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.... Více
The economic leaders of the European Union held a meeting on Monday in Brussels, citing that euro... Více
Qatar holds reserves worth $340 billion that could prop up the country despite being secluded by... Více
The business confidence index, associated with workers whose jobs are delicate towards the economic... Více
The financial industry of the United Kingdom would likely support an increase of £43bn in its ... Více
The Central Bank of Egypt raised its inflation rates by 200 basis points on Thursday for the second... Více
The economy of China could possibly weaken once again in the second quarter of 2017, slowed down by... Více
The banking regulator in Singapore has announced the extension of the execution of global rules for... Více
The Reserve Bank of Australia made a decision to keep its cash rates unchanged on Tuesday and... Více
The central bank of Denmark has taken into account on a positive note its participation to the... Více
Two of largest countries in the world, Japan and the European Union is scheduled to make an... Více
Factory activity in China improved in June as company reports came in slightly stronger as new... Více
The Japanese Tankan report manifested a positive data as big manufacturers sentiment has exceeded... Více
There is a tendency for the European Central Bank to raise its inflation rate this month as shown... Více
The American economy showed off a slackening performance amid first quarter of 2017 but gained much... Více
The Congressional Budget Office stated via its analysis report last Thursday that the US... Více
The retail sales growth in Japan had slowed down in May versus the previous year, which means that... Více
BoC Governor Stephen Poloz caught the attention of the Canadian market... Více
China is taking into account a free-trade agreement with Mexico which was officially reported from... Více
The International Monetary Fund watered down its economic outlook for the United States due to the... Více
The economy of China has progressed in the second quarter as the corporate profits rose and... Více
A U.S. central banker forewarned that advanced economies and financial institutions in the United... Více
US President Donald Trump and India’s Prime Minister Narendra Modi had clinched the deal in i... Více
ECB President Mario Draghi argued in a statement last Monday that the... Více
Business growth in the eurozone did not meet expectations as it approaches the end of the first... Více
Theresa May, British Prime Minister of Britain, said to the leaders of European Union that EU... Více
The US Senate’s health-care bill has cut billions of dollars worth of taxes from large businesses a... Více
The majority of US stock prices crashed on the back of an ever-worsening bout of slump on both... Více
According to the most recent poll, Chinese economists have a positive outlook regarding the future... Více
Federal Reserve authorities are applying more on a hawkish side on the next rate hike signifying... Více
The Ifo Institute for Economic Research in Germany had revised its projections regarding the... Více
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