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 …
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 …
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 …
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 …
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 …
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.
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 …
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 …
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 …
OPEC+ agrees to boost oil output after Saudi Arabia, UAE end standoff
OPEC+ will boost oil output by as much as 400,000 barrels a day each month from August until all of its halted output has been revived..The deal will also give the UAE, Iraq and Kuwait higher output q …