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.... Read More
The economy of Argentina beefed up by 1.6% during the month of December compared with last month... Read More
The Dow Jones Industrial Average Index (DJIA) has recently recorded another all-time high for the... Read More
The economy of India is projected to fell nearly three-year low for the last three months of the... Read More
The greenback declined versus other major currencies on Thursday because of the absence of... Read More
Contrary to the general market sentiment, the FOMC is not so keen on raising interest rates this... Read More
Business investments in Australia dropped for the fourth straight quarter as miners lessened while... Read More
A couple of years later the negative growth in the economy of Venezuela continues which brought... Read More
Financial authorities in China have allocated billion of dollars in tax downsizing and penury aid... Read More
The sovereign states, Britain and Singapore held yesterday the renewal of their bilateral ties... Read More
Donald Tsang, the ex-chief executive of Hong Kong, has just been charged with grave misconduct... Read More
Brazil lowered its inflation rate less than 5 percent halfway February for the first time since... Read More
Policymakers in the UK are pressuring UK PM Theresa May to increase transparency with regards to... Read More
Crude oil prices stayed in the holding pattern as it awaits for a much clearer data regarding the... Read More
Emergings markets are attracting more investors to invest in infrastructures hoping for higher... Read More
Greek people have withdrawn money from their accounts which exceed to £2billion as they fear the ... Read More
European stocks finally ended its rallying streak and dropped significantly for the first time in... Read More
Thailand’s economy recorded its slowest growth rate in over a year during the previous quarter as t... Read More
Based on the Family Spending Survey led by the Office for National Statistics (ONS), the households... Read More
Singapore’s economy advanced at a quicker rate in the past three months of 2016 which is more than e... Read More
The Bank of England re-evaluated its proposal to revise the lending rate benchmark for interbank... Read More
Kazakhstan intends to provide 2.1 trillion-tenge ($6.5 billion) worth of government budget in... Read More
The US dollar was able to reverse its losses and reach its highest value for this month as Fed... Read More
The central bank of Japan intends to end its massive stimulus program by slowing asset purchases... Read More
The economy of Italy gained 0.2 percent growth during Q4 in 2016, this result was relatively lower... Read More
The USD lost its strength against other major currencies prior to the testimony of Fed chair Janet... Read More
The European Commission (EC) projected that the British economy will have a large decline for the... Read More
Japanese stocks dropped and shifted the market’s focus from a global rally after US benchmarks r... Read More
Producer price inflation in China has reached figures higher than expected bringing the price close... Read More
The European Central has been accused of altering the Euro exchange rate and this is being negated... Read More
Asian stocks rallied across the globe as investors anticipated the release of data which will... Read More
