Kuwait-based Mechanical Engineering and Contracting Company (MECC) has emerged as the lowest bidder for three major power infrastructure projects being developed by Kuwait Oil Company (KOC) at a total investment of KD132.28 million ($427 million).
Iran and US continued their attacks in the Gulf as each accused the other of violating an increasingly precarious 14-point interim deal signed recently to end their four-month-old war. Iran early today launched missiles and drones on US military sites in Kuwait and Bahrain, said media reports.
VA Tech Wabag, a leading multinational water technology company based in India, has announced that its joint venture with Heavy Engineering Industries & Shipbuilding Company (Heisco), has secured a contract worth KD114.3 million ($372 million) for a SWRO desalination plant in Kuwait.
Indonesia and Kuwait have reaffirmed their commitment to strengthening cooperation in energy security amid growing global economic and geopolitical challenges.
Jazeera Airways has launched its “Buy Now, Fly Now” campaign, offering customers up to 20% off on fares across all destinations in its network.
Kuwait Petroleum Corporation (KPC) plans to raise the country's oil production to two million barrels per day (bpd) within a week, amid the reopening of the Strait of Hormuz under a US-Iran peace agreement, said KPC's Deputy Chairman and CEO Sheikh Nawaf Saud Al-Sabah.
Global oil prices declined during Friday's trading session, reaching their lowest levels since early March. Kuwait's crude oil too fell by 6.1% to $94.84 per barrel on Friday, down from $101.04 per barrel the previous day, according to data from Kuwait Petroleum Corporation (KPC).
Jazeera Airways, Kuwait's leading low-cost carrier, announced the relaunch of direct flights between Kuwait and Budapest, Hungary on the sidelines of the UEFA Champions League final match in Budapest.
Kuwait has approved the merger of Kuwait Integrated Petroleum Industries Company (KIPIC) into Kuwait National Petroleum Company (KNPC), according to a decision by the Supreme Petroleum Council.
Wego reports that Kuwaiti travellers are planning longer, more intentional Eid Al Adha trips, focusing on family travel, religious journeys, and destinations offering relaxation and cultural experiences, based on recent search and booking trends.