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Finance

Kuwait’s Dec. trade surplus with Japan up 27.7 pct

January 19, 2023 - by kgadmin

Kuwait’s trade surplus with Japan jumped 27.7 percent from a year earlier to JPY 84.8 billion (USD 663 million) in December, up for the 21st consecutive month, as exports continued to outpace imports, government data showed Thursday.Kuwait stayed in b…

Kuwait’s Dec. trade surplus with Japan up 27.7 pct Read More
Finance

USD stabilizes at KD 0.305, Euro at 0.329 – CBK

January 19, 2023 - by kgadmin

The US dollar stabilized on Thursday at KD 0.305, as well as the Euro at KD 0.329, compared to Wednesday’s rates.The Central Bank of Kuwait (CBK) said in its daily bulletin that the British sterling pound went up by 0.35 percent to reach KD 0.376, as …

USD stabilizes at KD 0.305, Euro at 0.329 – CBK Read More
Finance

Kuwait oil price up to USD 84.72 pb – KPC

January 18, 2023 - by kgadmin

KUWAIT, Kuwaiti oil price rose by 79 cents to USD 84.72 in Tuesday’s trading sessions, compared to USD 83.93 pb Monday, Kuwait Petroleum Corporation (KPC) said Wednesday.Brent crude oil futures increased by 2.53 percent to USD 86.06 pb and West Texas I…

Kuwait oil price up to USD 84.72 pb – KPC Read More
Finance

Kuwait oil price up to USD 84.72 pb – KPC

January 18, 2023 - by kgadmin

KUWAIT, Kuwaiti oil price rose by 79 cents to USD 84.72 in Tuesday’s trading sessions, compared to USD 83.93 pb Monday, Kuwait Petroleum Corporation (KPC) said Wednesday.Brent crude oil futures increased by 2.53 percent to USD 86.06 pb and West Texas I…

Kuwait oil price up to USD 84.72 pb – KPC Read More
Finance

Kuwait oil price up to USD 83.93 pb – KPC

January 17, 2023 - by kgadmin

KUWAIT, Kuwaiti oil price rose by 76 cents to USD 83.93 pb in Monday’s trading sessions, compared to USD 83.17 pb Friday, Kuwait Petroleum Corporation (KPC) said Tuesday.Brent crude oil futures fell by USD 1.08 to USD 84.20 pb and the West Texas Interm…

Kuwait oil price up to USD 83.93 pb – KPC Read More
Finance

US reaffirm commitment to safety, security of UAE

January 17, 2023 - by kgadmin

WASHINGTON, US President Joe Biden renewed his country’s commitment Tuesday to support the United Arab Emirates, marking the first anniversary of a terrorist attack carried out from Yemen on the Gulf Arab country.”We remember the lives that were so tra…

US reaffirm commitment to safety, security of UAE Read More
Finance

OPEC crude basket price fell to USD 79.68 last Dec. – report

January 17, 2023 - by kgadmin

VIENNA, The price of OPEC crude basket fell to USD 79.68 a barrel last December, a decrease of USD 10.05, equivalent to 11.2 percent, said OPEC on Tuesday.In its monthly report, OPEC stated that the Brent crude price decreased in December 2022 by USD 9…

OPEC crude basket price fell to USD 79.68 last Dec. – report Read More
Finance

Kuwait oil price up to USD 83.93 pb – KPC

January 17, 2023 - by kgadmin

KUWAIT, Kuwaiti oil price rose by 76 cents to USD 83.93 pb in Monday’s trading sessions, compared to USD 83.17 pb Friday, Kuwait Petroleum Corporation (KPC) said Tuesday.Brent crude oil futures fell by USD 1.08 to USD 84.20 pb and the West Texas Interm…

Kuwait oil price up to USD 83.93 pb – KPC Read More
Finance

USD stabilizes at KD 0.305, Euro moves up to 0.331 – CBK

January 16, 2023 - by kgadmin

– The US dollar stabilized on Monday at KD 0.305, while the Euro went up by 0.26 percent to reach KD 0.331, compared to Sunday’s rates.The Central Bank of Kuwait (CBK) said in its daily bulletin that the British sterling pound went up by 0.27 percent t…

USD stabilizes at KD 0.305, Euro moves up to 0.331 – CBK Read More
Finance

Kuwait’s IPG: KD 7.6 mln net profit in 2022

January 12, 2023 - by kgadmin

The Independent Petroleum Group (IPG) announced Thursday that it achieved net profits worth KD 7.6 million (some USD 23 million) in the fiscal year ending on December 31, 2022.The company said in a statement, posted on Boursa Kuwait, that the earning p…

Kuwait’s IPG: KD 7.6 mln net profit in 2022 Read More
Finance

Kuwait’s IPG: KD 7.6 mln net profit in 2022

January 12, 2023 - by kgadmin

The Independent Petroleum Group (IPG) announced Thursday that it achieved net profits worth KD 7.6 million (some USD 23 million) in the fiscal year ending on December 31, 2022.The company said in a statement, posted on Boursa Kuwait, that the earning p…

Kuwait’s IPG: KD 7.6 mln net profit in 2022 Read More
Finance

Google Cloud’s cloud region in Kuwait to promote digital infrastructure – Min.

January 10, 2023 - by kgadmin

Kuwaiti Minister of Commerce and Industry Mazen Al-Nahedh said Tuesday Google Cloud’s plan to set up a local office in Kuwait and invest in opening a state-of-the-art cloud region in the country would promote its digital infrastructure.It would also h…

Google Cloud’s cloud region in Kuwait to promote digital infrastructure – Min. Read More

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