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KUWAIT INVESTMENT STRATEGY
Indian-origin LuLu Group chairman gets Kuwait's first 15-year Golden Residency permitKuwait launched its new 15-year Golden Residency program for investors. Yousuf Ali Moussally became the first recipient of this new residen...- US stocks today: Nasdaq rallies to sharply higher close; chip surge offsets Iran worriesUS markets closed higher led by chip stocks, with Micron boosting sentiment through a massive investment plan tied to AI demand. Gains came...
- Global Market Today: Asian shares slip, oil pares climbGlobal markets are showing cautious optimism as US and Iran reportedly step back from further conflict escalation, with talks scheduled in ...
- Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
- Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
- Gulf NRIs are dumping real estate, and betting big on India’s stock marketGCC-based NRIs are shifting investments from Indian real estate to equities and financial assets, driven by geopolitical uncertainty and a ...
- OPEC just lost one of its biggest players — here's the inside story of the UAE's exit and what the Saudi-UAE split really means for OPEC's market powerUAE Quits OPEC: How the World's Energy Map Just Shifted Permanently. The UAE's departure from the Saudi Arabia-led cartel is being called t...
- Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
- Kuwait to increase fees for organisations hiring foreign workersKuwait plans to increase fees for firms employing foreign workers. This is to boost private-sector jobs for Kuwaiti citizens. The Public Au...
- Kuwait ends fee exemptions on work visa transfers; imposes standard KD150 chargeKuwait will introduce a uniform fee for work visa transfers. A standard charge of KD150 will be applicable for each work permit. This decis...
- 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...
- Home deficits make sovereign funds trim India exposureThe share of SWFs in the total FPI holding in India shrank to 6% in January compared with 10.4% in July 2016, shows data from NSDL.
- Kalyan Jewellers to invest Rs 500 cr to open 15 stores in 2017The company said it is also looking to augment its reach with investment in digital foray and relaunch of its purchase advance scheme, comp...
- India-focused hedge fund gives 61% return in 2014The fund has the flexibility to take long and short positions on Indian securities. This fund structure enables it to achieve capital appre...
- Support early conclusion of FTA with GCC: India to KuwaitIndia urged Kuwait to support its efforts for early conclusion of talks for the proposed free trade agreement with the Gulf Cooperation Cou...
- Zain & the art of deal makingIt's a major reshuffle in Zain's top brass as it struggles with governance problems and low margins in some of the African countries.
- Satyam reports $28 mn revenues from Middle EastSatyam Computer Services has reported a growth of more than 100 per cent in revenues to $28 million from the Middle East in fiscal year end...
- Kuwait Petro to buy 50% in Dow's plastics venture for $9.5 bnKuwait to buy half of Dow Chemical's plastics assets for $9.5 bn and form a JV with the largest US chemical maker.
- Kuwait Petro in JV talks with Reliance IndustriesKuwait Petroleum (KPC) and Reliance Industries (RIL) have kicked off the first round of discussions for scripting a mega joint collaboratio...
- Investment firm to scout for JVs in IndiaDiraar Yusuf Alghanim, Chairman & Managing Director, Kuwait Financial Centre "Markaz", speaks about the anticipated economic gains to follo...
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