Kuwait's leading low-cost carrier Jazeera Airways has added two more new Indian destinations to its network - Vijayawada and Lucknow, further expanding its footprint across the country. With this latest expansion under Project Vande Bharat, Jazeera now serves a total of 14 Indian cities.
Partners Group, one of the largest firms in the global private markets industry, has announced the appointment of Abdullah Alshamlan as its new Head of Kuwait. The appointment follows the firm’s recent announcement regarding its office opening in Kuwait, the application process for which is underway.
Kuwait Financial Centre (Markaz) has announced that the Al Nada Tower, a key residential building owned by its real estate fund MREF, has achieved LEED Gold certification. This comes as part of its broader strategy to strengthen sustainability and operational frameworks across its real estate portfolio.
Kuwait has announced plans to develop six underground reservoirs in Al Na’eem region of the country, each with a capacity of 100 million imperial gallons. The move comes as part of its broader strategy to expand strategic water reserves and ensure supply during peak demand periods.
Kuwait has raised the official selling price for Kuwait Export Crude to Asia in May to $17 a barrel above the average of Oman/Dubai quotes, a price document reviewed by Reuters showed.
Jazeera Airways announced the relaunch of three weekly flights to Dhaka, restoring connectivity between Kuwait and Bangladesh and marking the first active air link between the two countries during the current period of disruption.
Jazeera Airways added four Indian destinations—Kozhikode, Tiruchirappalli, Mangalore, and Kannur—expanding to 12 cities with 49 weekly flights under Project Vande Bharat, strengthening connectivity as the only airline operating from Kuwait to India.
The Transport General Authority (TGA) launched two new bus routes linking Al-Khafji and Al-Ruqai border crossings with King Fahd International Airport and Qaisumah International Airport, serving travellers entering or returning from Saudi Arabia via Kuwait.
The Kuwait army has reported fuel tanks belonging to Kuwait International Airport were targeted in a drone attack.
Crude oil supplies from Iraq and Kuwait could start shutting in within days if the Strait of Hormuz remains closed, potentially cutting 3.3 million barrels per day (bpd) by day eight of the Middle East conflict, JP Morgan analysts said in a note.
