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kuwait

Kuwait to impose 15% minimum top-up tax on multinational enterprises

CAIRO: Kuwait will impose a minimum top-up tax (DMTT) of 15% on multinational enterprises operating in the country,...

Published 30 Dec, 2024 09:00pm

Markets

Kuwait lowers December crude prices for Asia, document shows

SINGAPORE: Kuwait has lowered the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in December to...

Published 11 Nov, 2024 11:45am

World

Iran says neighbours won’t allow use of their ‘soil or airspace’ for attack

KUWAIT CITY: Iran’s neighbours have pledged they will not allow the use of their “soil or airspace” for any attack,...

Published 22 Oct, 2024 02:09pm

World

Gulf states must not allow use of airspace against Iran, Iranian official says

Tehran has told Gulf Arab states it would be “unacceptable” if they allowed use of their airspace or military bases...

Published 09 Oct, 2024 01:25pm

Markets

North Field: Kuwait in talks with Qatar for new 15-year LNG supply deal

DOHA: Qatar Energy is in talks with Kuwait Petroleum Corporation (KPC) for a new long-term supply of liquefied...

Updated 21 Aug, 2024 08:02am

Markets

Saudi Arabia turns to Kuwait for fuel oil in rare move to meet summer demand

SINGAPORE: Saudi Arabia imported fuel oil from Kuwait for the first time in more than two years in July to help meet...

Published 26 Jul, 2024 07:35am

Business & Finance

Investment Minister, Ambassador of Kuwait agreed to promote trade relations

ISLAMABAD: Federal Minister for Board of Investment, Privatization and Communications Abdul Aleem Khan and ...

Published 23 Jul, 2024 07:35am

Markets

Kuwait cuts Aug crude prices for Asia, document shows

SINGAPORE: Kuwait has cut the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in August by 70...

Published 12 Jul, 2024 11:38am

World

Indian relatives grieve as bodies of 45 Kuwait fire victims return

KOCHI: Grieving families kept a solemn vigil in the terminal of an Indian airport Friday as the bodies of dozens of...

Published 14 Jun, 2024 11:51am

World

Fire in Kuwait building kills 49 foreign workers

DUBAI: At least 49 people were killed in Kuwait on Wednesday after a fire broke out in a building housing foreign...

Published 13 Jun, 2024 11:09am

World

Fire in Kuwaiti building housing workers kills 41, deputy PM says

DUBAI: A fire that broke out in a building housing workers in the city of Mangaf in southern Kuwait early on...

Updated 12 Jun, 2024 03:18pm

Markets

Kuwait cuts July crude prices for Asia, document shows

SINGAPORE: Kuwait has cut the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in July by 40 cents...

Published 12 Jun, 2024 09:41am

Opinion

Explaining the dearth of investment

The investment potential arising out of China Pakistan Economic Corridor (CPEC), the UAE’s $10 billion investment...

Published 01 Jun, 2024 06:59am

Business & Finance

Mohmand Dam: $25m loan agreement with Kuwait on 3rd

ISLAMABAD: Pakistan and Kuwait have agreed to sign a loan agreement of $25 million on 3rd June 2024 for the Mohmand...

Published 01 Jun, 2024 06:59am

Pakistan

Emirs of Kuwait, Qatar agree to visit Pakistan

ISLAMABAD: Kuwait’s Emir Sheikh Meshal Al-Ahmad Al-Sabah and Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani have...

Published 27 May, 2024 05:52am

Business & Finance

Trade, investment: Aleem-led team to visit Kuwait

ISLAMABAD: A high-level delegation headed by Federal Minister for Board of Investment, Privatization and...

Published 25 May, 2024 06:33am

Business & Finance

Aleem rues low volume of trade with Kuwait

ISLAMABAD: Federal Minister of Investment Board, Privatisation and Communications, Abdul Aleem Khan has said that ...

