Crude gets boost as new Saudi minister commits to output cuts

Riyadh flags plan to enrich uranium - Saudi reforms start to yield results: IMF ABU DHABI: (From...

BA cancels flights in historic strike

British Airways first-ever pilots' strike sparks travel chaos LONDON: British Airways (BA) yesterday cancelled almost all flights departing and...

India car sales record worst-ever fall

MUMBAI: Passenger car sales in India plunged by 41 percent in their worst monthly fall on record, data showed yesterday, as the...

CMA to launch public offering of its 50% stake in Boursa Kuwait

Subscription period starts on Oct 1, ends on Dec 1, 2019 KUWAIT: Kuwait's Capital Markets Authority (CMA), the...

Boursa Kuwait All-Share Index drops 2.8% in Aug: NBK Capital

GCC markets under pressure over trade tensions, recession fears KUWAIT, September: GCC markets ended the month of August in...

GCC banking sector’s total assets grow on higher interest income

Conventional banks grow at 2.3% rate, Islamic banks increase balance-sheet by 1.3% KUWAIT: The GCC banking sector recorded one...

Kuwait awards $358m contracts for developing Al-Mutlaa Residential City

Global equity markets subdued in August KUWAIT: Kuwait has awarded $358 million worth of contracts for the development of...

CSCEC supports ‘Kuwait Vision 2035’

Top Chinese construction company seeks to bolster partnership in Kuwait KUWAIT: Heading toward modernization of Kuwait in line with...

Recession risks for Germany rises in Q3

Industrial giant Thyssenkrupp relinquishes blue-chip status BERLIN: Weaker demand from abroad drove a bigger-than-expected drop in German industrial orders...

Dubai house prices will decline sharply in 2019, 2020: Experts

Economic slowdown and oversupply pose big risks to outlook BENGALURU: Dubai house prices will decline sharply this year and...

Zain announces expanded cloud offerings with Oracle FastConnect

Innovative platform connects customers and different cloud service providers KUWAIT: Zain Group, the leading mobile telecom innovator in eight...

India auto sector sheds 350,000 jobs in 2019

MANESAR, India: The narrow lanes in Aliyar and Kasan villages in Manesar, an automotive manufacturing hub on New Delhi's southern outskirts, would...

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