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Posted on July 20, 2021

Baker Tilly Kuwait: IT Internal Audit …. A Step Ensuring Business Continuity

Baker Tilly Kuwait launched IT Internal Audit for business entities operating across all sectors. IT Internal Audit aims to provide reasonable assurance that the Information Systems environment …

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Posted on July 20, 2021

710 Indian workers rescued from Kuwait to be compensated, says Indian Embassy

Around 710 out of 3,600 unpaid Indian workers, who left Kuwait between November 2017 and April 2018 after being stranded there for months, will receive a compensation of KD 250 (around Rs 56,000), a …

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Posted on July 20, 2021

710 Indian workers rescued from Kuwait to be compensated, says Indian Embassy

Around 710 out of 3,600 unpaid Indian workers, who left Kuwait between November 2017 and April 2018 after being stranded there for months, will receive a compensation of KD 250 (around Rs 56,000), a …

( read original story …)



Posted on July 19, 2021

S&P Downgrades Kuwait Rating on Lack of Deficit-Financing Strategy

Rating agency S&P Global Ratings cut Kuwait’s rating by one notch citing the Gulf state’s lack of a funding strategy to finance its deficit, Zawya repor …

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Posted on July 19, 2021

Kuwait said to mull tapping future generations fund to help balance budget

RIYADH: Kuwait’s finance ministry is working on a law to allow limited withdrawals from its Future Generations Reserve Fund, Al Anba newspaper reported, citing a document from the Kuwait Investment …

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Posted on July 18, 2021

Kuwait NBK sees rising demand for credit; Q2 net profit jumps to $254mln

The National Bank of Kuwait (NBK) said it is seeing signs of rising demand for credit by households and an increase in project activity as its net profit for the second quarter more than doubled on …

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Posted on July 18, 2021

Foreign minister-level Bangladesh-Kuwait Joint Commission proposed

Foreign Minister of Kuwait Sheikh Dr Ahmed Nasser Al-Mohammed Al-Sabah has proposed a foreign minister-level joint committee to further bilateral relations between Bangladesh and Kuwait.

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Posted on July 18, 2021

Bahrain GFH Financial Group to rethink delisting from Kuwaiti bourse

GFH Financial Group B.S.C said it would reconsider its long-planned decision to delist its shares from the Kuwaiti stock exchange. The move to reconsider was based on a request from some investors and …

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Posted on July 18, 2021

Bahrain GFH Financial Group to rethink delisting from Kuwaiti bourse

GFH Financial Group B.S.C said it would reconsider its long-planned decision to delist its shares from the Kuwaiti stock exchange. The move to reconsider was based on a request from some investors and …

( read original story …)



Posted on July 18, 2021

Momen seeks favorable business environment in Kuwait for Bangladeshis

Foreign Minister Dr AK Abdul Momen has urged Kuwait to establish a forum of ‘South-South Finance Development’ for creating …

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