Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait"s oil exports fell to USD 109 bln in 2013 - NBK report  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 31/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Kuwait News Agency (KUNA)) Kuwait's oil exports edged down to KD 30.8 billion (USD 109.5 billion) in 2013, a slight dip of three percent compared with the earlier year's figures, a recent economic report showed here on Saturday



The drop is a result of dwindling oil prices following a fall in international oil prices in 2013 triggered off by huge oil production by non-OPEC members and moderate world demand for oil, said the report released by the National Bank of Kuwait (NBK)



Kuwait's oil prices averaged USD 105 per barrel (pb) in 2013, four dollars lower than 2012, and non-oil exports shot up to KD 1.9 bllion (USD 6.75 billion) though they still make up just six percent of the oil-rich Gulf country's total exports, it said




The hike was buoyed by a 16 percent rise in ethylene exports compared to an earlier year partly due to expansion in the petrochemical industry, the report indicated



Comparatively, Kuwaiti imports stood at nine percent in 2013 to KD 8.3 billion (USD 29.5 billion), the NBK-compiled report showed



Kuwait's trade balance surplus consequently edged down to KD 24.3 billion (USD 86.4 billion) in 2013 following a retreat from its highest-ever level of 25.7 percent in 2012, it added

 


Kuwait News Agency (KUNA)




  MENA News Headlines
 Sep 28 2016 - Morocco- 10-Year-old Moroccan Boy Commits Suicide Over School SuppliesMorocco World News
(MENAFN - Morocco World News) The suicide of a ten year-old boy near the Moroccan city of Ifrane shakes social media in Morocco. A boy was found hanged using an electric wire in a small village in ...

 Sep 28 2016 - Shimon Peres, Nobel Prize Winner and Veteran of Israeli Politics, Dies at 93Morocco World News
(MENAFN - Morocco World News) Shimon Peres, the veteran Israeli statesman who shared a Nobel prize for his extensive efforts in negotiating a peace agreement with Palestine, has died on Tuesday. He ...

 Sep 28 2016 - Morocco- Police Officer's Generosity, Gives Grieving Black Man a New OutlookMorocco World News
(MENAFN - Morocco World News) Mark Ross got the call we never want to get. His 15-year-old sister was killed in a car accident. It was 3 A.M. He needed to travel from Indiana to Detroit to be with ...

 Sep 28 2016 - Egypt- Rights groups condemn treatment of detained 6 April Youth Movement coordinatorDaily News Egypt
(MENAFN - Daily News Egypt) The Egyptian Commission for Rights and Freedoms (ECRF) criticised the detention conditions of 6 April Youth Movement coordinator Amr Ali, who was imprisoned on charges of ...

 Sep 28 2016 - Kuwait- Maternity leave for pregnant womanArab Times
(MENAFN - Arab Times) I am working in a private clinic as a Staff Nurse. Regarding maternity leave our new supervisor says… only for the first pregnancy and delivery is the 68 days maternity leave ...

 Sep 28 2016 - Kuwait- Indemnity should be calculated by using the latest remunerationArab Times
(MENAFN - Arab Times) Can you please let me how to calculate my service indemnity. ■ Salary – KD 450. ■ Car allowance – KD75. ■ Petrol – they give me a card twice a month (KD 15 ...

 Sep 28 2016 - Kuwait- Friends matter, not interests - Stick to good in youArab Times
(MENAFN - Arab Times) Intisaar Al-Ma'touq LONG time ago, our grandfathers said, 'You are nothing if you have nothing.' Those were the good old days characterized by simplicity. At the time our ...

 Sep 28 2016 - UAE opens consulate in New York, strengthens ties with USKhaleej Times
(MENAFN - Khaleej Times) The United Arab Emirates opened the UAE Consulate in New York City and appointed Majid Al-Suwaidi as Consul General. The opening ceremony was officiated by Reem Al Hashimy, ...

 Sep 28 2016 - Sharjah FDI Forum set to explore ways to boost UAE-India tiesKhaleej Times
(MENAFN - Khaleej Times) The Sharjah Foreign Direct Investment Forum (Sharjah FDI Forum 2016), which takes place from September 28 to 29 at the Al Jawahar Reception and Convention Centre, will host ...

 Sep 28 2016 - UAE- MidEast Watch & Jewellery Show to open this weekKhaleej Times
(MENAFN - Khaleej Times) The Expo Centre Sharjah will host the 41st edition of the MidEast Watch & Jewellery Show from September 27 to October 1. This will be done with the support of the Sharjah ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help