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Tag: Kuwait

Posted on December 8, 2022

Kuwait gears for emergency response amid heavy rains

A major emergency response effort in Kuwait is underway after several areas around Kuwait were flooded following heavy rains that hit the country on Tuesday. Meanwhile, citizens and residents are …

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Posted on December 8, 2022

3 expats killed in Kuwait accidents

Cairo: Three expatriates were killed in different accidents in one day in Kuwait, a local newspaper reported on Friday. The fatalities included an Indian shepherd who was killed in an explosion of …

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Posted on December 8, 2022

Kuwait’s central bank announces 0.5 percent hike in discount rates to 3.5%

The Central Bank of Kuwait said it will increase its discount rate by 50 basis points to 3.5 percent as of Wednesday. A high discount rate tends to lead to an increase in other interest rates, as it …
Posted on December 6, 2022

Kuwaiti airline to launch direct flights to Tajikistan’s capital

BAKU, Azerbaijan, December 2. Jazeera Airways, a low-cost carrier based in Kuwait, will launch direct flights to Tajikistan’s capital Dushanbe, Trend reports with reference to Zawya.com.

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Posted on December 5, 2022

InterContinental Hotels Group Selects General Manager for Soon to Open Kuwait Property

InterContinental Hotels Group, the world’s most global hotel company, announced Sunday the appointment of Laurent Rigaud as General Manager of the Holiday Inn Downtown Kuwait. With the property …

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Posted on December 4, 2022

Markaz: Kuwait bucks the trend by increasing 3.6% in November

Central Bank of Kuwait kept its policy rate unchanged even as the U.S Fed raised rates by 75 bps in November. Kuwait posted a fiscal deficit of KD 3 billion for FY 21/22, down 72% from the previous …
Posted on December 2, 2022

Mandarin Oriental announces a new luxury hotel project in Kuwait

“We are delighted at the opportunity to extend Mandarin Oriental’s presence in the Middle East with this important landmark in Kuwait. We look forward to collaborating with Bukhamseen Group Holding to …

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Posted on December 1, 2022

Kuwait calls

MANDARIN Oriental Hotel Group will manage a luxury hotel located in the heart of the financial district of Kuwait City, projected to open in 2028. Mandarin Oriental, Kuwait will be located in an …

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Posted on November 29, 2022

Kuwaiti business projects in Jordan to be announced soon — ambassador

Kuwaiti businesspeople are in the process of creating projects in the Kingdom that will be announced soon, Kuwaiti Ambassador to Jordan Aziz Dihani said on Saturday, adding that Jordan is “an …
Posted on November 29, 2022

Newly opened Waldorf Astoria Kuwait wins ‘National Hotel Project of the Year’ at the MEED Projects Awards

As they continue to garner international industry recognition, Kuwait’s development projects remain an industry benchmark of opulence, exhibiting superior standards of design excellence, construction …

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