Modest oil price recovery to boost GCC growth, says IMF
Modest recovery in oil prices is unlikely to improve growth prospects for Middle East oil exporting economies, with projected average
Read moreModest recovery in oil prices is unlikely to improve growth prospects for Middle East oil exporting economies, with projected average
Read moreKuwait Projects Co (KIPCO), the Gulf state’s largest investment company, said on Sunday construction had begun on its $2-$2.5 billion
Read moreKuwait’s government is showing a willingness to push forward fiscal reforms including subsidy cuts needed to support its currency in
Read moreKuwait’s sovereign wealth fund, one of the world’s largest, is considering selling assets to cover a state budget deficit caused
Read moreKuwait expects to raise between KD800 million and KD1 billion ($2.6-3.3 billion) every year when a new corporation tax is
Read moreKuwait’s budget deficit in the first five months of its fiscal year stood at 1.094 billion dinars ($3.62 billion) after
Read moreThe United Arab Emirates executed a UAE woman convicted of terrorism early on Monday after the militant-inspired killing of an
Read moreSaudi Arabia summoned Iran’s ambassador on Tuesday after four Saudis died from poisoning in the northeast Iranian city of Mashhad,
Read moreEgypt’s Jawad Nabulsi has been named the world’s most influential young Arab, according to a new ranking published by Arabian
Read moreKuwait’s oil minister said on Wednesday the Organisation of the Petroleum Exporting Countries (OPEC) member will have to accept any
Read moreWorld oil giant Royal Dutch Shell said on Monday it had agreed to sell stakes in a gas project in
Read moreIt’s a well-established maxim that within typical property and construction cycles, it is the developers who feel the pain of
Read moreKuwait Finance House (KFH) has announced the sale of 16 real estate assets for KD84m ($298m) as it reorganises its
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