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KIA says no loans for new SMEs businessmen

KIA says no loans for new SMEs businessmen
Kuwait Investment Authority says no loans for new SMEs businessmen until further notice.

Kuwait imports from Indonesia at $220 mn in 2021

Kuwait imports from Indonesia at $220 mn in 2021
Kuwait imports from Indonesia at $220 million during 2021

Kuwait last in Gulf in logistics output 2023

Kuwait last in Gulf in logistics output 2023
Kuwait is ranked last in the Gulf, sixth in the Arab world in the 2023 Logistics Performance Index.

SPETCO continues to implement contract for KOC

SPETCO continues to implement contract for KOC
SPETCO continues to implement contract to install pumps for KOC; 7 years contract worth $172 million.

Al Kout Industrial projects co makes profits in 2022

Al Kout Industrial projects co makes profits in 2022
Al Kout Industrial Projects Company makes profits amounting to KD 9,967,511.

Technical defect stops export of Al-Zour products

Technical defect stops export of Al-Zour products
The export of Al-Zour refinery products has been disrupted due to technical defects.

Real estate prices continue to ‘decline’ at a slow pace

Real estate prices continue to ‘decline’ at a slow pace
Kuwait property prices continue to ‘decline’ at a slow pace. Data shows 6% decrease in Q1 of ’23.

Ramadan 2023 - Meat traders make brisk business

Ramadan 2023 - Meat traders make brisk business
Kuwait: Meat traders make brisk business taking advantage of fasting month.

Kuwait oil output to hit 4m bpd in 2035

Kuwait oil output to hit 4m bpd in 2035
CEO of KPC: Kuwait oil output to hit 4m bpd in ’35; Kuwaitization at 30%.

Malaysia Airlines & Kuwait Airways Sign Interline Deal

Malaysia Airlines & Kuwait Airways Sign Interline Deal
The agreement between Malaysia Airlines & Kuwait Airways will enhance the cooperation between the carriers.

Kuwaiti oil tankers company to issue 71 tenders

Kuwaiti oil tankers company to issue 71 tenders
The Kuwaiti Oil Tankers Company approves 71 tenders. This comprises of construction, maintenance and services.

Kuwait Flour Mills profit hits KD 52 mln

Kuwait Flour Mills profit hits KD 52 mln
Kuwait Flour Mills profit hits KD 52 mln in 2022, an increase of 19 percent.

Mina Abdullah, Ahmadi Refineries gets global ranking

Mina Abdullah, Ahmadi Refineries gets global ranking
KNPO: Advanced Global Ranking Awarded to Mina Abdullah and Ahmadi Refineries

Oxford Business Group teams up with KDIPA

Oxford Business Group teams up with KDIPA
Oxford Business Group teams up with Kuwait Direct Investment Promotion Authority.

Germany 7th biggest exporting country to Kuwait

Germany 7th biggest exporting country to Kuwait
Germany 7th biggest exporting country to Kuwait, says a top official in Kuwait Chamber of Commerce and Industry.

KFH valuated 16634 real estate properties in 2022

KFH valuated 16634 real estate properties in 2022
Kuwait Finance House valuated 16,634 real estate properties in 2022.

Delivery companies hire low cost Indians

Delivery companies hire low cost Indians
Kuwait: Delivery companies are keen on hiring Indians for the delivery sector

Four Seasons is Kuwait’s 1st Forbes 5-Star hotel & spa

Four Seasons is Kuwait’s 1st Forbes 5-Star hotel & spa
Four Seasons Hotel Kuwait at Burj Alshaya becomes Kuwait’s first and only Five-Star Forbes hotel & spa.

KOC plans to bring foreign expertise

KOC plans to bring foreign expertise
Kuwait Oil Company said it plans to bring in skilled technical workers from several countries.

Indians, Egyptians control half of Kuwait labor market

Indians, Egyptians control half of Kuwait labor market
Indians and Egyptians control half of Kuwait’s labor market, According to the Central Department of Statistics.

47,000 Filipinos will lose job opportunities in Kuwait

47,000 Filipinos will lose job opportunities in Kuwait
47,000 Filipino female workers will lose job opportunities in Kuwait, says Philippines government official.

Desert cafes are expected to improve tourism

Desert cafes are expected to improve tourism
Desert cafes seen as seasonal gift that can improve tourism. Diversity of projects a vital part of providing job opportunities for youths.

Shutting shisha after 12 midnight will harm 700 cafes

Shutting shisha after 12 midnight will harm 700 cafes
Shutting cafes and shisha after 12 midnight will harm 700 restaurants and cafés, according to Chairman of the Federation of Restaurants.

Al-Tijaria upgraded to the Premier market

Al-Tijaria upgraded to the Premier market
Commercial Real Estate Company upgraded to the ‘Premier Market’ in the Kuwait Stock Exchange.

Burgan Bank posts net income of KD 52.1 mn for FY 2022

Burgan Bank posts net income of KD 52.1 mn for FY 2022
Burgan Bank announces revenues of KD 232 million and Operating Profit of KD 125 million for FY 2022.
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