KPI Acquires 50 Percent Stake in Italy’s Eco Fox

Kuwait Petroleum International (KPI) announced on Wednesday completing the agreement to acquire a 50 percent stake in Italy’s Ecofox, a company wholly owned by Fox Petroli, which specializes in the production of biofuels.

In a statement , KPI said th…

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Saudi Stock Market Index Closes Lower

The main Saudi stock market index closed Wednesday down by 209.47 points, closing at 12044.07 points, with trades worth SR 8.1 billion .

The volume of traded shares reached one billion shares, with the shares of 10 companies recording an increase in …

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MOCI Reduces Some Service Fees by up to 90 Percent

Doha: HE Minister of Commerce and Industry (MOCI) Sheikh Mohammed bin Hamad bin Qassim Al-Thani issued, on Wednesday, Ministerial Resolution No. (60) for the year 2024, reducing the Ministry’s service fees for the commercial, industrial, business deve…

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