Kuwait’s economy is buoyant, but heavy reliance on hydrocarbons and a chronic budget gap are prompting long-term concerns.

KUWAIT CITY, July 16 (Reuters) - Kuwait plans to establish a new sovereign fund to develop its local economy, spearhead mega projects, and attract funds from foreign investors and the private sector, ...

The Kuwait Authority for Partnership Projects (KAPP) announced on Sunday the extension of bid submission deadline for its tender seeking advisory services for the re-tendering of projects on ...

Kuwait will invite private investors, including foreigners, to take part over the next two years in nine infrastructure projects worth about $36 billion, under a new law designed to facilitate such ...

The Kuwait Authority for Partnership Projects and Kuwait’s Ministry of Electricity, Water and Renewable Energy has issued a request for proposals from six prequalified bidders for a 1.1 GW solar ...

Kuwait, Aug 31 (Reuters) - Kuwait plans to attract outside investors to fund several power projects under a public-private partnership programme that will cover more than half of its future ...

The Kuwait Authority for Partnership Projects (KAPP) has launched a tender to build a 1,100 MW solar project in Al-Shaqaya, Al-Jahra Governorate, near Kuwait City. The KAAP said that project ...

Kuwait has attracted investment in industrial projects with a total value of nearly $375 billion, according to official data. Non-metallic minerals topped the project value with around $91 billion, ...

IRVING, Texas & FARNBOROUGH, United Kingdom--(BUSINESS WIRE)--Fluor Corporation today announced that it was selected by Kuwait Oil Company (KOC), a subsidiary of Kuwait Petroleum Corporation (KPC), to ...

Kuwait plans to sell stakes of as much as 44 percent in the Al-Zour and Khiran power projects in 2020 and 2021, according to media reports. “We are in the process of appointing the consultant (for the ...

KUWAIT, Aug 4 (Reuters) - Kuwait Finance House (KFH), the Gulf nation's biggest Islamic lender, plans to finance government projects in Saudi Arabia, including in the NEOM business zone, its acting ...