Saturday 23 June 2018
 
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Kuwait

Kuwait consumer spending softens in May

While seasonal factors weighed on consumer spending in Kuwait during May, conditions remained strong compared to 2017, with the consumer spending index rising 7.5 per cent year-on-year (y/y), said the National Bank of Kuwait (NBK).

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Celebrate Eid al-Fitr with Four Seasons Hotel Kuwait

Celebrating its first summer season this year, Kuwait City’s Four Seasons Hotel Kuwait at Burj Alshaya invites guests to bring loved ones together this Eid al-Fitr to enjoy the luxury of spending time together. Gathering aro

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Al Babtain offers cash back on Infiniti Q50 buy

Abdulmohsen Abdulaziz Al Babtain Co. (AABC), the sole authorized dealer of Infiniti vehicles in Kuwait, is offering a cash back of KD500 ($1,648) for a limited time when purchasing a new Infiniti Q50 vehicle. The Infiniti Q50 is a

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CJ 4DPlex to open Mideast's first ScreenX in Kuwait

Kuwait National Cinema Company (KNCC) has reached an agreement with South Korea's CJ 4DPlex to set up the Middle East's debut ScreenX - the world's first multi-projection system that provides a 270-degree panoramic film viewing exper

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CJ 4DPlex to open Mideast's first ScreenX in Kuwait

Kuwait National Cinema Company (KNCC) has reached an agreement with South Korea's CJ 4DPlex to set up the Middle East's debut ScreenX - the world's first multi-projection system that provides a 270-degree panoramic film viewing exper

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UAE, Kuwait target $220bn energy spend by 2022

The UAE and Kuwait have announced ambitious power capacity targets for 2022, that could see them invest over $220 billion each in the energy sector, said the Arab Petroleum Investments Corporation (Apicorp) in a new report. The mu

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UAE, Saudi and Kuwait agree $2.5bn aid to Jordan

The UAE, Saudi Arabia and Kuwait have agreed to provide a $2.5 billion economic aid package to Jordan, to help the country which is facing an economic crisis following anti-austerity protests, a media report said. The announcement

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Kuwait's prime commercial property rents at new high

Rents for prime commercial properties in Kuwait City have returned to the peak levels, similar to the ones last experienced in 2008, according to the global property consulting firm CBRE. Monthly rates of KD14 per sq m were quoted

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Kuwait's budget surplus to soar on higher oil price, says Moody's

Kuwait's fiscal surplus this year is poised to reach 7 per cent of the country's gross domestic product (GDP) driven largely by rising oil prices, said top ratings agency Moody's Investors Service in its annual report published last

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Kuwait's budget surplus to soar on higher oil price, says Moody's

Kuwait's fiscal surplus this year is poised to reach 7 per cent of the country's gross domestic product (GDP) driven largely by rising oil prices, said top ratings agency Moody's Investors Service in its annual report published last

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