Kuwait oil price falls to $46.56 pb

KUWAIT: Kuwait oil price dropped $1.06 to $46.56 per barrel in Monday’s trades from $47.62 pb on Friday, according to Kuwait Petroleum Corporation (KPC)....

Boubyan reports net profit of KD 25 million for 9 months – Net profit...

KUWAIT: Boubyan Bank witnessed an increase in its net profit by 24 percent during the first nine months of the current year, amounting to...

Poverty expert Angus Deaton wins Nobel Economics Prize

STOCKHOLM: US-British economist Angus Deaton won the Nobel Economics Prize yesterday for ground-breaking work using household surveys to show how consumers, particularly the poor,...

Dell to buy EMC in record $67bn deal – Record tech tie-up to speed...

NEW YORK: Dell said yesterday it was buying EMC, the world’s largest data-storage provider, for $67 billion in a record tech tie-up to accelerate...

Oil glut, equity market concerns weigh on oil – NBK ECONOMIC REPORT

KUWAIT: The volatility that characterized oil markets in late August gave way to a more settled period in September, with benchmark crudes, Brent and...

GlassPoint’s Miraah project a great opportunity for Kuwait: Official

KUWAIT: GlassPoint Solar is participating in the 2nd Kuwait Oil and Gas Show (KOGS) taking place from October 11-14 at Kuwait International Fairgrounds in...

Solar-powered oil production can strengthen energy security – GlassPoint showcases solar enhanced oil recovery...

KUWAIT: GlassPoint Solar, the global leader in solar enhanced oil recovery (EOR), is showcasing its innovative solar steam technology at the Society of Petroleum...

Wadhawan wins Business Leadership Award

KUWAIT: S Kumar Wadhawan, Chairman of Samara Group, won Business Leadership Excellence Award at the World Leadership Congress (WLC) which was concluded on October...

Burgan Bank’s Airport working hours during Hijri New Year holiday

KUWAIT: Burgan Bank announced yesterday that its airport branch will resume normal working hours during the upcoming Hijri New Year Holiday from 8:00 am...

Jazeera Airways’ shareholders OK voluntary reduction of capital – Total payouts in 2015 reach...

KUWAIT: In an Extraordinary General Meeting of shareholders held yesterday, Jazeera Airways shareholders approved a board recommendation to reduce the company's capital from KD42...

Philippine firms on billion dollar shopping spree – ‘Filipino companies are moving into global...

MANILA: Philippine firms are on an unprecedented global shopping spree, spending billions on everything from vineyards to food manufacturers and casinos, reflecting the nation's...

Petrochemicals boost Saudi, markets sluggish – Vodafone Qatar leaps in very active trade

DUBAI: Saudi Arabia's main share market index rose yesterday as investors continued to buy beaten-down petrochemical shares on hopes that oil prices may have...

E Paper

13th May