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Business

KPC: Kuwait crude oil up USD 1.29 to USD 93.35 pb

The Kuwaiti crude oil price climbed by USD 1.29 during Wednesday’s trading to hit USD 93.35 per barrel, compared with USD 92.06 pb the day before, Kuwait Petroleum Corporation (KPC) said Thursday.

Brent crude went up by 56 cents to USD 90.60 pb and …

Kuwait aid shipment launched to Sudan via Egyptian supply ship

Kuwait Red Crescent Society announced on Thursday shipping humanitarian aid consisting 190 tons of medical and food supplies provided by Kuwait to Sudanese people, via Egyptian Safaga Port.

In a statement to KUNA, KRCS Head of Mission Khaled Al-Zaid…

Commerce ministry hits anew at prices manipulators

The Ministry of Commerce and Industry declared on Thursday it shut down a central market in the district of Al-Farwaniya as a penalty for manipulating with prices of schooling accessories.

The ministry said in a statement the team of commercial supe…

France accuses Russia of threatening world food security

France on Thursday condemned Russian attacks aimed at demolishing Ukrainian ports and agricultural infrastructures to undermine efforts by “the international community” to transfer food to poor countries.

The foreign ministry in a statement condemne…

Free trade negotiations between GCC, Japan resume — Omani FM

Omani Foreign Minister and the chairperson of the current GCC session, Badr Albousaeedi declared on Thursday resumption of free trade negotiations between the GCC and Japan.

The minister made the declaration during an impromptu news conference, also…

Crude oil production in divided zone resumes

The Joint Al-Khafji Joint Operations declared on Thursday resumption of crude oil production in the divided zone between Kuwait and Saudi Arabia.

The operations administration said on its official account on X website that the output resumption bega…

Bahrain All Share Index marks 1,947.59 points

Bahrain All Share Index has closed at 1,947.59 points marking a decrease of 14.39 points below the previous closing.This decrease was due to the drop in the Financial Sector and Material Sector.Bahrain Islamic Index has closed at 741.44 points marking…

Saudi Minister, Singapore discuss economic cooperation

Saudi Minister of Finance Mohammed Aljadaan, met today in Singapore with Deputy Prime Minister and Minister of Finance of Singapore, Lawrence Wong.According to Saudi Press Agency (SPA), the two sides discussed economic cooperation between the two nati…