Industry & Trade

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

Al-Mabani has 30 percent of Kuwait’s realty capital

Al-Mabani General Contractors Company Chairman Mohammad Al-Shaye said on Wednesday that its market value constitutes 32 percent of the capital in the national realty sector, estimated at KD 2.4 billion…

 
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Industry & Trade

Kuwaiti singer Emma makes a big buzz on ‘Al-Saif’ talk show

Kuwaiti singer Emma made a big buzz when she appeared as a guest on the talk show entitled, ‘Al-Saif’, with presenter Faisal Al-Ajmi, reports local daily. Emma uttered fiery statements…

 
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Industry & Trade

Kuwait Health Ministry to add 79 ambulances to fleet

Kuwait Health Minister Dr. Jamal Al-Harbi announced Saturday that 79 new ambulances would join the Emergency Medical Services’ (EMS) fleet in near future, increasing number of ambulances to 298. And…

 
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Industry & Trade

KD 50 fuel allowance to cost government more

A draft law stipulates imposing tax on certain goods including 100 percent tax on energy drinks and tobacco, in addition to 50 percent tax on fizzy drinks, reports Al-Anba daily…

 
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Industry & Trade

Dubai sees big surge in tourists in early 2017

Tourists arriving in Dubai surged by 12 percent in the first two months of 2017, nearly four times the growth seen in the same period last year, it was announced…

 
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Industry & Trade

Kuwait is best off, Nigeria worst in 2017 oil break-even prices

Kuwait’s in the best position of major oil exporting nations in the Middle East, Africa and parts of Europe to have a balanced government budget this year with oil forecast…

 
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Industry & Trade

State to increase borrowing from global markets

Kuwait will increase its borrowing on international markets to plug a budget deficit resulting from low oil prices, the finance minister said yesterday. The move comes after the state raised…

 
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Industry & Trade

Kuwait set to sign deal for Oman oil refinery

Kuwait will sign a partnership agreement with Oman for the Duqm oil refinery in the Gulf Arab Sultanate on April 10, Kuwait’s oil minister said on Thursday. The 230,000 barrel…

 
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Industry & Trade

Kuwait’s tourism industry to be worth $1 billion by 2027

Kuwait has said it will spend $1bn promoting tourism over the next seven years as it aims to increase visitor numbers to 440,000 a year by 2024. A Supreme Commission…

 
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