The Kuwaiti cabinet on Monday told the National Fund for Small and Medium Enterprises Development to set up mechanisms to disburse support to eligible …
Kuwait to give support to suspended business activities due to COVID-19
The Kuwaiti cabinet on Monday told the National Fund for Small and Medium Enterprises Development to set up mechanisms to disburse support to eligible …
Kuwait’s Jazeera Airways to Colombo
Kuwaiti budget carrier Jazeera Airways has announced the launch of a new service to the Sri Lankan capital, offering direct flights between Kuwait and Colombo twice a week. According to the flight …
Ooredoo Kuwait Group revenue falls 8% in Q4, customer base down 5%
Ooredoo Kuwait Group revenue decreased by 8 percent in the fourth quarter ended 31 December 2020 to KWD 151.1 billion from KWD 163.5 million in the same period in 2019. EBITDA declined by 22 percent …
Mandatory hotel quarantine in Kuwait for all incoming passengers to begin next week
Kuwait’s decision to impose a mandatory seven-day institutional quarantine for all incoming flight passengers is set to begin on Sunday, February 21. As per the decision, the costs for the hotel …
Dusit to open its first hotel in Kuwait
Dusit International signed a hotel management agreement with Al Fajer International Holding Company, a Kuwait-based private real estate company, to manage the Dusit Princess Mahboula Kuwait. The 180 …
Kuwait reports 798 new COVID-19 cases, 177,701 in total
Kuwait reported on Sunday 798 new COVID-19 cases, bringing the total number of confirmed cases in the country to 177,701. The Kuwaiti Health Ministry also announced five more deaths, taking the death …
Kuwait: 765 covid patients cured of infection past 24 hours
Up to 765 patients who suffered from infection with the novel coronavirus (COVID-19) recovered during past 24 hours, putting whole count of the recuperated from the contagion at 166,019, the Kuwaiti …
Rasmala Investment Bank’s Doug Bitcon on Kuwait’s Currency Peg, the UAE Real Estate Market
Doug Bitcon, Rasmala Investment Bank Head of Credit Strategies, discusses Kuwait’s currency peg with the state unable to borrow, the Kuwaiti dinar 12-month forwards, and the UAE’s real estate market.
Kuwait and Morocco plans Covid vaccination campaign
According to the Kuwait Times, the Kuwaiti Ministry of Health approved extending the period between the two doses of the Oxford-AstraZeneca vaccine from 4 weeks to 12 weeks. This move comes as …