The agreements span a wide range of areas, with key MoUs covering healthcare, infrastructure, investment, social development, energy transition, and AI
The Kuwaiti government has also declared a public holiday from June 5 to 9, suspending work across all state bodies and public institutions
The Emir of Qatar has approved the cabinet’s decision regarding the official holiday schedule
The Kuwaiti government had also earlier announced the declaration of a public holiday in observance of the festival
The steps are part of a broader ministerial initiative to bring order to market dynamics and prevent price manipulation or supply disruptions
Workplaces of an “unconventional” nature may determine their holiday schedules at their own discretion
The merger is based on well-studied legal and professional foundations aimed at strengthening Kuwait’s oil sector companies under KPC
The railway will span 111 kilometres within Kuwait, from its southern border with Saudi Arabia in the Nuwaiseeb district to Al-Shadadiya in the north
March 30 is expected to be the first day of Eid al-Fitr 1446 AH in Qatar
The country aims to boost its oil output to 4 million bpd by 2035, having previously missed a goal of reaching that level by 2020
Isra Wal Miraj, also known as the Night Journey, is a significant event in Islamic tradition
The transfer of the shares will be completed upon obtaining the necessary approval from the regulatory authorities
The contracts aim to improve operational performance and extend the lifespan of the existing power and water distillation facilities
A sale of the stake would increase the investor base of the business that has been held by the Alshaya family since 1999
The increase in the European jet fuel market share comes as Kuwait increased its exports of fuel oil, diesel, and jet fuel to Europe by five times until May 2024
The shares were sold to the Endowment of Sheikh Sultan bin Mohammed bin Saqer Al Qasimi, the Sharjah Social Security Fund and Sharjah Islamic Bank
The power blackouts have been attributed to a gas supply disruption, which shut down key power stations and desalination plants
Agility subsidiary Menzies, the world’s largest aviation services provider by number of countries, reported $91m in Q2 EBITDA, marking a 27.6 per cent YoY rise
Currently available in Egypt and Kuwait, and soon to be launched in the UAE, EFG Hermes ONE grants users access to 35 global markets through OLT
The Kuwaiti adventurer talks about his experiences and his upcoming docu-series, providing insights into the global water crisis and human condition
The boards of two lenders have approved the proposal and the Central Bank of Kuwait was notified of their plans
Oil revenues dropped by 19.4 per cent to KWD21.5bn in FY 2023/24, based on an oil price of $86.36 a barrel, compared to KWD26.7bn a year earlier
Official temperatures in recent days have hovered above the 40°C mark, but the so-called ‘feels like’ temperature has reached 62°C
Jazeera Air has notified passengers of its operations being impacted in the ongoing global IT outage
The initial estimated area of the newly discovered oil well is around 96 square kilometres
There were no casualties and firefighters were working on containing the fire, officials said
The banking group said it was conducting studies on the potential expansion and that these were in line with its strategy envisioning potential investments in the region
Deliberations between the two lenders are reportedly ongoing but there is no certainty that they will result in a deal
Eid Al Adha, is one of the most significant events in the Islamic calendar, and is marked by special prayers, feasts, and acts of charity
Kuwaiti authorities said that the death toll may go up with many more seriously injured in the blaze