The government significantly subsidizes fuel as part of its broader social welfare initiatives, ensuring artificially low ...

In response to Donald Trump’s statements regarding pressure on OPEC-plus to reduce oil prices and the potential impact on the ...

Kuwait Oil Company (KOC) is expected to announce the results of drilling and exploration operations in Jazza offshore field ...

Kuwait Financial Centre “Markaz” released its Monthly Market Review report for January 2025. Kuwait equities outperformed ...

With a population of around 4.45 million as of 2022, Kuwait is a Western Asian country near the Persian Gulf. It is an oil-rich nation with beautiful cityscapes, scorching heat, and significant ...

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

In the list , Pakistan ranks 36th among the world's cheapest petrol markets, with fuel prices lower than India, which stands ...

There are over 90 sovereign wealth funds in the world. The biggest ones are owned by states with significant oil revenues and ...

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...

Trump has demanded a plan to create a sovereign wealth fund to invest in global assets – ‘perhaps with TikTok’, he said.

Oil sector contracts Water sector projects Project activity in Kuwait has soared, and the highest value since 2017 was awarded in 2024, National Bank of Kuwait (NBK) said in its quarterly ...