Alibaba Singles’ Day sales hit $10 bln in first hour.
Chinese e-commerce giant Alibaba Group Holding Ltd. settled roughly 69 billion yuan ($9.92 billion) in the first hour of its
Read more
Business News
Oman Oil Company and Kuwait Petroleum agree $4.6bn project financing for Duqm refinery.
Oman Oil Company and Kuwait Petroleum International, two leading regional energy groups, have announced the signing of a $4.61 billion
Read more
Pakistan, IMF to start bailout talks today.
Pakistan and the International Monetary Fund (IMF) are set to begin talks for a second bailout package in five years,
Read more
Facebook suspended more than 100 accounts the day before the US midterm elections.
Facebook announced on the eve of Election Day in the US that it had blocked several Facebook and Instagram accounts
Read more
KPC signs contract to supply crude oil to Chinese oil refinery.
Kuwait Petroleum Corporation (KPC) recently signed a contract for the supply of crude oil to a Chinese oil refinery, reports
Read more
IBM buys software company Red Hat for $34bn in bid for cloud dominance
IBM said Sunday it has reached a deal to buy open source software company Red Hat for $34 billion, among
Read more
Pakistan to sell three JF-17s to Nigeria for $184.3m.
Pakistan has successfully gained a contract for the sale of JF-17 thunder aircraft to Nigeria while talks are underway with
Read more
Dubai issues biggest single tender to develop Al Maktoum Int’l Airport.
Sheikh Ahmed Bin Saeed Al Maktoum, chairman of Dubai Aviation City Corporation and Dubai Aviation Sector Board, on Thursday announced
Read more
Kuwait keen on ‘executing’ economic deals with China
Kuwait government is keen on transforming recent economic agreements with China into reality, assigning relevant departments to implement them and
Read more
KIF 2018 sheds light on lucrative investment opportunities in Kuwait
Under the patronage and presence of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah in March this year, the
Read more
Kuwaiti Emir receives Saudi Crown Prince, discuss common Gulf action.
HH the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah held official talks with visiting Saudi Crown Prince, Deputy Premier and Defense
Read more
Saudi Crown Prince’s visit adds to strong, historic ties
Saudi Crown Prince, Deputy Prime Minister and Minister of Defense Prince Mohammad bin Salman Al-Saud arrives in Kuwait today on
Read more
$60 million in virtual currency hacked in Japan.
Cryptocurrency
Read more
Jet Airways flight returns to Mumbai with 30 ‘bleeding’ passengers.
At least 30 passengers on a Jet Airways Mumbai-Jaipur flight suffered ear and nose bleeding due to low cabin pressure
Read more
Pakistan PM Imran Khan to visit Saudi Arabia, UAE this week.
Prime Minister’s two-day trip to Riyadh begins exactly one month after he assumed office, which, according to Pakistan’s foreign office
Read more