KNPC, NCPI sign MoU to localize MAN production
Kuwait National Petroleum Company (KNPC) and NCPI sign a memorandum of understanding to localize MAN production, signaling a strategic shift in oil investments and strengthening public-private sector…
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150 published briefs across 5 countriesKuwait National Petroleum Company (KNPC) and NCPI sign a memorandum of understanding to localize MAN production, signaling a strategic shift in oil investments and strengthening public-private sector…
A report notes that among the world’s top six crude oil producers, four are outside OPEC, and the five largest producers are not all members of the organization. The findings highlight that governing control…
The Central Agency for Public Tenders (CAPT) in Kuwait opened three bids for operating, managing and improving training services, maintenance and development at Kuwait Airport Terminal 2. Details on bidders,…
The Taiwan Institute of Economic Research (TIER) is marking its 50th anniversary in 2026, highlighting five decades of economic research, industrial development, and ongoing concerns around AI, U.S. tariffs,…
A former Iranian Labour Minister claimed Iran has no economic problems beyond high prices, drawing sharp criticism amid reports of around 90% inflation. Public reaction has been skeptical, highlighting a gap…
Taiwan Semiconductor Manufacturing Company reports a 68.7% year-on-year rise in third-quarter net profit, reflecting strong demand for AI chips. The report notes continued momentum in the AI semiconductor…
Qatar's Emir Sheikh Tamim bin Hamad Al Thani warned that the closure of the Strait of Hormuz and direct damage to Ras Laffan energy facilities have disrupted LNG exports. Details on the extent, responsible…
Oil markets remain unsettled as traders await clarity on safe navigation through the Strait of Hormuz. If the strait cannot be fully secured, potential disruptions to global oil supplies could influence…
KNET, Kuwait’s Joint Automated Banking Services Company, has had four activities added to its registered list, including property deals and valuables collection, while its e-bill service has been removed. The…
Thomson Reuters’ ALB identifies Abdulaziz Taher Alkhateeb and Dr. Fawaz Khaled Alkhateeb as part of the Super 50 MENA Lawyers 2026. Their mention comes as Taher Group Law Firm reaches the finals in 10…
The Kuwaiti Oil Ministry reiterates that worker safety is the top priority across the oil and gas sector, as stated by Acting Assistant Undersecretary for Administrative Affairs and Information Systems Nadia…
KUWAIT CITY, Oct 3 — The Kuwait National Petroleum Company (KNPC) reports a record workforce size, with national staff rising to 7,650 by mid-2026. The report notes an unprecedented expansion of personnel…
A Kuwaiti real estate expert describes a new finance law as a pivotal step toward easing the housing shortage by facilitating financing options. The report notes the law’s potential impact on the housing…
The Central Agency for Public Tenders (CAPT) of Kuwait reported 154 tenders awarded in the first six months of the current year, with the total value not specified in the provided excerpt.
Kuwait, represented by the Anti-Corruption Authority Nazaha, took part in the 12th Meeting of the Ministerial Anti-Corruption Committee in Manama, Bahrain. The report notes ongoing discussions on…
Travelers may face persistently high airfares even with falling oil and jet fuel prices, according to major U.S. airlines and industry analysts. The article notes factors beyond fuel costs that can keep fares…
Two openings crucial to global oil transit—the Strait of Hormuz and Bab el-Mandeb—are reported as being under threat, with potential implications for supply and shipping routes. The report emphasizes that…
Asian equities were mixed after Wall Street remained near its record highs and oil prices declined following President Trump’s comment that the US and Iran met at the UN, with uncertainty surrounding regional…
Kuwait Oil Company (KOC) has approved 24 contractors to carry out onshore drilling operations and maintenance of shallow wells. Details on contractor identities, scope boundaries, and the total value of…
Kuwait maintains its monetary policy stance in response to the recent Federal Reserve rate increase, signaling flexibility and ongoing adaptability to global monetary developments. Details on policy tools,…
Turkey’s Banking Regulation and Supervision Agency (BDDK) revoked the operating license of Iranian lender Bank Mellat’s Istanbul branch after more than four decades of operation. No further details on timing,…
Geopolitical tensions in the Gulf region have renewed talks about a single Gulf currency. Details remain uncertain as discussions continue amid regional pressures.
Kuwait is exploring secure export routes in response to recent regional oil pipeline attacks, with the GCC prioritizing resilient infrastructure. Details on plans, feasibility, and timelines remain…
India’s wholesale price-based inflation increased to 9.92% in August, up from 9.78% in July, with higher prices in food, manufactured products, and fuel and power noted. No authorities or policy actions are…
Kuwait Airways has taken delivery of its sixth Airbus A330-900neo, the aircraft named “Qaruh,” as part of a fleet expansion under an Airbus purchase agreement. The brief notes the delivery but does not…
Markets are discussing where to obtain finished petroleum products amid globally limited supply, with particular focus on import avenues and sourcing challenges. The situation is affecting availability and…
Global stock markets fell in Europe and Asia after a retreat on Wall Street, while crude oil remained above $100 per barrel. The report notes a broader market pullback with ongoing volatility, but does not…
A Kuwait-focused business article discusses Consiliojus’ examination of how citizenship eligibility is evaluated. The piece notes uncertainty around the criteria and processes used to determine eligibility,…
Iran’s currency continued a steep decline, sliding to a reported record low around 2.25 million rials per US dollar. No authorities or timelines are confirmed here, and the situation reflects ongoing…
Easing geopolitical tensions are seen as potentially supporting a modest final quarter for Kuwait’s economy, with expectations of absorption of shocks and a gradual uptick into 2026, though details remain…