Adnoc to raise $5 bn from pipeline sale
Adnoc expects infrastructure funds and private equity firms to show interest...
Tag : Kuwait
Kuwait to sell 44% stake in Al Zour and Khiran power projects
The country plans to sell at least 26 percent stakes by 2020 and early 2021...
Jazeera to fly single-aisle flights from London to Thailand
The Kuwait-based carrier will acquire seven Airbus SE’s A321neo LR aircraft by the end of 2020...
Independent board members: Global norms for Kuwait banks
The Central Bank of Kuwait’s decision to appoint board independent members is based on international principles...
Kuwait’s Agility to develop $200 mn warehouse parks in Africa
The company plans to develop three warehouse parks in Abidjan in Ivory Coast, Maputo in Mozambique and Lagos in Nigeria...
Kuwait’s First Dubai settles Dh189.5 mn debt to GCC bank
The settlement was funded through First Dubai and its parent company Al Mazaya Holding’s current account...
Kuwait’s PIC, South Korean firm to set up $1.2 bn JV
PIC will hold a 49% stake worth $476.2 mn in the new company whereas South Korea’s SKC will hold 51%...
Iraq, Kuwait sign agreement for joint technical oil field study
The contract will study options to develop and exploit the oil fields on the border between Iraq and Kuwait...
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...
Ahli United Bank: Using technology for leadership
The bank is taking major steps toward fintech innovation...