Zain Secures 20-Year Syria Mobile Licence as Gulf Telecom Investment Accelerates
Kuwait's Zain secured a 20-year licence to operate a mobile network in Syria, acquiring MTN Syria's assets as Gulf investment in the country
Kuwait coverage on market moves, fiscal themes, and energy-linked developments shaping sentiment.
Kuwait Signals Confidence in Hormuz Reopening With Rare Petroleum Tender
Kuwait has issued a rare naphtha tender requiring buyers to collect cargoes from its Gulf ports, signaling growing confidence
Kuwait Offers Crude Cargoes After Lifting Force Majeure and Resuming Exports
Kuwait has offered crude oil cargoes for July delivery after lifting force majeure and resuming exports following the reopening of the Strait of Hormu
Kuwait Central Bank Issues KD 50M in 7-Year Treasury Bonds and Tawarruq
The announcement follows a previous issuance on April 29, in which the Central Bank issued treasury bonds and Tawarruq
Kuwait Implements Precautionary Oil Production Cut Amid Rising Risks in Strait of Hormuz
Kuwait cuts oil output as a precaution amid rising threats in the Strait of Hormuz, aiming to protect operations and ensure supply security.
Regional Escalation Halts Trading in Qatar and Kuwait, Freezes Air Traffic as Saudi Market Remains Active
Qatar, Kuwait halt trading and air traffic amid Gulf tensions; Saudi market stays open. Investors shift to safe assets as volatility rises.
KPC Considers $7 Billion Pipeline Stake Sale to Fund Oil Expansion
KPC may sell a $7B pipeline stake to global investors to fund oil expansion, retaining control while raising capital via a leaseback model.
Kuwait's Budget Deficit Widens in 2026-2027 Amid Falling Oil Revenues and Rising Spending
Kuwait's 2026-27 budget deficit widens to KWD 9.8bn as oil revenues fall and spending rises, highlighting fiscal vulnerability and reform needs.
UAE and Kuwait: Strategic Economic Partnership Reaches $14 Billion Annually
UAE-Kuwait trade hits $14B yearly, up 7.6% in 2025. Strong ties include investment, flights, and agreements boosting economic cooperation.
Action Energy Secures KOC Contract Worth KWD 62.1 Million to Supply Drilling Rigs Over Five Years
Action Energy's unit won a KWD 62.1M, 5-year KOC contract for drilling rigs; impact starts Q4 2026, boosting future revenue stability.
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