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Kuwait Petroleum Corporation (KPC) said on July 25 that its subsidiary Kuwait Oil Company (KOC) has signed a $16bn lease-and-leaseback agreement ......
Kuwait Oil will enter joint venture with the three global giants in a lease-and-leaseback structure for a 20.5-year period that includes a volume-based tariff....
BlackRock Inc.'s Global Infrastructure Partners and Brookfield Asset Management Ltd. are among private equity firms shortlisted to buy a stake in a Kuwaiti pipeline network, indicating sustained interest for marquee Gulf assets despite a monthslong war that's impacted regional production and roiled energy markets globally....
Goldman Sachs Group Inc. is working on a potential initial public offering of a Kuwaiti online beauty and fashion retailer, a deal that could mark the Wall Street bank's first listing mandate in the Gulf nation as it seeks to expand there....
Jazeera Airways has shifted operations to Saudi Arabia's Qaisumah Airport after Kuwait's airspace closure. Passengers must drive 2.5 hours to the border facility and hold a valid Saudi visa to depart....
Brent oil prices could spike above $100 per barrel if the Gulf Arab countries run out of storage space and shut down production, according to JPMorgan....
Kuwait's pension fund is restarting private equity allocations after a hiatus, according to people familiar with the matter, potentially unleashing billions of dollars in fresh capital for an industry grappling with a fundraising slump....
Goldman Sachs Group Inc. is jockeying for a $10 billion mandate for its asset-management arm from Kuwait's wealth fund, as part of the Wall Street bank's efforts to bolster its private markets strategy and compete with larger players in the Middle East....
Goldman Sachs Group Inc. is among a cohort of financial firms planning to open offices in Kuwait, according to people familiar with the matter, in a boost to the OPEC member's nascent efforts to position itself as a regional business hub....