Wealthy Gulf nation Kuwait is set to borrow for the first time in almost a decade, raising hopes that the petrostate will ...

Kuwait has approved a new financing and liquidity law, enabling it to borrow up to $97.3 billion to fund projects aimed at ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

Kuwaiti oil price increased 14 cents to reach US$77.54 per barrel during Thursday's trading compared to Wednesday's US$77.4, reported Kuwait Petroleum Corporation (KPC) on Friday.In global markets, ...

The price of Kuwaiti oil went up by four cents to US$77.40 per barrel (pb) on Wednesday, compared to US$77.36 pb the previous day, the Kuwait Petroleum Corporation (KPC) said on Thursday.On global ...

Kuwaiti oil price rose 89 cents to USD 76.60 per barrel in Friday's trading compared to Thursday's rate of USD 75.71 pb, ...

The budgets for various government entities for the 2025/2026 fiscal year are as follows: National Assembly: KD 33,843,000 ...

Decree- Law No. 14/2025 has been issued to define the budgets of ministries and government departments for the 2025/2026 ...

Kuwaiti oil price rose 71 cents to USD 75.06 per barrel in Monday's trading compared to Friday's USD 74.35 pb, reported ...

Deputy Chairman of the Board and CEO of Kuwait Petroleum Corporation (KPC) Sheikh Nawaf Saud Al-Nasser Al-Sabah headed th ...

Middle Eastern OPEC+ producers are exporting record volumes of refined petroleum products, potentially mitigating the impact ...

In January 2024, Khaled Al-Sabah, CEO of Kuwait Petroleum Corporation (KPC), unveiled an ambitious $30 billion investment plan aimed at boosting the emirate’s oil production capacity by 40%. The ...