Industry & Trade

Industry & Trade

Oil prices dropping to 15-month lows

New York Fed President William Dudley reinforced expectations of another interest rate hike this year stating that inflation should rebound alongside wages as the labor market continues to improve. Dallas…

 
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Industry & Trade

GCC Commerce Mins. eye closer ties

The Minister if commerce and industry in the Gulf Cooperation Council met on Tuesday to examine strategies to deepen cooperation on both regional and international levels. The Kuwait Ministry of…

 
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Industry & Trade

USD 309 min for road projects in South Surra

The estimated costs of a project for constructing and maintaining roads and overpasses in South Surra neighbourhood of Kuwait City have been set at KD 94 million, the Minister of…

 
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Industry & Trade

Kuwait Airways appoints Ebrahim Al-Khuzam new CEO

Kuwait Airways, the official national carrier of the State of Kuwait, has confirmed that Ebrahim Abdullah Al-Khuzam has been appointed as the airline’s new Chief Executive Officer. As one of…

 
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Industry & Trade

Kuwait oil price up 65 cents, standings at USD 46.11pb

Kuwait: The price of the Kuwaiti oil was up 56 cents and stood at USD 46.11 per barrel in trading yesterday as oppose to USD 45.55 pb last Friday. Kuwait…

 
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Industry & Trade

Silk Road reflects “Kuwait’s 2030” vision for global trade future

Kuwait : The initiative of the Silk Road Economic, Belt and the 21st Century Maritime Silk Road is a long term opportunity to achieve economic posterity in the world’s countries,…

 
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Industry & Trade

KISR working with IAEA to improve nuclear security

Kuwait Institute for Scientific Research (KISR) maintains close coordination with the International Atomic Energy Agency (IAEA) to ensure nuclear safety and security in Kuwait and the other member states of…

 
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Industry & Trade

Aramex trading suspended in Dubai before board meeting

Aramex shares have been suspended from trading today on Dubai Financial Market as the company is set to hold its board meeting. A notification on the Dubai bourse said: Suspend…

 
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Industry & Trade

Arabian Travel Market: Diversification drives tourism investment

The centre of the Gulf’s tourism industry is shifting. Geographically, attention is moving from Dubai to Saudi Arabia, where hoteliers are lining up to sign deals and entertainment producers are…

 
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Industry & Trade

Private firms face succession, governance challenges

In the highly competitive modern-day business environment, family-run enterprises in Gulf Cooperation Council (GCC) states face several challenges, including succession issues and adhering to corporate governance standards that will continue…

 
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