BUSINESS

Kuwait Ports Authority agreement Development of container terminal Increased stake in Egyptian operator AD Ports has signed a memorandum of understanding (MoU) with the state-backed Kuwait Ports Authority (KPA) to …

Saudi Arabia’s Acwa Power has completed the acquisition of power generation and water desalination assets in Kuwait and Bahrain from French utility company Engie. The assets include a gas-fired power …

Kuwait’s stock exchange has launched a market for emerging companies following an increase in demand to join the busy bourse. The emerging companies market is intended to widen participation by …

Oilfield services provider Action Energy Company plans to expand regionally while maintaining a strong focus on its home market, its chairman said on Wednesday, after the company’s shares began trading on Kuwait‘s premier …

Appeal against charges thrown out Fine of $155,000 after appeal Airline says it has ‘sufficient provisions’ Kuwait budget carrier Jazeera Airways has been ordered to pay a fine of more …

Kuwait has given a Chinese company a contract to build Mina Mubarak Al-Kabeer port, as the Gulf state seeks a greater share in world trade. The contract for the port …

Bank Muscat, Oman’s largest bank, has said it is closing its branch in Kuwait, a move analysts say reflects a strategy to focus on its domestic operations. In a disclosure …

Kuwait’s oil production costs have increased by nearly 12 times since 2000, but remain among the lowest in the world. The soaring costs are eating into the Gulf emirate’s net …

Kuwaiti companies reported the highest output growth in seven months in December, as the non-oil private sector ended 2025 on a positive note. The headline S&P Global Kuwait purchasing managers’ …