GENERAL

Kuwait oil price settles at USD 82.61 pb – KPC

Price of Kuwaiti oil settled at USD 82.61 per barrel on Thursday, unchanged from the day before, Kuwait Petroleum Corporation (KPC) said Friday.

Globally, the price of Brent crude futures contracts went up 66 cents to USD 82.37 pb, as did the West Te…

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CBUAE revokes licence of Galaxy Insurance Broker

ABU DHABI: The Central Bank of the UAE (CBUAE) has revoked the licence of Galaxy Insurance Broker (Galaxy), an insurance broker operating in the UAE, and struck its name off the Register, pursuant to Article 22 (2) of the Board of Directors Resolution…

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