Published 24 May, 2024 06:25am

World

Donors pledge over $2bn for Gaza at Kuwait conference

KUWAIT CITY: A conference of international donors in Kuwait pledged over $2 billion in aid to Gaza Sunday as UN...

Published 13 May, 2024 06:08am

World

Kuwait taps ex-oil minister to form latest govt

KUWAIT CITY: Kuwait’s emir on Monday tasked a former oil minister with forming a new government, state media...

Published 16 Apr, 2024 03:38am

World

Kuwait, under new emir, votes yet again

KUWAIT CITY: Vote-weary Kuwait heads to the polls for the third time in three years on Thursday, just months into ...

Published 05 Apr, 2024 04:50am

Pakistan

Distinguished diplomat Aslam Khan passes away in Kuwait

ISLAMABAD: Muhammad Aslam Khan, a man of many titles – a fighter, a nationalist, a shining star of Pakistani...

Published 20 Mar, 2024 03:00am

Markets

Kuwait raises April crude prices for Asia

SINGAPORE: Kuwait raised the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in April by 30 cents...

Published 12 Mar, 2024 02:29pm

Markets

Kuwait fuel oil exports rise for second month as Al Zour ramps up

SINGAPORE: Kuwait’s fuel oil exports rose for a second month in February, according to shiptracking data from Kpler...

Published 29 Feb, 2024 05:43pm

Business & Finance

Kuwaiti investors invited for investment in Punjab

LAHORE: The Ambassador of Kuwait to Pakistan Nassar Abdulrahman J Almutairi met with the caretaker Punjab Chief...

Published 22 Feb, 2024 06:55am

World

Kuwait dissolves parliament as political crisis persists

KUWAIT CITY: Kuwait dissolved parliament on Thursday after a protracted stalemate between cabinet ministers and...

Published 16 Feb, 2024 06:02am

World

Houthis say US ship hit in Gulf of Aden attack

SANAA: Yemen’s Houthi claimed another attack on a US ship early Friday, after the United States launched fresh...

Published 19 Jan, 2024 11:47am

World

Kuwait forms first government under new emir and prime minister

DUBAI: Kuwait on Wednesday formed a government headed by Prime Minister Sheikh Mohammed Sabah al-Salem al-Sabah, the...

Published 17 Jan, 2024 02:49pm

World

Kuwait emir appoints Sheikh Mohammed Sabah al-Salem al-Sabah as prime minister

DUBAI: Kuwait’s new emir Sheikh Meshal al-Ahmad al-Sabah on Thursday appointed Sheikh Mohammed Sabah al-Salem...

Published 04 Jan, 2024 06:10pm

World

Two Kuwaiti nationals kidnapped in Iraqi desert

ANBAR, (Iraq): Two Kuwaitis were kidnapped while on a hunting trip in a desert area in Iraq on Sunday, two security...

Updated 26 Dec, 2023 05:01am

World

Kuwait emir rebukes parliament, cabinet in inaugural speech

KUWAIT CITY: Kuwait’s new emir Sheikh Meshal al-Ahmed al-Sabah on Wednesday criticised parliament and cabinet for...

Published 21 Dec, 2023 03:54am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 25	150.44
USD to Swiss Franc / Mar 25	0.88
Pound Sterling to USD / Mar 25	1.29
Euro to USD / Mar 25	1.08
UK LIBOR % / Mar 25	4.96

Stock	Volume
S&P 500 / Mar 25	5,776.65
India Sensex / Mar 25	78,876.83
Tokyo Nikkei / Mar 25	37,938.34
Nasdaq / Mar 25	18,271.86
Hang Seng / Mar 25	23,409.08
FTSE 100 / Mar 25	8,663.80
Dow Jones / Mar 25	42,587.50
Germany DAX 30 / Mar 25	23,109.79
France CAC40 / Mar 25	8,108.59

