back Back to news
Economy Politics Country 2026-02-25T04:22:47+00:00

Kuwait Plans $7 Billion Stake Sale in Oil Pipelines

Kuwaiti oil firms negotiate a $7 billion stake sale in pipelines, echoing Saudi Arabia and UAE's strategy.

Kuwait Plans $7 Billion Stake Sale in Oil Pipelines

Three informed sources have revealed that Kuwait Petroleum Corporation is in early-stage talks with a large group of potential investors to sell a $7 billion stake in its crude oil pipelines, following similar moves by Saudi Arabia and the UAE.

Latest news

See all news
Kuwait Passes Digital Trade Law
2026-02-24T20:05:30+00:00

Kuwait Passes Digital Trade Law

Kuwait has issued a new law to regulate the digital trade sector. The law aims to create a secure environment for online business, protect consumer rights, and encourage innovation, contributing to the national digital development strategy.
Economy Politics Country
Zain Group reports 84.3% profit growth in Q4 2025
2026-02-19T04:26:49+00:00

Zain Group reports 84.3% profit growth in Q4 2025

Kuwaiti telecom company Zain Group announced on Wednesday an 84.3% increase in its net profit in the fourth quarter of 2025, reaching 46.727 million dinars (153.08 million dollars).
Economy Country
Kuwait's 2026-2027 Budget Project Expects Deficit
2026-02-11T04:29:03+00:00

Kuwait's 2026-2027 Budget Project Expects Deficit

Kuwait's Ministry of Finance published the budget project for the upcoming fiscal year. According to the document, a deficit of 9.8 billion Kuwaiti dinars is expected, with total revenues amounting to 16.3 billion dinars.
Economy Politics Country
Salama Board Approves Investment Proposal from Ishraq
2026-02-04T10:15:30+00:00

Salama Board Approves Investment Proposal from Ishraq

The Board of Directors of the Islamic Insurance Company 'Salama' has decided to cooperate with 'Ishraq Investment' company. This step is aimed at strengthening market positions and business diversification.
Economy Politics Country