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KUWAIT GOVERNMENT REVENUE
'No substitute': Kuwait's future tied to Hormuz strait fateKuwait's oil exports have plummeted due to the ongoing war and Strait of Hormuz closure. The nation faces its biggest crisis since the 1990...- ETMarkets Management Talk| North America, AI adoption and recurring revenues to fuel Newgen's next leg of growth: Tarun NandwaniWhat is particularly encouraging is the shift in customer priorities. Enterprises are moving beyond automating individual processes and are...
- Global markets are mixed and oil prices rise as Iran and US launch new attacksGlobal markets show mixed early trading as oil prices rise modestly. Fresh attacks between Iran and the United States threaten a fragile re...
- A pail of water may unleash India's ₹20 lakh crore opportunityIndia faces a significant water crisis, with demand projected to double supply by 2030, creating a massive ₹20 lakh crore investment opport...
- US weighs seizing Iranian assets to rebuild Gulf states hit by Tehran's attacksThe U.S. plans to redirect Iranian assets to Gulf states for rebuilding and repairs following recent Iranian attacks. Treasury Secretary Sc...
- US strikes Iranian sites after Iran launches drones, in latest Gulf flare-upU.S. forces struck Iranian coastal radar sites after shooting down four Iranian drones targeting maritime traffic near the Strait of Hormuz...
- Hezbollah rejection clouds Lebanon ceasefire and prospects for ending Iran warHezbollah rejected a U.S.-brokered ceasefire in Lebanon, vowing to continue resistance, while Israel stated it would not withdraw troops. T...
- More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
- Iran fires missiles, US strikes Iran facility after reports of faltering peace talksIran's paramilitary Revolutionary Guard said it had targeted the headquarters of the US Navy's 5th Fleet in Bahrain and another country in ...
- Kuwait seeks to boost oil production, pushes on with Durra gas fieldKPC subsidiary Kuwait Oil Company's CEO Ahmed Jaber Al-Eidan said on Monday Kuwait's production capacity was currently at 2.9 million bpd a...
- 'Great misery': Kuwait political crisis drags down economyKuwait, which borders Saudi Arabia and Iraq, is home to seven percent of the world's crude reserves. It has little debt and one of the stro...
- Kuwait court reinstates previous parliamentKuwait court reinstates the previous parliament. The move comes at a time of renewed friction between the elected parliament and government...
- Oil turbulence could last five years, ExxonMobil boss warnsEnergy markets have been roiled by the Ukraine war as Russia has reduced some exports and faced sanctions while Europe has announced plans ...
- World’s oldest wealth fund swells to record and cracks the top 3The Future Generations Fund, managed by the authority known as KIA, has risen to a record of about $700 billion, according to a person with...
- Kuwait swears in new government amid mounting crisesPrime Minister Sheikh Sabah Al-Khaled Al Hamad Al Sabah swapped out four ministers whose selections had angered various lawmakers for less ...
- Covid-19 and lower oil prices force Kuwait to tap into its wealth fund as cash dries upUnlike Saudi Arabia and others, however, Kuwaiti lawmakers have blocked proposals to borrow on international markets to cover the fiscal sh...
- Fitch cuts outlook on Kuwait's debt rating to 'negative' on state treasury liquidity riskThe rating agency said the outlook change reflects near-term liquidity risk associated with the imminent depletion of liquid assets in the ...
- Oil-rich Kuwait faces reckoning as debt crisis looms"COVID, low oil prices and the liquidity crisis have all come together in a perfect storm," said Bader al-Saif, an assistant professor of h...
- Moody's downgrades Kuwait on liquidity squeeze, weak governanceWhen Kuwait last issued debt in the international markets in 2017, its bonds traded close to paper issued by Abu Dhabi, considered the safe...
- Kuwait imposes ban on imports of poultry products from IndiaAll the chief ministers of states have been asked to direct the concerned authorities to keep a close vigil on clandestine imports and its ...
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