Challenges in Iraq's Electricity Supply During Summer Baghdad, Iraq - Renowned economist Nabil Al-Marsoumi has indicated that Iraq is likely to encounter significant challenges in maintaining sufficient electricity supply throughout
Recovery of Kuwaiti Nationals: Allegations of Seizure of Public Funds In a recent announcement, Deputy Alia Nassif disclosed the identities of two brothers, Abdul Amir Hassoun Ali Taha and Muhammad
Economy News - Baghdad The Federal Integrity Commission announced the successful apprehension of two individuals involved in the embezzlement of tax trusts from Kuwait. According to the Commission's statement, it
OPEC+ Increases Iraq’s Oil Production Quota The OPEC+ coalition has reached a consensus to enhance Iraq's oil production quota to 4.11 million barrels per day by the end of 2023.
Economic Update: Infrastructure Development in Kuwait The General Organization for Kuwaiti Housing Care has recently announced the successful signing of infrastructure contracts for the South Saad Al-Abdullah city project, totaling
Kuwait Economic Update In 2024, Zain Company of Kuwait reported impressive profits amounting to 207 million dinars, reflecting a substantial increase of approximately 15% when excluding the recurring profits from
Kuwait Launches Unified Smart License Project On Sunday, the Ministry of Trade and Industry in Kuwait officially initiated the first phase of the unified smart license project. This groundbreaking initiative
Economy News Update Aqua Power Saudi Arabia has announced its plans to acquire shares in assets located in Kuwait and Bahrain, with a total investment valued at $693 million, from
Upcoming Joint Technical Meetings Between Kuwait and Iraq The Kuwaiti Ambassador to Iraq, Hassan Zaman, has announced that the joint technical committee meetings between Kuwait and Iraq are set to
Economic Update - Gulf Bank Kuwait Gulf Bank Kuwait reported a net profit of 19.95 million dinars (approximately 64.60 million dollars) for the fourth quarter of 2024, marking a 14.8%