Top- News zu Kuwait

 

Kuwait Petroleum Corp. is considering leasing part of its pipeline network to help fund a $65 billion investment plan that covers everything from upstream to petrochemicals, according to people familiar with the matter....

BlackRock Inc. has named a country head for its new office in Kuwait, as the world's largest asset manager deepens ties to the oil-rich region....

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Kuwait is advancing its ambitious oil sector expansion programme, awarding a raft of new contracts...

Kuwait bans the import of alcoholic beverages, but bootleg liquor is sold with no oversight or safety standards....

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Kuwait's government plans to establish an investment company for regional mega-projects, primarily targeting the Saudi market amid the Kingdom's economic boom and major transformational projects under Vision 2030....

Adnoc Drilling Co. is planning to buy a company operating oil and gas rigs in Kuwait and Oman, and is targeting a deal as early as this year, Chief Financial Officer Youssef Salem said in an interview on Thursday....

Action Energy Co. is planning an initial public offering in Kuwait, potentially setting up the first energy listing in the Gulf state since 2008, according to people familiar with the matter....

Kuwait has imposed sanctions on Hezbollah's financial arm, Al-Qard al-Hassan Association, as part of efforts to restrict the Lebanese group's funding ......

KBR has been awarded a key contract to design the next expansion phase of Kuwait's South Ratqa heavy oilfield...

India has significantly increased Kuwait's flying rights, raising weekly seat capacity by 50% to 18,000. This agreement, signed by aviation secretary Samir Kumar Sinha and Kuwait DGCA president Sheikh Hamoud Al-Mubarak, marks Kuwait's first bilateral capacity increase in 18 years. Driven by rising travel demand, this enhancement aligns with India's recent air service agreements with Thailand, Vietnam, Indonesia, and Uzbekistan....

India has significantly increased the flying rights for Kuwait, raising weekly seat capacity by 50% to 18,000. This agreement, signed by aviation officials from both nations, marks Kuwait's first bilateral capacity increase in 18 years. The move comes amid rising travel demand and aligns with India's policy to bolster its carriers' international presence through strategic agreements and infrastructure development....

Isabelle Lee reports on AES Corp. exploring options including a potential sale, Starbucks receiving proposals from prospective investors in its China business and Kuwait Investment Authority selling a $3.1 billion stake in Bank of America. (Source: Bloomberg)...

Kuwait's state energy company said OPEC+'s latest super-sized supply hike and recent interactions with customers suggest persistent demand growth beyond the summer driving season....

The Kuwait Investment Authority sold a $3.1 billion stake in Bank of America Corp. in an overnight block trade, according to people familiar with the matter....

Kuwait has implemented a new electronic exit permit system for expatriate workers in the private sector, effective July 1, 2025. Foreign employees must now obtain employer approval via the Sahel Individuals app and As-hal Companies portal before traveling abroad. The system aims to streamline procedures and enhance transparency, though concerns about worker freedom have been raised....

Kuwaiti convenience store Trolley is planning an initial public offering, according to people familiar with the matter, a rare transaction in one of the Gulf's quietest markets for new share sales....

Egypt sold $1 billion in Islamic bonds to Kuwait's largest bank, the North African nation's latest bid to diversify financing after emerging from its worst economic crisis in decades....

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