Basra heavy and medium crude oil recorded losses for the second week in a row, as global oil prices recorded the second weekly decline in a row by about 3%.

Basra Heavy crude closed in its last session, yesterday, Friday, with a decrease of $1.09, re…

The head of the National Investment Commission, Haider Makiya, announced today, Friday, that 100 investment opportunities will soon be offered to international companies throughout Iraq’s governorates.

Makiya said in a statement: ‘The National Invest…

Oil prices fell this evening, Friday, by more than two dollars with renewed hopes for reaching a ceasefire in the Gaza Strip, and the rise in the dollar also contributed to increasing pressure on prices.

Upon settlement, the price of Brent crude fell…

Shares of the American company Crowdstrike declined at the beginning of early trading today, Friday, by 21%, meaning that about a quarter of its market value evaporated within a few minutes of the start of trading.

The sharp decline in CrowdStrike sh…

Kuwait’s Finance Minister and Minister of State for Economic Affairs and Investment, Dr. Anwar Al-Mudhaf, discussed on Friday enhancing cooperation in the electricity and renewable energy with commissioner-general of China’s representative office in t…

Kuwaiti local banks have business sustainability plans for crisis response and recovery to curtail adverse impacts on digital infrastructure and banking services, reassured Kuwait Banking Association (KBA) on Friday.

In a press release, the KBA said …

Services provided by the Central Bank of Kuwait (CBK) are uninterrupted because of the global IT glitch, the bank affirmed on Friday.

In a press release, the CBK revealed that the national banking sector was resilient in its response despite the outa…