Search
Close this search box.

Month: September 2024

Kuwait’s August trade surplus with Japan up 15 pct

Kuwait’s trade surplus with Japan widened 15.0 percent from a year earlier to JPY 76.9 billion (USD 521 million) in August, up for the first time in two months buoyed by strong exports, government data showed on Wednesday.

Kuwait stayed in black ink…

CBK slashes discount rate by 25 basis points to 4 percent

In light of its vigilant monitoring of the domestic and international economic developments and the end of the monetary tightening cycle initiated since March 2022 at most of global central banks, the Board of Directors of the Central Bank of Kuwait …

Japan, UAE to launch FTA negotiations

Japan and the United Arab Emirates (UAE) have decided to launch negotiations for a free trade agreement (FTA), Japanese Foreign Minister Yoko Kamikawa announced Wednesday. In a press conference, minister Kamikawa expressed hope of “concluding an ambi…

Kuwait oil price up 84 cents to USD 74.54 pb

The price of Kuwaiti oil went up by 84 cents to USD 74.54 per barrel on Tuesday as opposed to USD 73.70 pb on Monday, said the Kuwait Petroleum Corporation (KPC) on Wednesday.

The price of the Brent crude and West Texas Intermediate went up respecti…