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Cyclical Factors Support US Dollar Amid Structural Challenges

Doha: Qatar National Bank (QNB) said in its latest weekly economic commentary that while mounting structural headwinds continue to weigh on the US dollar’s long-term outlook, cyclical factors remain the dominant drivers underpinning the currency’s res…

KPC Announces USD 16 Billion Foreign Investment

Kuwait city: Kuwait Petroleum Corporation (KPC) announced Saturday that its subsidiary, Kuwait Oil Company (KOC), has signed a USD 16 billion lease and leaseback agreement for its domestic crude oil export pipeline network (the Shaheen Project) with a…