Kuwait has secured its place as one of the top countries with the cheapest gasoline prices worldwide, ranking 7th out of 170 ...

BlackRock Inc. is exploring plans to open an office in Kuwait, according to people familiar with the matter, marking the asset manager’s latest effort aimed at deepening ties to the oil-rich region.

With a population of around 4.45 million as of 2022, Kuwait is a Western Asian country near the Persian Gulf. It is an oil-rich nation with beautiful cityscapes, scorching heat, and significant ...

BlackRock Inc., the world's largest asset manager, is reportedly considering establishing an office in Kuwait, signaling its intent to deepen tie ...

President Donald Trump’s executive order to create a plan for a U.S. sovereign wealth fund would follow those of Norway, ...

Kuwait’s oil production capacity now exceeds 3 million barrels per day (bpd), Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Saud al-Sabah said on Tuesday. The country’s oil production ...

KUWAIT CITY, Jan 21: The CEO of Kuwait Petroleum Corporation (KPC) Sheikh Nawaf Al-Saud Al-Sabah says Kuwait is one of the most important oil producers in the world, and the new offshore oil discovery ...

The price of Kuwaiti oil went down by 49 cents to USD 83.09 per barrel (pb) on Tuesday, compared with USD 83.58 pb the previous day, said the Kuwait Petroleum Corporation (KPC) on Wednesday. At the ...

DUBAI, Jan 20 (Reuters) - Kuwait Oil Company said it has made a discovery "of large commercial volumes of hydrocarbons" at Al-Jlaiaa offshore field estimated at 800 million of medium-density oil ...

Kuwait possesses some of the world's largest crude oil reserves, enabling abundant and cost-effective domestic fuel production. Its rich oil fields and efficient infrastructure contribute to low ...