A week ago, Kuwait Oil Company (KOC) announced a significant discovery of light oil and associated gas in the offshore Al-Nokhatha field. Kuwait has revealed ambitions to nearly double its oil output ...
Kuwait is enjoying high hydrocarbon prices, but the lack of reforms weighs heavily on the oil-rentier’s economic outlook. Late in January, Jasem Albudaiwi was appointed secretary general of the Gulf ...
A historically strong banking system has been conservative in its approach to tech innovation, but that’s changing. Over the years, Kuwait’s central bank (CBK) has been dynamic in promoting sound ...