A week ago, Kuwait Oil Company (KOC) announced a significant discovery of light oil and associated gas in the offshore Al-Nokhatha field. Kuwait has revealed ambitions to nearly double its oil output ...
With no rivers, lakes, or renewable freshwater, Kuwait depends almost entirely on desalination to supply water for life, ...
Kuwait is enjoying high hydrocarbon prices, but the lack of reforms weighs heavily on the oil-rentier’s economic outlook. Late in January, Jasem Albudaiwi was appointed secretary general of the Gulf ...
Kuwait's emir on Thursday dissolved parliament after a lawmaker reportedly insulted the ruler, the latest dissolution to strike the oil-rich nation's legislature amid years of political gridlock. The ...
A historically strong banking system has been conservative in its approach to tech innovation, but that’s changing. Over the years, Kuwait’s central bank (CBK) has been dynamic in promoting sound ...