Kuwait to recruit consultancy firm for economic revival.
The Kuwaiti government is set to recruit the service of a consultancy firm to help spur economy affected by the
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Business News
ADFD unveils $272.2mn loan package to support national companies impacted by COVID-19.
The Abu Dhabi Fund for Development (ADFD) has announced a $272.2m initiative to support national companies during the COVID-19 pandemic.
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Kuwait organisations in deal to build new industrial port.
The Kuwait Port Authority has joined hands with the Public Authority for Industry (PAI) for the design and construction of
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Airbus uses test aircraft to ferry medical supplies amid coronavirus outbreak.
European multinational aerospace corporation Airbus is expected to partially resume production and assembly work at its facilities in France and
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Chinese epicentre of Covid-19 reports no new cases after two-month ordeal.
The Chinese province at the centre of the coronavirus outbreak reported no new infections for the first time since the
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US airlines seek more than $50 billion in government assistance as coronavirus roils business.
U.S. airlines are seeking government assistance of more than $50 billion, including a mix of direct aid and loan guarantees,
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Investments in mega projects in GCC hit $1 trillion, says Strategy& ME report.
Gulf Cooperation Council (GCC) countries have planned almost $1 trillion of investment in megaprojects, as they look to transform economically
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Corona Virus slows China’s Asia projects.
From an artificial island in Sri Lanka to a bridge in Bangladesh and hydropower projects in Nepal and Indonesia, China’s
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Qatargas enters agreement to deliver 1mn tonnes of LNG to Kuwait.
Qatargas has entered into a new, long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Shell to deliver
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Trial production from Al-Khafji oil field to start soon.
Saudi Arabia and Kuwait have started preparation work to resume crude oil production from the Al-Khafji oil field jointly operated
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Kuwait’s KFH says AUB merger to create $101bn banking giant.
Kuwait Finance House has confirmed its intention to buy Bahrain’s Ahli United Bank following its ordinary and extraordinary general assembly
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Indonesia, UAE sign business deal worth about $23bn.
Indonesia signed 11 business deals with the United Arab Emirates worth a combined 314.9 trillion rupiah ($23 billion) covering investment
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KUWAIT’S FIRST HYBRID OUTLET MALL, LEISURE AND LIFESTYLE DESTINATION” Al Khiran “.
A KWD 250 million development designed to strengthen Kuwait’s position as a regional shopping, entertainment and conservative tourism destination, Al
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Fawad Chaudhry Invites Elon Musk to Set Up Tesla EV Car Plant in Pakistan.
Federal Minister for Science and Technology, Fawad Chaudhry, has invited Tesla’s owner Elon Musk to establish a factory of electric
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Kuwait inks 15-yr deal to import gas from Qatar.
State-owned Kuwait Petroleum Corp yesterday signed a long-term contract with Qatar Petroleum to purchase three million tons of liquefied natural
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