BUSINESS

Kuwait Foreign Petroleum Exploration Company will acquire a 20 percent stake in the Orca offshore project in Brazil from UK-based energy company Shell. The Kufpec stake acquisition is subject to …

Bids invited for three power substations Needed for Google Cloud storage centres Kuwait’s neighbours have reliable energy Kuwait has invited bids to construct three power substations that will supply electricity …

Local and foreign companies invited 500,000-sq-m site in Al Jahra Kuwait trying to revive PPPs Kuwait is seeking private partners to build and run a car-trading complex as it tries …

AD Ports Group will prepare the technical, environmental and financial feasibility studies, in accordance with internationally recognized specifications AD Ports Group announced on Monday the signing of a Memorandum of …

Deal will enhance Kuwait’s share in the regional and international trade and the global supply chain Kuwait and China have recently signed an engineering-supply-construction contract valued at $4.1 billion for …

Foreign investor activity in GCC equities surged in December 2025, recording net inflows of $216 million. This marked a reversal from the $157 million in outflows seen in November, allowing …

Governments are focused on strengthening investment relationships to enhance overall economic resilience  With the GCC moving into 2026, economic policy is being shaped by tighter external conditions, swift technological progress, …

Record global sukuk issuance exceeds $300 billion in 2025 with continued momentum expected into 2026 The global sukuk market has shown remarkable growth over the past decade, with a compound …