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January 22, 2016 at 12:56

Fish becomes costlier than oil in Kuwait

Brown Spotted Grouper fish
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Kuwait City: Deputy Director General of Kuwait Institute for Scientific Research (KISR) Dr Abdulhamid Al-Hashim disclosed that the fish stock in Kuwait has declined by 80 percent in recent times compared to the previous years, reports Al-Anba daily. He noted some fish species are in danger of extinct due to excessive consumption and environmental changes, citing brown-spotted grouper and silver pomfret.

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January 22, 2016 at 07:10

Kuwaiti oil barrel lost USD 90 since June 2014

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Kuwait: A Kuwaiti oil analyst said that Kuwaiti oil barrel has lost more than USD 90 of its price, dropping below USD 20 for the first time since January 2002.

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January 11, 2016 at 09:31

Oil prices hit lowest in 12 years - NBK report

 Oil prices hit lowest in 12 years
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Kuwait: Oil prices have continued their prolonged slide reaching their lowest level in twelve years, according to a report by the National Bank of Kuwait (NBK) on Sunday. The Crude has tumbled by more than 30 percent since OPEC held its production ceiling at 30 million barrels per day last November, the NBK said in its weekly Money Market Report.

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January 10, 2016 at 07:17

Ministry acts to prevent prices increase when subsidies lifted

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Kuwait: Minister of Commerce and Industry Yousuf Al-Ali reviewed his ministry’s plan with the ministerial economic committee to control prices if subsidies are lifted and fuel prices are increased. Ali stressed that strict measures would be taken to prevent any unjustified price increases and that special inspection teams would be deployed in various markets and outlets to monitor prices.

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December 16, 2014 at 10:54

Kuwait Customs foils attempt of smuggling diesel

Kuwait Customs foils attempt of smuggling diesel
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An attempt to smuggle diesel from Kuwait's Shuaiba Port to the UAE was foiled Monday, Kuwait General Administration of Customs announced.

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December 6, 2014 at 11:40

GCC Nations must prepare for oil, gas ‘post era’: Al-Zayani

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‘Four-Party Meet Discusses Oil Investments In Egypt’

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