Business

Kuwait oil dips by USD 5.16 to USD 110.96 pb – KPC

The price of Kuwaiti oil plunged by USD 5.16 to USD 110.96 per barrel on Wednesday, compared with USD 116.12 pb a day earlier, said the Kuwait Petroleum Corporation (KPC) on Thursday.Globally, Brent crude plummeted by USD 2.91 to USD 111.74 pb, as the …

GCC, UK commence talks for free trade agreement

The Gulf Cooperation Council (GCC) Secretary General Dr. Nayef Al-Hajraf and UK International Trade Secretary Anne-Marie Trevelyan announced on Wednesday the launch of negotiations for a free trade agreement between the regional bloc and the European i…