Kuwait pavilion wins four awards at the Expo 2025 Osaka

Kuwaiti pavilion at the Expo 2025 Osaka OSAKA, Oct 15: Kuwait's Pavilion at Expo 2025 Osaka has earned global recognition, clinching four prestigious awards from Exhibitor magazine, a leading U.S. publication specializing in international...

Kuwait oil project bid comes in $42m over budget

India’s Larsen & Toubro Energy Hydrocarbon submitted the lowest bid of $990m for the Kuwait Oil Company tender Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old...

SEB Expects OPEC to Cut Production Soon

In a report sent to Rigzone by the Skandinaviska Enskilda Banken AB (SEB) team on Tuesday, SEB Chief Commodities Analyst Bjarne Schieldrop outlined that SEB expects the OPEC group to cut production soon. “We … expect OPEC to implement cuts to...

NCC lands contract for 132/11kV substation projects in Kuwait

Kuwait's Public Authority for Housing Welfare (PAHW) has announced that it has awarded a key contract worth KD42.8 million ($139.2 million) to National Contracting Company for the construction of a 132/11kV substation within South Sabah Al Ahmad...

Middle East under drought pressure: Agricultural production sounding the alarm

- Problems caused by climate change in the Middle East - The impact of decreasing water resources on agricultural production - The pressure of drought on agricultural activities in the Middle East - Farmers trying to maintain their production...

Council approves major overhaul to hotel building regulations in Kuwait

KUWAIT CITY - Chairwoman of the Technical Committee at the Municipal Council Munira Al-Amir announced that the committee has completed its review and approval of proposals to amend the building regulations, which are related to the requirements...

Qatar participates in preparatory meetings for GCC commerce, industry undersecretaries

MoCI Undersecretary, H E Mohammed bin Hassan Al-Malki, during his participation in the meeting, yesterday. Doha, Qatar: Undersecretary of the Ministry of Commerce and Industry (MoCI), H E Mohammed bin Hassan Al-Malki, participated in the...

Expats elated as Kuwait’s new visa rules spur tourism surge

KUWAIT: Kuwait’s sweeping changes to its entry system are fueling a surge in visitor numbers, positioning the country to capture regional travel demand and family reunions this winter. As the summer fades, experts say the reforms will attract a...

Kuwait enters data-driven era

KUWAIT CITY, Oct 15: The local real estate sector is witnessing qualitative transformation due to the increasing use of the modern language of artificial intelligence (AI) technologies. Artificial intelligence has become a vital tool in redrawing...

Industry now a key pillar in economic diversification: Kuwaiti official

The 47th preparatory meeting of Undersecretaries of Ministries of Industry of the Gulf Cooperation Council (GCC) countries KUWAIT CITY, Oct 15: The industrial sector has become a crucial engine for economic diversification and a foundational...

Kuwait announces major natural gas discovery at Al-Jazah offshore field 

Kuwait Oil Company (KOC), a subsidiary of Kuwait Petroleum Corporation (KPC), has announced a new natural discovery in the Al-Jazah offshore natural gas field. The Minagish formation in Kuwait achieved the highest production rate from a vertical...

Kuwait tenders oil field electrification works

State-owned upstream operator Kuwait Oil Company has issued a tender for the construction of new electrical infrastructure at the Bahra oil field Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA...

Oil and gas industry ‘needs more investment’

Opec secretary general Haitham Al Ghais reiterated yesterday that more investment is needed in oil and gas, saying oil will continue to account for about 30 per cent of the global energy mix by 2050. A growing economy, population growth and...

Kuwait makes major offshore gas discovery

The new reserve holds an estimated 1 trillion cubic feet of gas Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project news,...

‘Be Kuwaiti, promote local items in co-ops’

KUWAIT CITY, Oct 15: Chairwoman of the Union of Consumer Cooperative Societies Maryam Al-Awad affirmed that cooperative work in the country is based on economic, social and productive foundations, not making profits, as some believe. In a...

Council OKs major overhaul to hotel building regulations in Kuwait

Munira Al-Amir, Chairwoman of the Technical Committee at the Municipal Council KUWAIT CITY, Oct 15: Chairwoman of the Technical Committee at the Municipal Council Munira Al-Amir announced that the committee has completed its review and approval of...

Australian red meat industry records strong growth in 2024, report shows

AUSTRALIA – Australia’s red meat and livestock industry has entered 2025 from a strong position, achieving record growth in production and exports despite tough seasonal conditions, according to Meat & Livestock Australia’s (MLA) latest State of...

Oman, Kuwait leaders discuss expanding economic cooperation

His Majesty Sultan Haitham bin Tarik held a meeting with Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, Emir of the State of Kuwait, at Al Barakah Palace on Tuesday to discuss strengthening bilateral relations and expanding economic cooperation. The...

Funding Arrangements For JHH Re-Construction Now Complete

- Advertisement - Saint Lucia – The Government of Saint Lucia will sign an agreement next week with the OPEC Fund for International Development. The monies will partially finance the cost of planned construction work along the Julian Hunte Highway...

Kuwait Fund seals $12.8mln road deals for Belize, Saint Lucia

WASHINGTON - The Kuwait Fund for Arab Economic Development (KFAED) signed two loan agreements with Belize and Saint Lucia on the sidelines of the World Bank Group meetings taking place this week in Washington, with Kuwait’s participation. In a...