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Posted on May 4, 2021

The Latest: Kuwait to bar unvaccinated from traveling abroad

Kuwait’s government is barring unvaccinated residents from traveling abroad starting later this month, the latest attempt to tame the spiraling coronavirus outbreak in the Gulf Arab sheikhdom.

( read original story …)



Posted on May 3, 2021

Kuwait: MP submits motions to interrogate Minister of Finance and Minister of Foreign Affairs

Both motions have been filed under the same clause stating that both Ministers did not adhere to Article 99 of the Kuwaiti constitution which refers to ministers having to answer questions regarding …

( read original story …)



Posted on May 2, 2021

Iraq Pays another $380m Reparations to Kuwait

By John Lee. The United Nations Compensation Commission (UNCC) made available $380 million to the Government of the State of Kuwait towards the Commission’s remaining claim with an outstanding award …

( read original story …)



Posted on May 2, 2021

Iraq Pays another $380m Reparations to Kuwait

By John Lee. The United Nations Compensation Commission (UNCC) made available $380 million to the Government of the State of Kuwait towards the Commission’s remaining claim with an outstanding award …

( read original story …)



Posted on May 2, 2021

Kuwait: Travel agents incur over KD100 million in losses due to COVID-19

Cairo: The global COVID-19 pandemic and related restrictions have taken a heavy toll on travel firms in Kuwait, with losses estimated at over KD100 million, a Kuwaiti unionist has said. Around 200 …

( read original story …)



Posted on May 2, 2021

Kuwait: Travel agents incur over KD100 million in losses due to COVID-19

Cairo: The global COVID-19 pandemic and related restrictions have taken a heavy toll on travel firms in Kuwait, with losses estimated at over KD100 million, a Kuwaiti unionist has said. Around 200 …

( read original story …)



Posted on May 2, 2021

A Statement By Kuwait Financial Centre “Markaz”

Kuwait Financial Centre “Markaz” issued a statement revealing that, on the evening of Friday 30th April 2021, a member of its Executive Management has b …

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Posted on May 1, 2021

Al Mulla breaks ground on Merc-Benz services centre in Kuwait

Al Mulla Automobiles Company, a member of Al Mulla Group and the sole authorised distributor and exclusive service and repair partner of Mercedes-Benz in Kuwait, has officially broken ground on its …

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Posted on April 30, 2021

Financial markets: Is it too late for Kuwait?

The country’s model of financing relentless consumption from dwindling oil revenues is under attack from all sides. Covid-related credit relief has hit the banks’ bottom lines and they are joining the …

( read original story …)



Posted on April 29, 2021

Fitch Affirms Kuwait International Bank at ‘A+’; Outlook Negative

Fitch Ratings has affirmed Kuwait International Bank K.S.C.P.’s (KIB) Long-Term Issuer Default Rating (IDR) at ‘A+’ …

( read original story …)



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