Leading Kuwaiti low-cost carrier Jazeera Airways has marked another major milestone by simultaneously relaunching flights to six Indian cities from Kuwait via Qaisumah Airport (AQI) in Hafar Al Batin, Kingdom of Saudi Arabia under Project Vande Bharat during these challenging times.
Alghanim Industries (Kutayba Alghanim Group) has announced the official launch of Starlink services in Kuwait through its technology venture Sama X, bringing SpaceX’s satellite internet network and the world’s largest constellation of low Earth orbit satellites to customers across the country.
Kuwait-based Heavy Engineering Industries and Shipbuilding Company (Heisco) and Shanghai Electric Group are the sole bidders for the Al Subiya Power Generation and Water Distillation Station upgradation project work with the Chinese group emerging as the lowest bidder.
Saudi Arabia has curtailed its crude oil production by an estimated 2 million to 2.5 million barrels per day, while the UAE has reduced output by approximately 500,000 to 800,000 barrels daily, Bloomberg reported.
The Pentagon said Tuesday about 140 US service members have been wounded in the conflict with Iran giving the first insight into the broader toll of injuries sustained by US troops after a barrage of retaliatory rocket and drone strikes from Iran that also killed seven soldiers in Kuwait and Saudi Arabia.
Kuwait's real estate sector has recorded solid growth in FY 2025 with the Q4 property sales reaching record levels, supported by a significant increase in residential sales and robust commercial sales. For the full year, the sales came in at KD4.4 billion ($14.3 billion), said a report.
Global technology company SLB has announced that Kuwait Oil Company has awarded it a $1.5 billion, five-year integrated contract for the Mutriba field in Kuwait, including design, development and production management.
Non-oil trade between the UAE and Kuwait reached AED54.5 billion ($14.8 billion) in 2025, marking a year-on-year growth of 9.1 percent compared to 2024, said Dr Thani bin Ahmed Al Zeyoudi, the UAE Minister of Foreign Trade.
Saudi utility giant Acwa Power has announced that its consortium has signed an energy conversion and water purchase agreement for Az Zour North Phase 2 and 3 IWPP in Kuwait. The key $4.1 billion project will be implemented on a build, operate and transfer (BOT) basis.
State-owned Kuwait Petroleum Corporation (KPC) plans to invite foreign companies to help develop recent offshore discoveries, as Kuwait looks to accelerate production and apply advanced technologies offshore, according to a Reuters report.
