الأهلي يُصدر تقرير الاستدامة الثالث عن 2022
أصدر البنك الأهلي الكويتي تقريره السنوي الثالث للاستدامة للعام 2022، انطلاقاً من حرصه على الالتزام بأهداف التنمية المستدامة للأمم المتحدة (United Nations Sustainable Development Goals)، وسياسات بنك الكويت المركزي، ورؤية «كويت جديدة 2035»، جنباً إلى جنب مع الرؤية البيئية لإمارة أبوظبي 2030، ورؤية مصر 2030. وتم تطوير هذا التقرير باستخدام المبادرة العالمية لإعداد التقارير(Global Reporting […]
Kuwait posts first surplus since 2015
Rapporteur of the National Assembly budgets committee MP Osama Al-Zaid said on Sunday that the state budget for the fiscal year 2022/2023, which ended on March 31, posted a surplus of KD 6.5 billion, the first windfall since the2014/2015 fiscal year. The lawmaker said the final accounts of the fiscal year show revenues were KD […]
High oil does not cover budget obligations
The General Investment Authority said that the relative and temporary rise in oil revenues does not cover budget obligations and does not postpone or reduce the importance of pursuing draft laws that aim to provide liquidity in the state treasury and financial reforms. In its response to the observations of the Audit Bureau, the Authority […]
Al-Zour Refinery stopped… as a result of an emergency malfunction
The Kuwait Integrated Petroleum Industries Company (KIPIC) announced that the Al-Zour Refinery was subjected to a sudden interruption of fuel gas supplies due to a defect in one of the main valves of the Kuwait Oil Company, which led to an almost complete cessation of production operations at the Al-Zour Refinery. The company reported that […]
$137 million in profits from “Egyptian Kuwaiti Holding”
The Egyptian Kuwaiti Holding Company announced that, according to the financial statements for the financial period ending on September 30, 2023, prepared in accordance with Egyptian accounting standards, a net profit of $137 million has been achieved, the company’s total assets have reached two billion dollars, and total shareholders’ equity has reached $636 million. During […]
Al-Aiban: $1.06 billion in trade exchange between Kuwait and Turkey in 2022
Kuwait pays great attention to the private sector… and we have improved business laws and regulations to make them more transparent and easy Omer Polat: 427 Kuwaiti companies invest two billion dollars in Turkey… and we are implementing 50 projects in Kuwait worth 9 billion Tube Sönmez: Turkey and Kuwait They enjoy exceptional political relations… […]
KIPCO appoints Samer Abbouchi as Group Senior Vice President – Investments
KIPCO – Kuwait Projects Company (Holding) – has announced the appointment of Mr Samer Abbouchi as Group Senior Vice President – Investments. With two decades of experience in finance and investment banking, Mr Abbouchi will make an important contribution to the development of KIPCO’s investments in the financial and real estate sectors. Sheikha Dana Nasser […]
KPC: Kuwait oil price down USD 1.82 to USD 88.07 pb
The price of Kuwaiti oil went down by USD 1.82 to USD 88.07 per barrel on Tuesday in contrast to USD 89.89 pb last Monday, said the Kuwait Petroleum Corporation (KPC) on Wednesday. At the global scale, the price of the Brent crude saw a drop by USD 3.57 to USD 81.61 per barrel, the […]
Kuwait’s 16th relief plane for Gaza takes off
The 16th relief plane from Kuwait carrying emergency humanitarian supplies to assist the Palestinian people in the Gaza Strip took off on Wednesday to the Egyptian city of Al-Arish. Ten people are also on board. Director of the Public Relations and Media Department at the Kuwait Red Crescent Society, Khaled Al-Zaid, told KUNA before the […]
Sheikh Talal hails unified GCC efforts in bolstering security
Kuwait’s First Deputy Prime Minister and Interior Minister Sheikh Talal Al-Khaled Al-Sabah stressed Wednesday that the GCC has made great efforts in joint cooperation, which has had a great impact in raising the efficiency of security services and maintaining security and stability in the GCC countries. Delivering a speech at the 40th meeting of GCC […]