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Top crude oil producers: not all are OPEC members

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…

Source: Arab Times Business

TSMC Posts Record Profit as AI Chip Demand Surges

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…

Source: Arab Times Business

Oil prices hinge on Hormuz navigation

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…

Source: Arab Times Business

Oil Ministry: Worker safety top priority in oil, gas sector

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…

Source: Arab Times Business

KNPC workforce peaks at 7,650 staff by mid-2026

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…

Source: Arab Times Business

154 tenders awarded in 6 months

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.

Source: Arab Times Business

Two vital oil chokepoints under threat

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…

Source: Arab Times Business

Kuwait keeps rates steady after Fed hike

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,…

Source: Arab Times Business

Wholesale price inflation in India rises to 9.92% in August

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…

Source: Arab Times Business

Kuwait Airways Adds Sixth A330-900neo, Names It “Qaruh”

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…

Source: Arab Times Business

Refining products in desperate need

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…

Source: Arab Times Business

Consiliojus Reviews: How Citizenship Eligibility Is Assessed

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,…

Source: Arab Times Business

Iranian rial hits fresh record low against dollar

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…

Source: Arab Times Business

Kuwait’s economy gears up for ‘slow’ year-end recovery

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…

Source: Arab Times Business

HSE remains KNPC’s top priority, says CEO

KUWAIT CITY, Aug 23: Kuwait National Petroleum Company (KNPC) CEO Wadha Al-Khatib affirmed that health, safety, and environment (HSE) are top priorities for the Company’s managemen...

Source: Arab Times Business

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Direct sourceKuwaitThe Times Kuwait

Catholic priest killed by falling cross during livestreamed Mass in Ecuador↗

A Roman Catholic priest celebrating an evening Mass in southwestern Ecuador has died after a crucifix fell on him during the livestreamed service. The Archdiocese of Guayaquil, a coastal city 265 kilometers (164 miles) southwest of the capital, Quito, identified the priest as Patricio Sánchez of Perpetuo Socorro Church. Footage of the service on Saturday ……

Direct sourceKuwaitThe Times Kuwait

Kuwait goes digital with mandatory vehicle insurance from October 25↗

The Insurance Regulatory Unit will launch the trial phase of its updated electronic “Beema” insurance system from October 25 to December 31, 2026, requiring eligible insurance companies registered on the platform and their contracted insurance brokers to comply with the regulations governing the issuance of mandatory vehicle insurance policies. In a…

Direct sourceKuwaitThe Times Kuwait

Kuwait makes history with first-ever Nuakhai Bhetghat festival↗

• An ancient Odia harvest tradition blossoms into a global message of unity, nature and humanity In a celebration that brought the spirit of Odisha to the heart of Kuwait, the Kuwait Odisha Association (KOA), under the guidance and support of the Embassy of India in Kuwait, hosted a memorable Nuakhai Bhetghat, introducing one of … The post Kuwait makes…

Direct sourceKuwaitThe Times Kuwait

Social Affairs Ministry dissolves six public benefit associations↗

Minister of Social Affairs, Family and Childhood Affairs Dr Amthal Al-Huwailah has issued decisions to dissolve six public benefit associations in Kuwait, while extending the mandate of the interim board of directors of the Kuwait Red Crescent Society for a renewable period of one year. The dissolved associations are the Kuwaiti Entrepreneurs Association,…

Direct sourceKuwaitThe Times Kuwait

CAPT approves tender for ‘budget planning system’ by majority vote↗

The Board of Directors of the Central Agency for Public Tenders (CAPT) has approved, by a majority vote, the Ministry of Finance’s request to issue Public Tender No. 6/2026-2027 for a system to plan and prepare the public sector budget. The approval followed a re-examination of the request and a review of the required amendments. … The post CAPT approves…

Direct sourceKuwaitThe Times Kuwait

Medical Liability Authority expenses outstrip revenue by 3.44 million dinars↗

The Medical Liability Authority recorded 3.55 million dinars expenses during the 2025/2026 fiscal, while the revenues stood at just 114,500 dinars, leaving a gap of approximately 3.44 million dinars between expenditure and income. According to Decree-Law No. 117 of 2026, approving the authority’s final account and published in the official gazette Kuwait…

Direct sourceKuwaitThe Times Kuwait

TEF Kuwait’s TICE 2026 draws 1,000 delegates, honors 36 engineering achievers↗

The Tamilnadu Engineers Forum Kuwait (TEF-Kuwait) brought together more than 1,000 delegates from the engineering and technology sectors for its 17th Technological Innovations Conference & Exposition (TICE) and 10th Engineering Excellence Awards (EEA), held at Jumeirah Messilah Beach Hotel on October 15, 2026. The event featured a record 101 exhibitors, 24…

