Attacks on the UAE and Bahrain drive up the commodity’s price. Oil rises amid renewed threats to the Strait of Hormuz, while a desalination plant in Kuwait is also targeted in retaliations.
Browsing: kuwait
Attacks on oil and natural gas facilities have driven prices higher. UN shipping agency IMO calls for a safe navigation corridor in the Strait of Hormuz.
The shipping company announced on its website an overland transport service from Asia to Middle East destinations via Saudi Arabia and Turkey. Some countries in the region currently lack maritime access due to the closure of the Strait of Hormuz.
The Ministry of Economy and Tourism is monitoring markets to ensure product availability. Basic items have controlled prices.
The Organization of the Petroleum Exporting Countries made the decision after oil exports through the Strait of Hormuz, a tanker route, were halted due to the conflict in the Middle East.
The Embassy of Kuwait in Brazil celebrated on Wednesday (11) in Brasília the 65th National Day of Kuwait and the 35th anniversary of the Arab country’s Liberation. The event brought together Brazilian government officials, diplomats, politicians, and other guests. In his speech, Kuwait’s ambassador to Brazil, Talal Rashed Almansour, highlighted his country’s ongoing efforts to
The Kuwait Foreign Petroleum Exploration Company, established by the Arab country to explore and produce oil abroad, acquired a 20% stake in a Brazilian pre-salt project from Shell Brasil.
The Arab country will open the Kuwait Geopark to visitors next week. The site dates back to ancient phases of civilization and will feature restaurants, cafés, and shops. The official inauguration took place on Thursday (1).
This week’s aerial photo shows the Kuwait Towers and the Water Park in Kuwait City. The trio of towers, featuring modern architecture, is one of the country’s symbols as well as a cultural and tourist landmark. ©Yasser Al-Zayyat/AFP
The International Monetary Fund says economic diversification beyond oil will only come with the adoption of structural reforms. The institution projects GDP growth of 2.6% this year and 3.8% in 2026.
Diplomats from Saudi Arabia, Bahrain, Qatar, the United Arab Emirates, Oman, and Kuwait are on an official visit in the Pará state’s city ahead of COP30. They held meetings with the Minister of Tourism and the state governor.
Topics of mutual interest and humanitarian issues were discussed during a meeting between Rodrigo Gabsch and Kuwait’s minister of Social Affairs, Amthal Al Huwaillah.
The manufacturing company saw BRL 424 million in revenue from exports from Brazil in the first half of the year, with Kuwait as one of its biggest destinations.
At a meeting on Sunday, the committee of Kuwait’s Public Authority for Food and Nutrition (PAFN) recommended lifting the ban on imports of Brazilian chicken meat.
