Kuwait Petroleum Corp. (KPC) intends to invest about 10 billion Kuwaiti dinars ($33 billion) over five years to increase oil production. According to CEO Sheikh Nawaf Al-Sabah, the company plans not only to maintain the current capacity, but also to significantly increase it in accordance with strategic goals.According to Nawaf, Kuwait's forecast for stable oil demand until the middle of the century coincides with the expectations of such major market players as TotalEnergies SE and Vitol Group.... اقرأ أكثر
The extension of production output cut from big oil producing countries caused the oil prices to... اقرأ أكثر
Applications for U.S unemployment benefits had fallen circumstantially during the previous week,... اقرأ أكثر
The Trump administration has already started the first part of its renegotiations with regards to... اقرأ أكثر
The Malaysian economy gained momentum during the first quarter which is anticipated to be reflected... اقرأ أكثر
The Australian currency was able to enter again the positive grounds followed by an increase in... اقرأ أكثر
The Trump administration has recently informed its senators that it is now considering enforcing... اقرأ أكثر
The household debt climbed to an all-time high that affects spending and inflation that moved... اقرأ أكثر
Brazil’s central bank is interested in implementing regulations to the FinTech sector to provide s... اقرأ أكثر
The April reading for the US industrial production data recorded a significant surge compared to... اقرأ أكثر
Talks between Australia and Hong kong are set to discuss the free trade agreement and negotiate... اقرأ أكثر
Aside from the victory of Portugal in the Eurovision Song Contest, its economy accelerated at its... اقرأ أكثر
The International Monetary Fund says that Germany should consider loosening up and boost its... اقرأ أكثر
The export data of Thailand for first quarter moved at its most rapid “quarterly pace” in the ... اقرأ أكثر
A highly positive retail sales data for the US economy has further reaffirmed speculations that... اقرأ أكثر
The economy of China further provided below-expected results of its economic indicators as the... اقرأ أكثر
For the first quarter of 2017, the German economy is performing well, pushed by construction... اقرأ أكثر
In a data released by the United Nations Economic and Social Survey of Asia and the Pacific earlier... اقرأ أكثر
India’s inflation rate narrowed down because of lower food prices for the month of April. However, t... اقرأ أكثر
The household debt of Ireland had collapsed for more than 20 times which appeared to be much apace... اقرأ أكثر
ECB’s Mario Draghi and Dutch lawmakers from The Hague are now in conflict following discussions on ... اقرأ أكثر
The International Monetary Fund issued a regional forecast for India this month and predicted that... اقرأ أكثر
The Bitcoin attained a record high on Tuesday because of an upsurge demand for crypto-assets and... اقرأ أكثر
President Trump has fired FBI Director James Comey yesterday in a sudden turn of events in the... اقرأ أكثر
The common European currency tumbled on Monday from its highs due to the triumph of centrist wing... اقرأ أكثر
The US economy’s long-term interest rates could be in for an upward pressure in the long haul as t... اقرأ أكثر
Both imports and exports of China soared in April but were below expectations of analysts since... اقرأ أكثر
Khalid Al-Falih, oil minister of Saudi Arabia showed confidence with regards to the deal to limit... اقرأ أكثر
The US Labor Department has released its US job report for April, wherein it indicated that... اقرأ أكثر
The central bank of Australia made some slight changes in its GDP rate and inflation projection... اقرأ أكثر
The growth of annual exports in March has been sluggish as shown in the government data released on... اقرأ أكثر
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