Direct sourceKuwaitThe Times Kuwait

Bhutan puts tourism and investment in the spotlight in Kuwait↗

By Ricky Laxa Staff Writer The Royal Bhutanese Embassy in Kuwait, in cooperation with FAS Holding Group of Companies, hosted an enlightening event to promote Bhutan’s tourism and investment prospects. The event was held on Saturday, October 17, at Sedra Continental Hotel and featured informative presentations, as well as the commemoration of the 15th Royal…

Direct sourceKuwaitThe Times Kuwait

UAE to host IMF, World Bank annual meetings in 2029↗

The International Monetary Fund (IMF) and World Bank Group signed an agreement with the United Arab Emirates on Sunday to hold their annual meetings in Abu Dhabi in October 2029. The signing ceremony took place in Bangkok at the conclusion of the 2026 annual meetings, attended by World Bank Group President Ajay Banga, IMF Managing … The post UAE to host…

Direct sourceKuwaitArab Times Kuwait

Kuwait Scraps Paper Vehicle Insurance↗

KUWAIT CITY, Oct 18: The Insurance Regulatory Unit (IRU) has ordered insurance companies to stop issuing paper documents for compulsory vehicle insurance, making the digital “Bima”...

Direct sourceKuwaitThe Times Kuwait

Kuwait issues four decrees to revoke citizenship of 12 people↗

Four decrees have been issued to withdraw the Kuwaiti citizenship from 12 people, according to notices published in the official gazette, Kuwait Al-Yawm. The first decree provides for the withdrawal of citizenship from three people, along with those who acquired citizenship through dependency on them. The second decree covers seven people and those who…

Direct sourceKuwaitThe Times Kuwait

Dar Al-Muhamah highlights maritime arbitration and trade security at Doha Summit↗

Dar Al-Muhamah participated in the International Maritime Arbitration Experts Summit and Conference held in Doha on October 11, 2026, highlighting the role of specialised legal expertise in supporting maritime trade stability and managing commercial disputes. Mubarak Al-Dosari, a partner at the law firm, represented Dar Al-Muhamah at the event. The…

Direct sourceKuwaitThe Times Kuwait

GTD road safety campaigns record 658 violations, impound 106 vehicles↗

The General Traffic Department recorded 658 traffic violations and impounded 106 vehicles during two enforcement campaigns targeting violations by public transport buses and dangerous driving practices on Kuwait’s main and express roads. The first campaign, conducted in the Hawalli Governorate, focused on public transport buses operating in violation of…

Direct sourceKuwaitThe Times Kuwait

Russia gets 60-day sanctions reprieve as Trump weighs economic fallout↗

US Secretary of State Marco Rubio said President Donald Trump’s decision to suspend sanctions and tariffs targeting Russia would provide a 60-day period to assess their potential impact on the global and US economies, amid mounting criticism in Washington and concern in Ukraine that the move could ease economic pressure on Moscow. Rubio said Saturday … The…

Direct sourceKuwaitThe Times Kuwait

Not every cough is a virus, Kuwait doctors urge autumn weather health precautions↗

Doctors have urged the public to take preventive measures as Kuwait transitions from summer to autumn, warning that changing temperatures, humidity and dust can aggravate allergies and asthma, while increased gatherings and the return to schools may facilitate the spread of respiratory infections. Preventive health physician Dr. Abdullah Behbehani said…

Direct sourceKuwaitThe Times Kuwait

Fahd Hamad Al-Ateeqi appointed Counselor at Court of Appeal↗

A decree has been issued transferring Counselor Fahd Hamad Al-Ateeqi to serve as a counselor at the Court of Appeal, effective September 6, 2026. The post Fahd Hamad Al-Ateeqi appointed Counselor at Court of Appeal appeared first on Times Kuwait .

Direct sourceKuwaitThe Times Kuwait

Egyptian, Iranian Foreign Ministers discuss efforts to curb regional tensions↗

Egyptian Foreign Minister Badr Abdelatty met with his Iranian counterpart, Abbas Araghchi, in Baghdad on Saturday to discuss efforts to reduce regional tensions, restore stability, and pursue diplomatic solutions to the ongoing crisis. The meeting took place on the sidelines of the 52nd session of the Organization of Islamic Cooperation (OIC) Council of…

Direct sourceKuwaitThe Times Kuwait

Research, innovation are key to water security and Kuwait Vision 2035, says Al-Muzaini↗

The Kuwait Water Association (KWA), represented by Eng. Heba Abbas, the Association’s Technical Adviser and Chair of its Sustainability Committee, and a member of the Executive and Technical Committees of the World Utilities Congress 2027, participated in an Executive Committee meeting held in Abu Dhabi. The meeting brought together senior executives,…

Direct sourceKuwaitThe Times Kuwait

French President Macron to arrive in Kuwait on Monday for official visit↗

French President Emmanuel Macron and his accompanying delegation will arrive in Kuwait on Monday for an official visit, during which he is scheduled to hold official talks with His Highness the Amir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah. The visit will provide an opportunity for the two leaders to hold discussions as part of the official … The post…

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