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KUWAIT FINANCE MINISTRY
Kuwait raises $6 billion in three-tranche bond sale, finance ministry saysKuwait has triumphantly secured six billion dollars through its latest sovereign bond issuance, representing its first issuance since Octob...- US bombs Iranian ports and cities; Tehran retaliates with attacks on US sites in Bahrain, Kuwait and JordanUS and Iranian forces exchanged strikes for the tenth consecutive night. Iran-aligned Houthis threatened a naval blockade against Saudi Ara...
- Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
- Kuwait says Iranian drones strike oil sector complex, power, government sitesA drone attack, reportedly Iranian, struck Kuwait's Shuwaikh oil sector complex, housing the oil ministry and KPC headquarters, causing sig...
- India, Kuwait condemn terrorism in "all forms"; call for disrupting terror financing networks, enhancing counter-terror operationIndia and Kuwait strengthened their bilateral ties during Prime Minister Modi's visit, condemning terrorism and pledging to enhance coopera...
- Many Keralites lost lives in Kuwait fire incident, 30-year-old Shameer among themAround 40 Indians are understood to have died and over 50 are injured in a tragic fire incident at a labour housing facility in the Mangaf ...
- Ex-premier's graft case a test of justice in oil-rich KuwaitKuwait's justice system is testing government pledges to hold ministers accountable for $790 million gone missing from the Defense Ministry...
- 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...
- Oman bars expats from certain jobs amid economic downturnIn a region that depends heavily on cheap foreign labour, expats in the sultanate make up about 40 percent of the country's 4.5 million-str...
- 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...
- India seeks Kuwaiti investments in infrastructure and power sectorsFinance Minister Nirmala Sitharaman during a recent meeting with Kuwait envoy to India stated that there are several promising opportunitie...
- Oil-rich Kuwait plans to double investments in India; eyes joint projects in third nationKuwaiti investment in India has been largely indirect through portfolio managers.
- A ghost army of the not-very-employed haunts Gulf rulersAll Persian Gulf monarchies have some version of this problem. Govt is the employer of first resort -- even when it has nothing much for it...
- Stranded in Kuwait, Indian kids are nobody’s childrenThere are several housemaids from the two Telugu states, who are saddled with children and babies.
- Opec be warned! Russia seeing oil at $40 does not bode well for crude marketPolicy makers in Moscow said they see Urals at an average of $50/barrel this year, but falling to $40 at end-2017 and then staying near tha...
- Geojit BNP Paribas launches its Qualified Foreign Investors investment serviceTo attract Arab investors to Indian stock market the Geojit BNP Paribas has launched its Qualified Foreign Investors (QFI) investment servi...
- Expect first investment from foreign retail investor within a month: Finance ministryThe finance ministry today said it expects investment from at least one foreign retail investor from the Gulf region within a month.
- Finance Ministry to hold roadshows in five Gulf countries to attract QFIsAiming to attract investment from foreign retail investors in equity and bond markets, the Finance Ministry will organise roadshows in five...
- Big foreign funds assure to buy 5% stake sale in ONGC; govt to raise Rs 12000 croreRepresentatives of various funds from Singapore, the Middle East and London, have informally 'underwritten' the stake sale in ONGC.
- Saudi Arabia, UAE pour $10 bn into banking systemThe global crisis has hit Gulf after 6 years of high oil prices allowed state & investors to funnel billions of dollars. How bailout adds u...
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