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Tag: Kuwait

Posted on July 9, 2025

Iraq’s leadership agrees to re-legislate Kuwait pact as MPs push to nullify it

A political rift emerges in Iraq over the Khor Abdullah agreement with Kuwait. The government seeks to re-ratify it while MPs push for a vote to nullify it.
Posted on July 9, 2025

Kuwait signs deals with India, Iraq to bolster anti-money laundering, terrorist financing

KUWAIT: Kuwait’s Financial Intelligence Unit and India’s Anti-Money Laundering Bureau signed on Tuesday a memorandum of understanding (MoU) aiming to beef up cooperation on information exchange and …
Posted on July 6, 2025

Active Negotiations On With Over Dozen Countries For Finalising BIT: Official

Besides these nations, talks are underway with Tajikistan, Cambodia, Uruguay, Maldives, Switzerland, and Kuwait.
Posted on July 6, 2025

Bahrain Bourse inches up for second straight month

Bahrain – The Bahrain Bourse All Share Index advanced 1.2 per cent in June, building on a modest 0.5pc rise in May, to close the month at 1,943.8 points. A report by Kuwait-based Kamco Invest says the …
Posted on July 6, 2025

Bahrain Bourse inches up for second straight month

Bahrain – The Bahrain Bourse All Share Index advanced 1.2 per cent in June, building on a modest 0.5pc rise in May, to close the month at 1,943.8 points. A report by Kuwait-based Kamco Invest says the …
Posted on July 4, 2025

Kuwait reveals rules for new multinationals tax and expects to raise $819m from it annually

Kuwait has revealed executive regulations for its tax on multinational entities in the country and expects the levy to add 250 million Kuwaiti dinars ($819 million) in revenues annually. The country’s …
Posted on July 3, 2025

Strong showing across the board sees KFH on top in Kuwait

Kuwaiti lenders have, in almost all instances, performed commendably in the Top 1000 World Banks ranking, with most institutions posting robust gains across key performance metrics. All five of the …
Posted on July 3, 2025

Kuwait introduces tax rules, expects $820m in revenue

The decree (No. 55 of 2025) implements Law No. 157 of 2024, which brings Kuwait in line with the OECD’s Pillar Two global minimum tax framework through the introduction of a Domestic Minimum Top-up …
Posted on July 2, 2025

Kuwait property market resilient – ZAWYA

ERA Kuwait Real Estate Director Jarrah Ibrahim Al-Saleh predicted earlier that local real estate prices would continue to fall throughout 2009. He reportedly expected supply to continue to exceed …

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Posted on June 30, 2025

A call for gender equity, constitutional fairness

By Dr Abdullah Ahmed Alkayat Kuwait’s Commercial Code No 68 of 1980 has shaped the way business is done in the country for decades. Among its many provisions are Articles 21 and 22, which might seem …

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