The budget is based on an oil price assumption of $80 a barrel. Kuwait’s finance minister told parliament the surplus would be directed towards replenishing the state’s general reserve fund.
Kuwaiti parliament approves budget for 2022-23
The budget is based on an oil price assumption of $80 a barrel. Kuwait’s finance minister told parliament the surplus would be directed towards replenishing the state’s general reserve fund.
Holiday Cash, Front-Liners’ Rewards Added To New Budget – Kuwait FM
Kuwaiti Minister of Finance Abdulwahab Al-Rushaid said Tuesday cash for civil servants’ unused holidays, front-liners’ rewa …
Holiday Cash, Front-Liners’ Rewards Added To New Budget – Kuwait FM
Kuwaiti Minister of Finance Abdulwahab Al-Rushaid said Tuesday cash for civil servants’ unused holidays, front-liners’ rewa …
Kuwait-backed Wafra raises $1.5 billion for stakes in fund managers
Wafra Inc, an investment firm backed by Kuwait’s public pension fund, said on Monday it has raised $1.5 billion for its fourth flagship fund that will acquire minority stakes in alternative asset …
Kuwait expects surplus budget
Statistics revealed that the total oil revenues achieved by Kuwait from last April to this October was about $48.11bln …
Kuwait hopes pre-Arab Summit economic, social minister talks boost joint action
Kuwait: Kuwait hopes that pre-Arab Summit economic and social ministerial talks held on Friday do much to boost joint Arab action, outlining its commitment to efforts that contribute to the decisions …
Software AG, Impulse launch first IoT platform in Kuwait
An in-country IoT platform hosted and managed in Kuwait to enable Smart Technology adoption across all public and private sectors: Infrastructure, Healthcare, Oil and Gas, Facility Management, and man …
Kuwait Drilling and Honghua strike land rig deal
Honghua to sell several units to KDC for drilling ultra-deep wells in the Middle East Middle East drilling contractor Established in 1963, KDC is 51% owned by Kuwait’s Contracting and Marine Services …
Budget nod delayed for panel review: Kuwait
An agreement has been reached to vote on the budget on Tuesday, Nov 1, 2022. During the session, Minister of Finance Abdulwahab Al-Rashead conducted a presentation on the budget; affirming the …