Oil prices sunk 7% to a four-year low Friday, amid concerns economic fallout of President Donald Trump’s wide-reaching tariffs could put a drag on demand.

Global Finance: In fall 2023, the government of Kuwait released its Master Plan 2040, focused on modernizing company law, ...

1974 -- Kuwait wins the third GCC soccer tournament. 1991 -- Fire at the burning oil field, Al-Ahmadi 24, is doused. The field was set ablaze by the Iraqi regime forces before withdrawing from Kuwait.

The weakness in the oil prices came after US President Donald Trump imposed 'reciprocal' tariffs' on trading partners. He ...

Wood Mackenzie has warned that 101 refineries, representing 21% of global capacity, face shutdown risk due to rising carbon ...

Industries across Oklahoma -- from oil and gas to clothing and food -- are expected to take a hit from sweeping tariffs ...

By Mahmoud ZakariaThe name “Kuwait” is derived from the diminutive form of the word “kout”, which means a square-shaped house resembling a fortress or a castle near the water. The name was inspired by ...

Over the past 10 months, the Municipal Council has approved several major development projects -- all of which fall within ...

US decision to amass B-2 bombers at Diego Garcia is result of Gulf Arab monarchs closing airspace to American warplanes in ...

After 54 years of continuous service, the RAF’s Puma fleet is set to retire today, ending a remarkably active career. On Mar.

Almost a century ago, on October 15, 1927, the forerunner of BP struck oil at Kirkuk in northern Iraq. An uncontrollable fountain of oil, 95,000 barrels per day, shot into the air for 10 days, ...