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.... Read More
The U.S. central bank is ambivalent whether to proceed with the interest-rate hikes in the future... Read More
The Republican bloc of the US Senate will be releasing their draft of the healthcare bill this... Read More
The American economy remains optimistic as shown in the All-America Economic Survey by CNBC,... Read More
Japanese manufacturers confidence rating rallied this month reaching the record level high in April... Read More
The EU bloc dominated the first round of Brexit negotiations as UK officials cowered and retreated... Read More
South Korea implemented tighter mortgage rules and adjust speculations regarding the resale of... Read More
Japanese exports had gained higher in May which recorded on its fastest pace two years ago.... Read More
RBA Governor Philip Lowe thinks that the Australian economy will still be able to grow further if... Read More
Prices of oil surged on Friday maintaining its close to six-month lows because of excess supply... Read More
The council of Calgary asked to produce an economic development investment fund (EDIF) that... Read More
As the Bank of Japan will be concluding its two-day meeting on Friday, BoJ Governor Haruhiko... Read More
Australia created additional jobs with a total of 42,000 which exceeded the expectations of 10,000... Read More
The New Zealand economy climbed by 0.5 percent in the first quarter of the year but still lower... Read More
The US Federal Reserve has pushed through with its planned interest rate hike for this month while... Read More
Financiers from Germany shows confidence towards the recovery of the Euro region, however, the UK... Read More
Credit card losses will most likely increase in volume in the United States and all over the... Read More
UK Prime Minister Theresa May has recently appointed a leading anti-EU Tory campaigner as a junior... Read More
Countries, Italy and Qatar decided to maintain their deal regarding close integration on economy... Read More
The Bank of Finland forecast data shows the growth of Finland’s economy as exports recuperated g... Read More
On Friday, the British pound slumped following vague results without a particular party that... Read More
The European Central Bank decided to loosen its monetary policy on Thursday but indicated that it... Read More
Reports indicating China is gaining momentum in the economy as both exports and imports rallied in... Read More
President Donald Trump will be launching the draft of his administration’s training agenda for the ... Read More
The British economy is projected to slow down this 2017 and the following year as it was inundated... Read More
The Goldman Sachs Bank U.S.A. intends to increase its rates on client deposit by 1.2 percent from... Read More
As shown in the official figures, the Australian economy expanded by 0.3 percent in Q1 and gained... Read More
Several high-ranking officials of the US National Security Council will be testifying before a... Read More
Services sector activity of the United States softened last month due to downswing in factory... Read More
Based on the forecast of the EY Scottish item club that the GDP growth will be weak falling below... Read More
In a statement made last Sunday, the World Bank predicted that a possible correction in trade... Read More
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