The Kuwaiti Dinar (KWD) surged to a new high against the Pakistani Rupee (PKR), with the exchange rate climbing to 912.34 PKR as of today. This record-breaking milestone reflects the persistent ...

Norway’s is famously huge. Qatar used its to buy Harrods. How do sovereign wealth funds work? And why isn’t ours as big as ...

Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar — hold approximately 32.6% of the world’s proven crude oil reserves.

A long-delayed railway project to connect oil-rich Kuwait with other Gulf countries moved forward on Monday when Kuwait's ...

A long-delayed railway project to connect Kuwait with other Gulf countries took a step forward on Monday when Kuwait's Minister of Public Works, Noura Al-Mashaan, signed a contract with Turkish ...

A new structure developed by KFH in 2023 is proving to be a game changer and is being used widely. This strategic innovation ...

Oil-rich Kuwait temporarily cut electricity in some industrial and agricultural areas on Wednesday as demand for power surged ...

with Venezuelan president Nicolás Maduro laying claim to the oil-rich Essequibo region of Guyana. Newly wealthy countries also find themselves suddenly interacting with foreign companies “whose ...

Many countries form large, state-owned companies to control oil assets and manage their oil sectors. By keeping these companies private, countries maintain some authority over the production ...

The Chinese comments came after Guyanese President Irfaan Ali said his oil-rich nation would give the U.S. preferential treatment over other countries after it pledged to respond forcefully if ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Wealthy Gulf nation Kuwait is set to borrow for the first time in almost a decade, raising hopes that the ...

Top US diplomat Marco Rubio on Thursday bluntly warned Venezuela against attacking its oil-rich neighbor Guyana, brandishing the power of the US military to protect the small South American nation.