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Tag: Kuwait

Posted on November 2, 2022

Kuwait to use budget surplus to replenish General Reserve Fund

KUWAIT – Kuwait will use an expected budget surplus for fiscal year ending March 31, 2023 to replenish its General Reserve Fund, its finance minister said, after running down the GRF during the …
Posted on November 1, 2022

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.
Posted on November 1, 2022

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.
Posted on November 1, 2022

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 …
Posted on November 1, 2022

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 …
Posted on October 31, 2022

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 …
Posted on October 30, 2022

Kuwait expects surplus budget

Statistics revealed that the total oil revenues achieved by Kuwait from last April to this October was about $48.11bln …
Posted on October 29, 2022

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 …
Posted on October 27, 2022

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 …
Posted on October 26, 2022

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 …

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