Business

Kuwait oil price rises to USD 118.98 pb

Kuwait oil price rose by USD 1.40 to USD 118.98 per barrel on Monday against USD 117.58 pb on Friday, Kuwait Petroleum Corporation (KPC) said on Tuesday.In international markets, forward Brent crude contracts climbed 87 cents to settle at USD 113.42 a…

Kuwait’s April trade surplus with Japan up 82.7 pct

Kuwait’s trade surplus with Japan surged 82.7 percent from a year earlier to JPY 82.0 billion (USD 638 million) in April, up for the 13th consecutive month thanks to high export bills, thanks to robust exports, government data showed Thursday.Kuwait po…

HEISCO wins USD 6.4 mln tender from Ministry of Electricity

Heavy Engineering Industries and Shipbuilding Company (HEISCO) announced Thursday its winning of KD 1.8 million (USD 6.4 million) tender for the benefit of the Ministry of Electricity and Renewable Energy.In a disclosure published on Kuwait Stock Exch…