Search Results for: Kuwait
How the stock market in Middle East perform; The Saudi, Dubai, Qatar, Kuwait, Abu Dhabi markets
March 23rd, 2017
Saudi Arabia’s stock market outperformed the region in early trade on Thursday, recovering some of the previous session’s losses, while in Dubai builder Drake & Scull climbed after it agreed to sell a major asset. The Saudi stock index ...
What Kuwait forecast for oil prices
February 13th, 2017
Kuwait says oil prices to rise with higher level of output deal compliance Kuwaiti oil minister Essam Al Marzouq said on Monday current oil prices were good and are expected to rise with higher compliance to an output reduction ...
Gulf markets rise in early trade, Kuwait continues bull run
January 23rd, 2017
Gulf stock markets mostly rose in early trade on Monday with Kuwait continuing a bull run that has made it by far the region’s best-performing bourse this year. The Kuwaiti index, which rose 15.6 per cent between the end ...
New Kuwait government plans to increase water and electricity tariffs
December 19th, 2016
New Kuwait government plans to increase water and electricity tariffs Despite the messages from Government circles to the new lawmakers to close the old chapter and open a new one at the start of the new parliamentary term, it ...
Kuwait ranks among top ten Middle East cities to live in
December 5th, 2016
In a new survey by Bayt.com titled ‘Top Cities in the Middle East and North Africa’, Kuwait City ranked among in the Top 10 Cities to live in. In Kuwait City, 40 percent of the citizens were happy about ...
Kuwaiti official expects oil prices be between $50 and $60 over the next 10 to 15 months
October 20th, 2016
Kuwait’s finance minister and acting oil minister, Anas al-Saleh, said on Monday he was optimistic that an understanding on production “at least” would be reached between producers at an OPEC meeting in November. He said expectations that oil prices ...
Kuwait raises minimum wage for family visa to cut the number of foreign families in the country
October 13th, 2016
The interior ministry yesterday raised the minimum salary required for expatriates to be able to sponsor their wives and children from KD 250 to KD 450 in a move expected to cut the number of foreign families in the ...
Kuwait calls on Iran to join oil production freeze plan
May 16th, 2016
Kuwait has called on Iran to join an oil production freeze plan after major producers failed to agree on keeping output at current levels. The freeze scheme, spearheaded by Saudi Arabia, has coincided with Iran’s bid to redeem lost ...
Kuwait oil strike to support Brent, Dubai, reduce fuel exports -analysts
April 18th, 2016
Kuwait oil outage supports Brent, Dubai Fuel exports to fall as Kuwait cuts refinery output A workers’ strike in Kuwait that has cut its crude output by more than 60 percent could support oil price benchmarks Brent and Dubai, ...
Kuwait approves economic reforms including the introduction of a 10 per cent Corporate tax
March 15th, 2016
Kuwait approves 10 per cent corporate tax, other reforms as deficit widens Kuwait’s cabinet has approved economic reforms including the introduction of a 10 per cent tax on corporate profits to narrow a budget deficit caused by low oil ...
