivity within the GCC
Popular UK-based food and coffee chain opens at Al Hamra Tower, in partnership with Kuwait-based franchise group One PM
The premier has been assigned to nominate members of the new cabinet
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 Middle East’s budget carriers are cashing in on the growing trend for affordable luxury and increasing demand
Founder and CEO of VI Markets, Talal Al Ajmi tells us how investing in technology has been key to his company’s growth
Agility reported H1 2022 earnings of 11.41 fils per share on a net profit of KD28.8m while revenue increased 22.9 per cent to KD270.5m
The combined company will operate as Menzies Aviation and will be the world’s largest aviation services company by number of countries and second largest by number of airports served
He was appointed for a three-year term at the special meeting of the OPEC Conference held on January 3
The region’s largest sovereign wealth funds have been involved in at least $28.6bn worth of acquisitions outside the Middle East and Africa this year
The telecom company’s total revenue reached KD153.8m in the first half of 2022, with a growth rate of 10.3 per cent compared to KD139.4m in 2021
The prime minister is appointed by the ruling family and governments
Fares will start from Dhs99 for Kuwait and Dhs319 for Maldives from October