A year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...

Global oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...

GCC-based NRIs are shifting investments from Indian real estate to equities and financial assets, driven by geopolitical uncertainty and a ...

UAE 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 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 plans to increase fees for firms employing foreign workers. This is to boost private-sector jobs for Kuwaiti citizens. The Public Au...

Kuwait will introduce a uniform fee for work visa transfers. A standard charge of KD150 will be applicable for each work permit. This decis...

KPC 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...

The 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.

The company said it is also looking to augment its reach with investment in digital foray and relaunch of its purchase advance scheme, comp...

The fund has the flexibility to take long and short positions on Indian securities. This fund structure enables it to achieve capital appre...

India urged Kuwait to support its efforts for early conclusion of talks for the proposed free trade agreement with the Gulf Cooperation Cou...

It'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 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 to buy half of Dow Chemical's plastics assets for $9.5 bn and form a JV with the largest US chemical maker.

Kuwait Petroleum (KPC) and Reliance Industries (RIL) have kicked off the first round of discussions for scripting a mega joint collaboratio...

Diraar Yusuf Alghanim, Chairman & Managing Director, Kuwait Financial Centre "Markaz", speaks about the anticipated economic gains to follo...