The dinar hit new lows on Friday, reaching about 1,670 to the dollar. The currency has lost nearly 7 per cent of its value since mid-Novemb...

Amid volatility in oil prices, many of the region's countries have been seeking to diversify their economies away from dependence on fossil...

The rating agency said the outlook change reflects near-term liquidity risk associated with the imminent depletion of liquid assets in the ...

The company saw its profit halve in the first nine months of the year to 31.5 million dinar ($103 million), while revenue was flat at 1.17 ...

The jihadists have amassed a war chest of millions of dollars, partly through collecting taxes and by seizing oil refineries.

A foreigner, having 500,000 Kuwaiti Dinar (over Rs 10 crore) in his bank account, has been arrested by Kuwait police for allegedly begging.

The statement further clarified that the submission of 720 Dinars bank guarantee by a sponsor in Kuwait is not a commercial transaction.

An analysis of foreign exchange rates across the world shows that Kuwaiti dinar is the most expensive against the rupee at current level of...

The Manohar Parrikar-led Public Accounts Committee (PAC)has pointed out to certain illegalities by state Congress leader Dinar Tarcar.

UAE telecom giant Etisalat has offered to buy a 46 percent stake in Kuwait's leading mobile operator Zain in a deal estimated at 10.5 billi...

Kuwait's Zain telecom announced Thursday a 39.4 percent slump in net profits for 2009 due to fallout from the global economic downturn and ...

The race to buy Kuwaiti telco Zain took yet another twist on Sunday with a local investment firm in that Arab country stating that it plane...

Kuwait on Sunday launched an initial public offering (IPO) for the emirate's third mobile phone company which is expected to start operatin...

Around 2,100 Asian workers, including 1,900 Indians, employed with a major construction company in Bahrain, continued their strike for the ...

Kuwait allowed its dinar to appreciate 0.4% against the dollar in its second revaluation this year.

Kuwait unshackled its dinar from the tumbling US dollar on Sunday and switched the exchange rate mechanism to a basket of currencies, throw...

The fleet replacement and restructuring programme is expected to be completed in the beginning of 2009.