Item	Value
Crude Oil USD/Barrel / Mar 25	69.19
Karachi Cotton PKR/37.32 KG / Mar 25	17,085
Gold 10 Grams PKR / Mar 25	272,462
Gold Spot USD/Ounce / Mar 25	3,017.63
Cotton US¢/pound / Mar 25	65.24
Petrol/Litre / Mar 26	255.63
Diesel/Litre / Mar 26	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 26 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	3.01 ▲ 1 (49.75%)
Sec. Inv. Bank / Mar 26 Security Investment Bank Limited(SIBL)	9.98 ▲ 0.99 (11.01%)
Zephyr Textile / Mar 26 Zephyr Textiles Limited(ZTL)	11.40 ▲ 1.04 (10.04%)
Leiner Pak Gelat / Mar 26 Leiner Pak Gelatine Limited(LPGL)	110.80 ▲ 10.07 (10%)
Philip Morris Pak. / Mar 26 Philip Morris (Pakistan) Limited(PMPK)	737.77 ▲ 67.07 (10%)
PIA Holding Co.B / Mar 26 PIA Holding Company Limited B(PIAHCLB)	1,069 ▲ 96.88 (9.97%)
East West Ins. / Mar 26 East West Insurance Company Limited(EWIC)	63 ▲ 5.71 (9.97%)
The Thal Ind.Corp. / Mar 26 The Thal Industries Corporation Limited(TICL)	340 ▲ 30.55 (9.87%)
Hussain Industries / Mar 26 Husein Industries Limited(HUSI)	27.29 ▲ 2.42 (9.73%)
Universal Ins. / Mar 26 The Universal Insurance Company Limited(UVIC)	10.20 ▲ 0.77 (8.17%)

Stock	Price
Parmount Sp. / Mar 26 Paramount Spinning Mills Limited(PASM)	3.51 ▼ -0.48 (-12.03%)
Atlas Ins. Ltd / Mar 26 Atlas Insurance Limited(ATIL)	57.61 ▼ -6.37 (-9.96%)
First Tri-Star Mod. / Mar 26 First Tri-Star Modaraba(FTSM)	12.08 ▼ -1.33 (-9.92%)
Noon Sugar / Mar 26 Noon Sugar Mills Limited(NONS)	72.20 ▼ -7.37 (-9.26%)
Kohinoor Ind. / Mar 26 Kohinoor Industries Limited(KOIL)	11.51 ▼ -1.03 (-8.21%)
Faisal Sp. / Mar 26 Faisal Spinning Mills Limited(FASM)	301 ▼ -22.08 (-6.83%)
First Elite Cap.Mod / Mar 26 First Elite Capital Modaraba(FECM)	9.20 ▼ -0.66 (-6.69%)
Ruby Textile / Mar 26 Ruby Textile Mills Limited(RUBY)	6.55 ▼ -0.46 (-6.56%)
Ghazi Fabrics / Mar 26 Ghazi Fabrics International Limited(GFIL)	6.89 ▼ -0.48 (-6.51%)
Chenab Ltd (Pref) / Mar 26 Chenab Limited (Pref)(CLCPS)	2.66 ▼ -0.18 (-6.34%)

Stock	Volume
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	23,534,658 ▲ 2.25
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	22,825,615 ▼ -1.27
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	14,454,846 ▲ 0.12
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	12,412,844 ▲ 0.02
B.O.Punjab / Mar 26 The Bank of Punjab(BOP)	10,207,107 ▲ 0.07
P.S.O. / Mar 26 Pakistan State Oil Company Limited(PSO)	8,838,908 ▲ 10.13
Engro Fert. / Mar 26 Engro Fertilizers Limited(EFERT)	7,727,717 ▲ 2.66
Sui South Gas / Mar 26 Sui Southern Gas Company Limited(SSGC)	7,601,850 ▲ 0.12
Pak Refinery / Mar 26 Pakistan Refinery Limited(PRL)	7,461,474 ▲ 0.72
Pak Int.Bulk / Mar 26 Pakistan International Bulk Terminal(PIBTL)	7,039,319 ▲ 0.16

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