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Home»Tag: Kuwait’s

Tag Archives : Kuwait’s

Kuwait’s KIPCO says building starts at $2.5bn real estate project
Real Estate

Kuwait’s KIPCO says building starts at $2.5bn real estate project

Saheli 25 Sep 2016 456 Views

Kuwait Projects Co (KIPCO), the Gulf state’s largest investment company, said on Sunday construction had begun on its $2.0-$2.5bn real estate project in Kuwait, which has been downsized by around half from its original estimated cost. The mixed-use project, which had previously been valued at $5bn, was scaled down after ... Read More »

Kuwait’s KIPCO says building starts at $2.0-$2.5 bln real estate project

Saheli 25 Sep 2016 455 Views

Kuwait Projects Co (KIPCO), the Gulf state’s largest investment company, said on Sunday construction had begun on its $2 billion to $2.5 billion real estate project in Kuwait. Banks will provide financing for half of the project, with KIPCO funding the remainder directly, said Tawfiq al-Jarrah, executive director of Hessah ... Read More »

Kuwait’s oil production increasing
Business

Kuwait’s oil production increasing

Saheli 19 Apr 2016 490 Views

Though a labor strike in Kuwait is on its third day, a spokesman for the oil ministry said Tuesday output has moved higher to 1.5 million barrels per day. Talal al-Khaled, a spokesman for the oil ministry, said Tuesday oil facilities in the country were producing an average rate of ... Read More »

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