Kuwait raised the official selling price (OSP) for its crude sales to Asian buyers for July by 45 cents a barrel from the previous month to 15 cents a barrel below the average of Oman/Dubai quotes, a trade source said on Monday.
June 11, 2012 10:24
The investors will be part of over 10 cornerstones IHH plans to finalise by next week who will take up more than 40 percent of the $2 billion offering, sources with direct knowledge of the deal told Reuters.
June 6, 2012 12:01
Kuwait's Global Investment House is expected to receive approval on Thursday to delay the repayment of bonds worth 95 million dinars ($338.6 million) to November from June, two sources familiar with the matter said.
June 5, 2012 5:24
Case has stirred sectarian tensions; Defence has opportunity to appeal; Kuwaiti given maximum sentence in high-profile case.
June 4, 2012 5:48