Author: Newsroom

Kuwait joined countries around the world today (Wednesday) in commemorating World Cancer Day, an initiative led by the Union for International Cancer Control (UICC) aimed at raising global awareness about prevention, early detection and treatment of cancer. The observance, held annually on February 4, falls within the UICC’s 2025–2027 campaign themed “United Through Uniqueness,” and serves as a platform to unite local, regional and international efforts to support patients, reduce cancer-related deaths and promote healthier… Source link

KPC seeking global oil giants to bid Kuwait will retain control of fields Wants to lift capacity to 4m bpd Kuwait has launched two projects – Shahin (falcon) and Saif (sword) – to attract international oil companies as it seeks to increase crude production capacity to 4 million barrels a day. Under the Saif project, Kuwait aims to hire global companies to develop its newly discovered offshore oilfields while Shahin involves leasing its pipeline network to foreign businesses to raise funds. While international… Source link

While MG Motor India is gearing up to launch the new MG Majestor on February 12, MG’s global arm has already introduced the SUV in Kuwait under the Rakan 4×4 name. The MG Majestor is a heavily refreshed iteration of the Gloster, and will be positioned as a more premium offering above it. Barring the powertrain, the Rakan 4×4 remains largely identical to the MG Majestor. The Kuwait-spec Rakan is powered by a 2.0-litre turbo-diesel engine producing 250hp and 500Nm of torque, paired with an 8-speed ZF automatic gearbox. It also comes… Source link

PANAMA CITY – (ARB NEWSWIRE) – BingX, a leading cryptocurrency exchange and Web3-AI company, today announced a significant milestone for its TradFi perpetual futures offering, as 24-hour trading volume doubled over the past week to exceed $2 billion. The surge was largely driven by strong demand for perpetual Gold trading, which alone contributed more than $1.5 billion in volume, underscoring growing user interest in round-the-clock access to traditional financial markets through crypto-native infrastructure. BingX TradFi is now fully integrated across the BingX ecosystem: Perpetual Futures: BingX provides comprehensive support for TradFi perpetual futures, enabling users to gain continuous, flexible exposure…

Jeddah, Saudi Arabia — (ARAB NEWSWIRE) — Captain Mustafa Nejem Receives Maritime Youth Award at Saudi Maritime Awards Night 2026 Captain Mustafa Nejem, a Master Mariner, maritime executive, researcher, and award-winning author, has received the Maritime Youth Award at the inaugural Saudi Maritime Awards Night 2026, recognizing outstanding contributions by professionals across shipping, maritime services, and logistics. The inaugural Saudi Maritime Awards Night took place on January 29, 2026, at The Ritz-Carlton Jeddah, under the patronage of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistics Services and Chairman of the Transport General Authority (TGA). The event was…

CHINA — (ARAB NEWSWIRE) — Over the past eight years, the global auto industry has undergone major change. Some brands hesitated between ICE and new energy, as of missing their key turning points. Others went all-in on electrification, spreading bets across many segments. However, JETOUR chose a different path. By staying committed to its “Travel+” strategy, JETOUR has multiplied energy pathways, enriched its product lineup, and built a global presence—shaping an unique brand with dual roles as a vehicle manufacturer and a travel lifestyle service provider.  Sticking to “Travel+” Strategy to Meet the Mass Market Starting off with the“Travel+”, to break away from…

PANAMA CITY — (ARAB NEWSWIRE) – BingX, a leading cryptocurrency exchange and Web3-AI company, today announced the integration of its TradFi suite into BingX AI Bingo, giving users direct access to the global market data and AI-powered trading-signal interpretation within the BingX trading experience. Following strong user demand for AI-enhanced crypto trading, BingX is extending its industry-leading AI capabilities to support multi-asset decision-making across both digital and traditional markets. With the new integration, BingX is pioneering TradFi opportunities across commodities, forex, stocks, and indices with the simplicity and confidence provided by BingX AI-powered tools and insights. BingX TradFi has seen…

AHMAD JABER AL-EIDAN, Chief Executive Officer, Kuwait Oil Company AHMAD JABER AL-EIDAN, Chief Executive Officer, Kuwait Oil Company Kuwait Oil Company stands at the forefront of the region’s energy transformation—delivering strategic production, pioneering sustainability and driving innovation to secure Kuwait’s energy future. Over the past year, KOC has achieved a series of landmark milestones across multiple domains, reinforcing our role as a cornerstone of national progress and… Source link

Kuwait is finally making serious progress on its ambitious targets for expanding crude production capacity and output. Expansion plans were boosted by the relaxation in March of a national ban on debt, a move that paved the way for Kuwait’s first international bond issuance in eight years this week. The $11.25 billion debt raise on Oct. 1 will help Kuwait toward its target of hiking crude output capacity to at least 3.5 million barrels per day by 2030 and 4… Source link

Türkiye and Kuwait signed a Memorandum of Understanding (MoU) on energy cooperation, announced the Turkish Ministry of Energy. The partnership agreement establishes a framework for cooperation in areas such as education, consulting, and engineering services. It focuses on developing joint projects in electricity, energy efficiency and renewable energy, with an extra emphasis on sharing technical expertise. This MoU sets the stage for more energy collaboration between Türkiye and Kuwait, according to the Ministry. The MoU was signed in… Source link