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Kuwait Bourse Records Gains with All Share Index Rising Over 1%

Kuwait: Kuwait Bourse closed higher on Monday, with the All Share Index gaining 96.62 points, or 1.14%, to 8,540.71 points.

According to Qatar News Agency, a total of 285.9 million shares valued at KWD 72 million (roughly $234.9 million) were traded…

OPEC+ Approves 206,000 bpd Output Hike

Vienna: The eight member countries of the OPEC+ group, including Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman, have approved an adjustment in production levels, increasing output by 206,000 barrels per day (bpd). This adjustm…

GCC Sees Surge in Renewable Energy

Doha: Gulf states recorded a sharp rise in renewable energy output in 2024, driven by rapid expansion in solar and wind capacity, according to a GCC Statistical Center’s report. The report highlighted major shifts in climate and sustainability efforts…