Browsing Category
The Watch
Saudi Arabia to Provide Yemen Two-Month Fuel Supply
Saudi Arabia is to give Yemen refined oil products to cover its needs for two months. The kingdom has repeatedly…
OCI Gains Most in 3 Weeks on Gavilon Deal
Orascom Construction Industries (OCIC) rose the most in three weeks after posting the highest amount in building…
Kuwait’s Crude Oil Exports to China Jump 49.8%
Kuwait's crude oil exports to China jumped 49.8 percent in February from a year earlier to 962,000 tons, equivalent…
Yen Weakens, USD Rebounds
Yen weakened against the dollar and most of its major counterparts ending its recent rise as Japanese importers…
Euro Hikes against Dollar amid German Ifo Business Confidence Rise
The euro rose against the dollar while German Bund futures pared gains on Monday as a survey showed German business…
Juhayna Distributes Dividend of L.E 0.15 Per Share
Juhayna Food Industries (JUFO)’s Ordinary General Assembly decided to distribute a dividend of L.E 0.15 a share for…
Officials Confirm ExxonMobil Operations in Kurdistan
Government officials in the Kurdistan Region say that American oil giant Exxon Mobil continues to work in the…
Zynga Founder, Others to Sell 43 Mln shares
Zynga's CEO and other insiders at the online games company plan to sell 43 million shares of stock in a public…
USD Exchange Rate Drops against Kuwaiti Dinar
Exchange rate of the US dollar against the Kuwaiti dinar dropped to KD 0.277 ($ 1), whereas the euro stabalised at…
25 Bln Barrels of Heavy Oil in Kuwait & Saudi Wafra Oilfield
International oil expert, Dr. A. Hamid Majid, affirmed that huge reserves of heavy oil exist in the Wafra oilfield…