LONDON - Oil production of Kuwait will reach about 3.150 million pbd in Q3 of this year, said Nabil Bouresli, Managing Director for International Marketing at Kuwait Petroleum Corporation (KPC).
KUWAIT - The National Assembly has approved trade agencies' bill and referred it to the government.
KUWAIT - Kuwait's budget for next fiscal year is anticipated to sustain a deficit of 60 percent, around KD 12 billion (USD 40.02 billion), as per an estimated oil price of USD 25 a barrel, said Kuwait Petroleum Corporation (KPC) CEO Nizar Al-Adsani.
KUWAIT - Kuwait's annual inflation averaged have risen to 3.3 percent in 2015, compared with 2.9 percent in 2014, a report by the National Bank of Kuwait showed.
BAGHDAD - Iraqi Premier Haider Al-Abadi urged lawmakers to cooperate for introducing a fundamental change to the cabinet lineup.
NEW YORK - A UN official affirmed that so-called Islamic State (IS) is expanding its operations to other regions due to a flow of financial resources.
WASHINGTON - US Secretary of State John Kerry acknowledged Russian airstrikes on civilians in Aleppo in recent days have made prospects for any kind of agreement "very very difficult." (end) ibi