Financials and Investment News in Kuwait
| 6/2/2022 - His excellency the Deputy Prime Minister, Minister of Oil and Minister of State for Council Affairs, Dr. Muhammad Abdul Latif Al-Fares, headed the State of Kuwait participants in the meeting of The 41... |
| 9/1/2020 - EQUATE Group has published its latest sustainability performance results as it continues on its path to create long-term value and positive change in the communities it serves around the world. The co... |
| 3/4/2019 - State-owned Kuwait Petroleum Corp (KPC) has signed a memorandum of understanding with the British government for up to $3 billion in loans and credit facilities, the company said. ... |
| 7/31/2018 - Kuwait Foreign Petroleum Exploration Company (Kufpec) has signed a $1.1 billion finance deal with a number of banks to help it expand its oil and gas operations, the company’s chief executive said. ... |
| 3/15/2018 - Kuwait Oil Tanker Company said has signed a 140 million dinar ($467 million) financing deal with three local banks for eight oil tankers, state news agency KUNA reported. ... |
| 2/1/2018 - Kuwait’s $508 billion energy spending plan and the prospect for juicy profits from financing it is grabbing the attention of some of the nation’s banks. ... |
| 12/28/2017 - KIPCO – the Kuwait Projects Company (Holding) – has announced that it has successfully completed the issuance of a KD 100 million (US$ 331 million) bond issue. This the first ever seven-year corporate... |
| 10/19/2017 - Oil projects currently carried out in Kuwait would promote value added to oil industry in the country, Sufyan Knoon, Regional Manager of Baker Hughes in Gulf and Turkey, said. Speaking to KUNA on the ... |
| 7/25/2017 - OPEC member Kuwait plans to start trading energy and not just producing it, joining other Middle Eastern producers eager to claw back some of the profit traders like Vitol Group and Glencore Plc earn ... |
| 5/24/2017 - Kuwait National Petroleum Co (KNPC) has signed a $6.25 billion loan with international lenders to back its planned Clean Fuels project, the company announced. The financing was backed by seven export ... |
| 3/13/2017 - Kuwait will support the extension of a global deal to cut oil supply beyond June, the country's oil minister said on Monday as the market needs more time to rebalance. ... |
| 2/13/2017 - Kuwait Petroleum Corp (KPC) expects to spend 35 billion dinars ($114.8 billion) on oil projects in the next five years, its chief executive officer said, adding 30 percent of the amount would be for l... |
| 1/30/2017 - Kuwait plans to list a power and water company this year, as part of plan to overhaul its economy following the slump in oil prices. ... |
| 1/22/2017 - A committee set up to monitor oil output cuts by OPEC and non-OPEC producers will meet next after March 17 in Kuwait, Kuwaiti Oil Minister Essam Al-Marzouq told reporters following the committee's fir... |
| 12/12/2016 - Kuwait National Petroleum Co (KNPC) has selected 10 international banks to provide a loan facility of more than $4 billion to back its Clean Fuels project, banking sources said. ... |
| 12/4/2016 - Kuwait Energy plans to close by the end of this year a reserve-based lending (RBL) loan facility of up to $100 million, sources familiar with the situation said. ... |
| 11/3/2016 - Kuwait Petroleum Corp (KPC) has agreed to sell gasoil and jet fuel under long-term contracts for 2017 at nearly half the premiums of what it sold in 2016, traders said. ... |
| 10/16/2016 - Kuwait National Petroleum Co (KNPC) expects to finalize a loan of well over $5 billion to finance its Clean Fuels project by the end of the first quarter of next year, sources involved in the project ... |
| 9/27/2016 - Kuwait’s Equate Petrochemical Co. has hired banks for a potential bond issue of as much as $3 billion, according to two people with knowledge of the deal. ... |
| 3/14/2016 - Kuwaiti Finance Minister Anas al-Saleh told a press conference that the country would seek to privatise some state-owned projects, including airports, ports and some facilities of the Kuwait Petroleum... |
