News Kuwait: Second Fire Hits Kuwait’s Mina al-Ahmadi Refinery, Saudi Downs 29 Drones
Gulf air defenses intercepted and destroyed multiple Iranian missiles and drones targeting civilian sites, energy facilities, and critical infrastructure across the region, officials said Friday, as attacks continued to escalate. In Saudi Arabia, air defenses downed 29 drones over the Eastern Province and Al Jouf. Kuwait’s Mina al-Ahmadi refinery, operated by Kuwait Petroleum Corporation, was targeted by drones for a second consecutive day, while Bahrain said it had faced 382 attacks since the start of the war, intercepting 141 missiles and 242 drones.
News Kuwait: BREAKING: Iran Strikes Kuwait Mina Al-Ahmadi Refinery Again Day After Damaging Qatar’s Ras Laffan Energy Hub
The refinery, which can process some 730,000 barrels of oil per day, was already damaged Thursday in another Iranian attack. It is one of three oil refineries in Kuwait, a tiny, oil-rich nation on the Persian Gulf.
News Kuwait: Kuwait says its Mina Al-Ahmadi refinery again hit in Iranian drone attacks, starting fire
Kuwait said Friday its Mina Al-Ahmadi oil refinery again came under attack by Iranian drones, which sparked a fire at several of its units.The refinery had been hit Thursday, sparking fires.Kuwait said firefighters on Friday were trying to control the blazes and there were no immediate injuries from
News Kuwait: Here is what $100 oil means for Bitcoin network
Research shows that only 8% to 10% of global Bitcoin hashrate runs in oil-sensitive power markets, suggesting that geopolitical shocks may affect BTC prices more than mining costs.
News Kuwait: First Gulf ETF
The Lyxor ETF Kuwait (FTSE Coast Kuwait 40) offers the ability to access the Kuwait market through one single share traded on the London Stock Exchange with an annual total expense ratio of just 0.65% ...
News Kuwait: Kuwait Extends Stock Market Trading Hours, Revises Auction Rules to Boost Liquidity
Kuwait’s stock exchange extended its trading hours by 30 minutes starting Sunday as the Gulf state seeks to enhance liquidity and align with global markets to attract more international investors.
News Kuwait: Kuwait Reroutes Imports via Land and Sea as Air Traffic Suspended
The General Administration of Customs has activated an emergency plan to ensure the uninterrupted flow of goods and essential supplies ...
News Kuwait: Kuwait Issues New Rules Regulating Sale and Consumption of Energy Drinks
The Ministry of Commerce and Industry, Kuwait has issued Ministerial Resolution No. (29) of 2026 introducing strict regulations on the ...
News Kuwait: Middle East’s safest private bank 2026: Kuwait Finance House (KFH)
Safety has always been a central pillar of private banking, but in an era of geopolitical volatility, regulatory scrutiny and increasingly complex cross-border wealth structures, its meaning has ...
News Kuwait: The Role of Natural Gas in Kuwait's Power Evolution
Kuwait is facing challenges with its power system due to heat and aging infrastructure, leading to significant investments in grid reliability and a shift towards natural gas and renewables. While ...
News Kuwait: Kuwait Returns To The Global Debt Market
Political gridlock kept Kuwait out of the sovereign market for eight years. With a multi-billion-dollar issue, it’s back in the game.
News Kuwait: Kuwait Opens Oil Gates As Investment Gains Momentum
Kuwait’s economy is buoyant, but heavy reliance on hydrocarbons and a chronic budget gap are prompting long-term concerns.
News Kuwait: Kuwait Marks Independence, Liberation Anniversaries Amid Record Financial Surpluses
Kuwait celebrated on Wednesday the 65th independence anniversary (National Day) and the 35th anniversary of Liberation Day, marking the country’s liberation from the Iraqi invasion of Aug. 2, 1990. Liberation was achieved on Feb. 26, 1991.
News Kuwait: Preparing The Private Sector: Q&A With Kuwait Financial Centre Markaz CEO Ali H. Khalil
Ali H. Khalil, CEO of Kuwait Financial Centre “Markaz”, speaks to Global Finance about the effects of the Ukraine conflict and advancements in fintech. Global Finance: How are GCC banks affected by ...
News Kuwait: Kuwait in the FATF “Cage”
The Financial Action Task Force (FATF) has placed Kuwait on its list of states under increased monitoring, commonly known as the “grey list.” This designation indicates the presence of potential strategic deficiencies in the country’s system for combating money laundering and terrorist financing, subjecting Kuwait to heightened international scrutiny under a time-bound action plan aimed…
News Kuwait: Employment in Kuwait surges but gender wage disparities persist
KUWAIT CITY, Feb 28: The Central Administration of Statistics report sheds light the number of workers in the State of Kuwait as at the end of the third quarter of 2023, classified according to number ...
News Kuwait: Egis brought in to manage Kuwait’s strategic port project
France’s Egis has won a project management and construction supervision contract for the completion of the first phase of Kuwait’s Mubarak Al-Kabeer Port, which started more than a decade ago.
News Kuwait: Kuwait’s banks brace for property crash
The list of emerging markets that are vulnerable in these uncertain times is a long one. But Kuwait is near the top of it and its banks should be worried. A new report from BCA Research (which is ...
