ACICO Group, a full-service, multi-sector construction group, has announced solid results for the first quarter of 2026 registering a 23% growth in its operating revenues, thus reflecting robust growth despite the geopolitical conditions affecting the region and the resulting operational and market challenges.
Kuwait-based budget carrier Jazeera Airways said its board has decided to defer a dividend decision for FY 2025, citing uncertainty linked to the Middle East conflict. The move is intended to provide greater clarity on evolving conditions, including the timeline for operational normalisation in the country.
The Kuwait Ministry of Electricity, Water and Renewable Energy announced that two power and water desalination plants were targeted by an Iranian drone attack early on Sunday morning (April 5)
Kuwait’s leading low-cost carrier Jazeera Airways has announced the successful launch of its first flight to Kathmandu, Nepal, via the King Fahad International Airport in Dammam.
The GCC projects market experienced a slowdown in the first quarter due to the Middle East conflict with the total value of contracts plunging 9.7% to $61.2 billion, according to a report. This contraction was driven largely by a substantial downturn in contract awards within Saudi Arabia and UAE.
A consortium of India-based VA Tech Wabag, a global leader in water and wastewater treatment solutions, and Heavy Engineering Industries and Shipbuilding Company (Heisco) has been awarded a KD114.2 million ($370 million) contract for a major seawater reverse osmosis (SWRO) desalination plant in Kuwait.
Kuwait has announced the reopening of airspace at Kuwait International Airport starting from Thursday evening.
HFCL has introduced its IO portfolio in Kuwait through Alghanim Engineering, expanding advanced communications solutions to support key sectors such as oil and gas and utilities.
United Gulf Construction Company, a multi-disciplinary contracting firm, has secured a key utility infrastructure project contract in Kuwait. The scope of work includes the construction and maintenance of a new water distribution complex in the Hawalli area, along with other associated works.
Kuwait has declared force majeure on shipments of crude oil and refined products after a blockade of the Strait of Hormuz prevented some vessels from entering the Persian Gulf, hindering its ability to meet certain customer commitments, Bloomberg News reported.
