Also making headlines this week were Saudi Arabia being awarded the 2034 FIFA World Cup, Kuwait halting e-visas, a massive new pedestrian network in Dubai and the top family businesses in the region …
New tax in the UAE; Lottery warning; Crypto trading in Dubai; Kuwait halts e-visas; Saudi to host 2034 World Cup – 10 things you missed this week
Also making headlines this week were Saudi Arabia being awarded the 2034 FIFA World Cup, Kuwait halting e-visas, a massive new pedestrian network in Dubai and the top family businesses in the region …
Kuwait eyes salary-tied residency fees
Hefty fines and jail time for recruiter, expat offenders KUWAIT CITY, Dec 12: Assistant Undersecretary for Residency and Citizenship Affairs at the Ministry of …
Kuwait sets 2025 start for 15% corporate tax in major fiscal overhaul
The reform comes as Kuwait seeks to diversify its revenue streams beyond oil income, following similar moves by other Gulf nations to modernise their tax systems …
The 5 Richest Men in Kuwait 2024
The richest men in Kuwait include several influential figures known for their contributions to various industries: Kutayba Alghanim: With a net worth of approximately $1.3 billion, he is the chairman …
Addresses of 119 removed from list
The Public Authority for Civil Information (PACI) has announced, through the official gazette Kuwait Alyoum, the cancellation of the …
Kuwait charts tax revamp with 15%corporate rate
This includes dividends, royalties, rent for movable and immovable property, technical services, and insurance premiums — unless those payments are linked to permanent establishments within Kuwait.
Kuwait loan fraud: Defaulters repaid smaller loans to gain trust of bank
KOCHI: The nurses who are accused of defaulting on loans issued by a Kuwaiti bank gained the trust of authorities by repaying smaller loans they had availed earlier. Police are examining whether the …
Kuwait Considers Replacing Head of $1 Trillion Wealth Fund KIA
Al-Ghenaiman, who is 65 and at retirement age according to the law, was appointed to the Kuwait Investment Authority in 2021 for … The KIA is ultimately overseen by the Kuwaiti finance minister.
Kuwait to Replace Head of Its $1 Trillion Sovereign Wealth Fund
The managing director of Kuwait’s $1 trillion wealth fund is departing after three years, capping a turbulent tenure at the global investor that’s been overshadowed by regional peers who’ve done …