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Business
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Energy
11/15/2023 4:14:30 PM
Crude prices rallied this week after posting their steepest drop in over three months, rebounding on brighter consumption forecasts from OPEC and the International Energy Agency (IEA), according to a report by the Kuwaiti asset management company Kamco Invest on Wednesday.
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Business
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Economy
11/13/2023 1:42:42 PM
Kuwait has prolonged the tenor of a $4 billion deposit at the Central Bank of Egypt (CBE) to support the country’s international reserves, according to data released by the bank.
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Business
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Economy
11/12/2023 5:38:37 PM
Egypt's Ministry of Finance has secured $500 million in financing from Deutsche Bank, Bahrain-based bank ABC, and Kuwait-based Arab Investment and Export Credit Guarantee Corporation, known as "Dhaman", the ministry announced in a statement on Sunday.
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Sports
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World
11/8/2023 4:28:17 PM
Football Australia says its Socceroos will play Palestine in a second-round 2026 World Cup qualifier at the neutral venue of Kuwait on Nov. 21.
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War on Gaza
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War on Gaza
10/29/2023 1:05:36 PM
Kuwait's embassy in Beirut advised its citizens to leave Lebanon, the Kuwait News Agency (KUNA) said on Sunday.
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Business
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Energy
10/25/2023 10:05:30 PM
Natural gas prices experienced a significant surge to an eight-month high due to geopolitical tensions and uncertainty stemming from the Israeli war on Gaza, which started on 7 October, according to a report by Kuwait’s KAMCO Investment Company.
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Egypt
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Foreign Affairs
10/19/2023 3:03:12 PM
Sources have told Al Qahera News that the leaders of Qatar, Turkey, Greece, Palestine, The United Arab Emirates, Bahrain, Kuwait, Saudi Arabia, Iraq, and Cyprus, in addition to the secretary-general of the United Nations, have confirmed attending the international peace summit that was called by Egypt on Sunday.
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War on Gaza
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War on Gaza
10/18/2023 4:59:04 PM
Following the events of 7 October and the war on Gaza, reactions from Gulf governments have on the whole been reserved towards Palestine’s offensive against Israel and indifferent to Israel’s destructive bombardment of Gaza. The public, by contrast, has shown strong support for the plight of the Palestinians.
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Egypt
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Society
10/15/2023 10:46:30 PM
McDonald's branches in Egypt, Saudi Arabia, Lebanon, Kuwait, Oman, Turkey, and Pakistan released separate but almost identical statements asserting they belonged to a "100 percent [local] company" in response to boycott calls.
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Business
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Energy
9/20/2023 2:48:28 PM
Kuwait Foreign Petroleum Exploration Company (KUFPEC) signed an agreement with BG International, a subsidiary of Shell, to acquire 40 percent of Shell Egypt’s Nile Delta offshore block three.
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Al-Ahram Weekly
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World
8/11/2023 12:15:00 PM
Despite regional realignment, Iraq, Iran, Kuwait, and Saudi Arabia are squaring off over gas and territory at the northern tip of the Arabian Gulf.
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Arts & Culture
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Screens
8/10/2023 1:32:26 PM
Kuwait has barred the hit film "Barbie" from cinemas over concerns about "public ethics", officials have said, also confirming a separate ban on a horror movie featuring a transgender actor.
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Arts & Culture
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Screens
8/7/2023 8:25:32 PM
Kuwait has banned a horror film featuring a transgender actor, authorities told AFP on Monday, despite the movie screening in other parts of the conservative Gulf region.
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World
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Region
8/5/2023 10:33:51 AM
Saudi Arabia advised its citizens to leave Lebanese territory and to avoid approaching areas where there have been armed clashes, the Saudi Press Agency said on Saturday.
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World
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Region
8/4/2023 4:17:52 PM
Kuwait's top diplomat has been invited to visit Iran, state media said, amid a dispute over a gas field to which Kuwait and Saudi Arabia say they have exclusive rights.
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World
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Region
8/3/2023 10:21:00 AM
Saudi Arabia and Kuwait said Thursday they have sole ownership of a disputed gas field also claimed by Iran, in an escalating feud after Tehran threatened to pursue exploration.
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World
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Region
7/31/2023 9:35:28 PM
Iran's oil minister said Sunday Tehran would "pursue its rights" to a disputed gas field also claimed by Saudi Arabia and Kuwait if negotiations fail, the ministry's news agency reported.
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World
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Region
7/30/2023 5:05:31 PM
Kuwaiti Foreign Minister Sheikh Salem Abdullah Al-Jaber Al-Sabah arrived Sunday in Iraq on an official visit to discuss issues of common interest, including oil, border demarcation, as well as strengthening bilateral relations between Kuwait and Baghdad.
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Business
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Economy
7/26/2023 12:27:46 PM
Kuwait recorded its first surplus in nine years for the 2022-2023 fiscal year which ended in March, the finance ministry said on Wednesday, crediting last year's surge in oil prices.
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World
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Region
7/12/2023 10:09:12 PM
The finance minister of Kuwait, one of the world's biggest oil producers, has resigned only three months after his appointment by the prime minister, state media said on Wednesday.
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