Kuwait Petroleum Corp. (KPC) intends to invest about 10 billion Kuwaiti dinars ($33 billion) over five years to increase oil production. According to CEO Sheikh Nawaf Al-Sabah, the company plans not only to maintain the current capacity, but also to significantly increase it in accordance with strategic goals.According to Nawaf, Kuwait's forecast for stable oil demand until the middle of the century coincides with the expectations of such major market players as TotalEnergies SE and Vitol Group.... Více
The Gross Domestic Product (GDP) of India may decline to 7.0 percent for this year versus 8.6... Více
On Tuesday, the comprehensive global economic growth is expected to remain this year until 2018,... Více
A decline in the local dollar is anticipated as warned by the leader of the small nationalist party... Více
Exports from Germany surpassed imports in August bringing the gap of the trade surplus wider and... Více
The Office for National Statistics of UK further put pressure on the Bank of England over the issue... Více
The German economy was able to conduct a reversal from the slackening summer with its most... Více
China’s services expanded at the slowest rate in the since January 2016 as the market cools down r... Více
The Italian bank, Monte dei Paschi intends to introduce a voluntary public offering to swap shares... Více
The trade deficit in Canada expanded last month as exports declined for three straight months,... Více
Policies for mortgage services have eased off their time requirements in communication which would... Více
The growth of East Asia and Pacific (EAP) countries are improving this year, partly because of the... Více
The services sector in Russia rose at the fastest rate in three months to September amid higher... Více
According to the statistics issued by the Organisation for Economic Co-operation and Development... Více
The consumer confidence in Australia declined last week due to the current and future finances... Více
Large factories in Asia has been more active in September along with the rise in global growth with... Více
The growth in the UK private sector had reduced marginally during the third quarter, as mentioned... Více
The American economy improved slightly faster versus its earlier estimate during the Q2, this is... Více
Japanese policymakers plan to expand the country’s monetary policies in the recent review in S... Více
Iraq disclosed that it will only deal with the Turkey government when it comes to crude oil... Více
Imports of Qatar rose in value as it bounced off abruptly during the month of August compared to... Více
On Wednesday, the World Economic Forum announced that Switzerland hailed the most competitive... Více
After the general election in New Zealand, the business confidence in the country has declined to... Více
State-own companies in China had an increase in profit gains by 21.7 for last month compared to the... Více
The oil market is under pressure because of a surge in U.S. dollar but kept their profits from the... Více
The manufacturing activity of Japan increased in September at its fastest pace within four months,... Více
The International Monetary Fund (IMF) stated yesterday that France should not waste time in... Více
The government is looking for ways to boost the economy and giving attention to certain sectors.... Více
The biggest crisis within the financial sector was recorded nearly a decade ago, while the Federal... Více
The seasonally adjusted Gross Domestic Product of the New Zealand increased by 0.8 percent in the... Více
The world economy has improved compared last year. Although, there are some geopolitical perils... Více
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