Business

Heavy industries wins tender for American Army

The Heavy Engineering Industries and Shipbuilding Company declared on Monday it received a letter from the American Army affirming that it won a tender for marine constructions works at a value of KD 7.33 million (USD 25.6 million).The company said in …

CBK supplies local banks with new banknotes ahead of Eid

The Central Bank of Kuwait (CBK) said Saturday it provided the local banks with new banknotes of various grades to meet the needs of citizens and residents in the run-up to Eid Al-Fitr.People who would like to get new Kuwaiti Dinar banknotes can check …

OPEC: Iraq recorded a small increase in its oil production in March

“OPEC” announced today, Saturday, that Iraq recorded a small increase in its oil production last March, based on the secondary sources that the organization relies on.The Organization said in a report, that “the production of oil by the 13 member state…

Kuwait oil price up USD 3.23 to USD 110.41 pb

The price of Kuwait oil went up by USD 3.23 to USD 110.41 per barrel on Thursday, compared with USD 107.18 the day before, said the Kuwait Petroleum Corporation (KPC) on Friday.The Brent crude rose by USD 2.92 to USD 110.70 per barrel, and the West Te…