Kuwait’s Boutiqaat hired Citigroup Inc. to explore strategic options for the online retailer of luxury goods and cosmetics, according to people with knowledge of the matter.
Kuwait announces 846 new Covid-19 cases, 3 deaths
According to the country’s state-run Kuwait News Agency (Kuna), the country’s total number of confirmed coronavirus cases to date now stands at 41,879. In a statement, Kuwaiti Health Ministry …
COVID-19: Kuwait lawmakers call on government to pay six months rent, 80% wag4es for SMEs
The lawmakers also proposed the state guarantee to pay rents of six months and 80 per cent of salaries as of July 1. They also proposed to facilitate banking procedures and extend payment periods, …
Covid-19: Oman announces 1,142 new cases
Omani authorities have detected 1,142 new confirmed cases of Covid-19 in the sultanate, it was announced on Wednesday. According to government statistics, Oman’s total number of Covid-19 cases now …
Oman Launches New Loan Program for Businesses Hit by Pandemic
Said on Tuesday announced an emergency interest-free loan program for businesses most affected by the coronavirus pand …
Ease of doing business, security drives foreign interest in Dubai
Ease of doing business, security and location are the top advantages of doing business in Dubai, according to foreign investors polled …
Foreign investors rank top advantages of doing business in Dubai
Ease of doing business, security and location are the top advantages of doing business in Dubai, according to foreign investors polled by the Dubai Chamber of Commerce and Industry. During a webinar …
Detroit Tigers parody Michael Jordan’s famous ‘I’m back’ fax to announce baseball’s return
The following statement was released today by the Detroit Tigers, through their personal attorney and business manager, PAWS, of Detroit Tigers Incorporated (“DTI”) located in Detroit, MI, in response …
Sri Lanka suspends crew change in Colombo as Indian seafarers test Covid-positive
Ship managers and manning agents using Colombo as a hub for crew change involving Indian seafarers received a setback after 29 crew who flew there tested positive for coronavirus, forcing the Sri Lank …
Uncertainty looms over cross border trade amid India-Nepal tension, traders say 80% of business under threat
Amid ongoing tension between India and Nepal over the border issue, traders at the bordering areas are staring at an uncertain future for their business – which largely depends on Nepal. Banbasa, a …