Kuwait firm on keeping discount rate at 3% despite global changes
Kuwait took the decision to keep the discount rate unchanged to maintain the competitiveness of the national currency...
Tag : Kuwait
Ahli United Bank: Using technology for leadership
The bank is taking major steps toward fintech innovation...
Turkish Airlines, Kuwait Airways codeshare deal to boost travel options
Turkish Airlines has decided to temporarily replace its 12 grounded Boeing aircraft with 12 737-800s from AnadoluJet...
Kuwait Oil awards $597 mn offshore services contract to Halliburton
The six-month integrated offshore drilling services deal is expected to help produce 100,000 barrels of oil per day...
MSCI upgrade could bring in $2.8 bn to Kuwait’s equity market
IPO of the Kuwait stock exchange could happen by early 2020; two or three other IPOs are also expected in 12 months...
Kuwait to recover from last year’s economic decline
This year, Kuwait is swiftly rising because of an increased government spend and a predicted upsurge in oil output...
Zain launches the first integrated 5G network in Kuwait
Zain will continue developing and expanding the 5G network gradually across Kuwait until the devices are available, expected during the course of 2019...
Bahrain announces its newfound oil & gas reserve the largest in its region
The Kingdom of Bahrain procures 80% of its revenue from oil, and gets 150,000 bpd from the Abu Safa oilfield in part...
Kuwait mega project seeks major foreign investors
Kuwait's Northern Gulf Gateway project is now open for investments from US, Europe, China and Asia...
The UN and Kuwait’s meeting to possibly strengthen their bilateral relationship
The UN Secretary-General expressed his support for the country’s mediation efforts in the current Gulf crisis...