Latest news and articles about Kuwaiti economy from NEX English
Kuwait has announced the launch of its first local business platform aimed at enhancing economic activity and supporting entrepreneurs. This initiative is part of the government's efforts to foster innovation and create a conducive work environment.
Kuwait Oil Company reported a fire at its headquarters following a drone attack late yesterday. The incident has raised significant concerns about the security of vital facilities in the country.
The price of Kuwaiti oil has seen a significant increase of <strong>$8.10</strong>, reaching <strong>$118.93</strong> at the close of trading on Friday. This rise reflects the considerable volatility in global oil markets influenced by various factors.
The Shuwaikh port in Kuwait was targeted by hostile drones, resulting in material damage but no reported injuries. The Kuwait Ports Authority confirmed the incident via social media.