The Business Times

Kuwait

Companies & Markets

Goldman Sachs opens Kuwait office to expand Middle East presence

The wealth fund’s backing goes back to January 2008 when it injected US$2 billion into the troubled Merrill Lynch, then reeling from losses tied to subprime mortgages.
Banking & Finance

Bank of America loses crisis-era backer after Kuwait sells US$3 billion stake

The move would unlock a market that could eventually reach a value of US$65 billion.
Property

Kuwait set to allow banks to offer mortgages for the first time

FILE PHOTO: QatarEnergy CEO and Qatar's Minister of Energy Saad al-Kaabi speaks during a news conference after a signing ceremony as QatarEnergy joins TotalEnergies and Eni to explore Lebanon's offshore oil and gas, in Beirut, Lebanon January 29, 2023. REUTERS/Mohamed Azakir
International

Qatar strikes another 15-year LNG supply deal with Kuwait

Despite a 115 per cent jump in revenue from 2021, Kuwait Airways posted a net loss of 55 million dinars (S$236.33 million) for 2022. It expects to break even by the end of 2024.
Companies & Markets

Kuwait Airways annual revenue up 115% from 2021, says chairman

Kuwait Airways says to buy 31 Airbus jets in US$6b deal
Companies & Markets

Kuwait Airways says to buy 31 Airbus jets in US$6b deal

Opec names Kuwait oil executive as secretary-general
Energy & Commodities

Opec names Kuwait oil executive as secretary-general

Gulf bourses dive as virus hits oil price
Capital Markets & Currencies

Gulf bourses dive as virus hits oil price

Kuwait, Bahrain announce first coronavirus cases
International

Kuwait, Bahrain announce first coronavirus cases

Kuwait expects neutral zone oil pact with Saudis soon
Energy & Commodities

Kuwait expects neutral zone oil pact with Saudis soon

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