Three bears that were being kept in cages as a tourist spectacle at a restaurant have been rescued after coronavirus forced the business to close. The owner of the restaurant, in Armenia, said he no …
Turquoise Hill Resources: Another Twist In The Power Plant Story Increases Uncertainty
Turquoise Hill reports Q1 2020 results and updates delay and capex increase estimates for the new mine design. In a sudden twist, Mongolia wants a state-owned a …
Kuwait police officer detained for breach of duty
The source said that the officer breached his duty by favouring his cousin who is allegedly involved in the illegitimate business of residence visa and. “The m …
An American couple is stuck in Kuwait under 24-hour curfew and isn’t allowed to grocery shop. The US embassy hasn’t been helpful.
When the country’s coronavirus curfew was announced, the couple waited in line for groceries for six hours as people fainted from the heat.
AM Best Affirms Credit Ratings of Kuwait Reinsurance Company K.S.C.P.
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Kuwait Reinsurance Company K.S.C.P. (Kuwait Re) (Kuwait). The outlook of these …
China confirms US accusations that it destroyed early samples of the novel coronavirus, but says it was done for ‘biosafety reasons’
The Chinese official insisted that it was not done to cover-up or hide early coronavirus samples from other countries.
Kuwait’s Soor Fuel awarded $29.10mln selective practice deal by interior ministry
Kuwait – Soor Fuel Marketing (Soor) has won a selective practice worth KWD 9.372 million by the Kuwaiti Ministry of Interior to supply fuel provision cards and RFID system for fuel control and …
‘Like sardines’: Migrant workers suffering in Kuwait’s desert detention camps
Over 20,000 labourers are awaiting repatriation in squalid and cramped facilities, unable to leave or practise coronavirus social distancing …
Kuwait must ‘rationalise’ government expenditure, says Emir
Emir calls on political parties to create programme linked to COVID-19 created realities Kuwait City: The sharp decline in oil prices, investments and other assets will have a negative impact on …
Kuwait’s ruler Sheikh Sabah calls to use resources wisely, effectively
Due to the economic headwinds caused by the disruption to business activity as a result of the coronavirus outbreak and reduced government revenue due to the sudden drop in oil prices, ratings agency …