Market

Kuwait Announces Discovery of Substantial Quantities of Oil, Gas

Kuwait Petroleum Corporation (KPC) said on Sunday it had discovered massive quantities of light crude oil and associated gas in the Al Nokhatha field east of the Kuwaiti island of Failaka.

In a statement, KPC reported that the initial estimates of hy…

Qatar Stock Exchange Closes with Slight Decline

Doha: The Qatar Stock Exchange index closed Sunday’s trading session with a slight decrease of 5.32 points, or 0.05 percent, settling at 10,171.95 points.

During the session, 154,042,414 shares were traded, amounting to a value of QR 311,596,719.254,…