Business

Kuwait, Turkiye eye closer economic, investment ties

Kuwait’s Finance Minister and Minister of State for Economic Affairs and Investment Dr. Nora Al-Fassam held talks on Thursday with her visiting Turkish counterpart Mehmet Simsek, focusing on efforts to ratchet up bilateral relations.

Citing a raft of…

Production concerns drive oil prices up to $77.78 per barrel

Oil prices rose more than one percent on Thursday, supported by higher fuel demand as a major storm swept through Florida and concerns about possible disruptions to Middle East supplies.

By 13:30 GMT, Brent crude futures rose $1.2, or 1.6 percent, to…