KUWAIT, Chief of Organization of Arab Petroleum Exporting Countries, Jamal Al-Loughani, stated that the 25th conference on the fundamentals of the oil and gas industry addresses the accelerating developments in the field through directly and indirectl…
Day: 23 April 2024
Kuwait’s KIPCO eyes investment boom amid expansion plans
KUWAIT, Kuwait Projects Company (KIPCO) plans to focus on investment growth as the cornerstone of its future plans and endeavors, the chief executive of the country’s largest listed investment firm Sheikha Adana Al-Sabah said on Tuesday.
KIPCO is har…
NBK reports KD 146.6 mln in 1Q net profits
KUWAIT, National Bank of Kuwait (NBK) has reported a net profit of KD 146.6 million (USD 476.8 million) in the first quarter of 2024, compared to KD 134.2 million (USD 436.6 million) for the corresponding period in 2023, improving by 9.2 percent year-…
Two Malaysian Navy helicopters collide, 10 killed
KUALA LUMPUR, Two Malaysian navy helicopters collided mid-air, killing all 10 crew members, in Lumut in Malaysia’s western state of Perak, on Tuesday.
In a press statement, Malaysian Minister of Defense Khaled Nordin explained that the tragic inciden…