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Tag: Kuwait

Posted on February 9, 2021

Tata Group arm Titan Watches targets Kuwait, Oman, Africa for expansion

Titan Watches – an arm of the Indian conglomerate Tata Group and the fifth largest watchmaker globally – is set to unveil its next phase of expansion in the Middle East. The plan will see the company …

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Posted on February 8, 2021

Kuwait Diesel Gensets Market 2020 Analysis on Historical Development and Future Forecast to 2025

The production business in Kuwait is flourishing among a sequence of new variety of projects which has completed in …

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Posted on February 8, 2021

What Can I do! Hairstylists Lament The Closure of Salons in Kuwait

Elizabeth was barely a month into her new job in Sabah Al-Salem as a hairstylist and manicurist, but she is now out of work once more, after Kuwait agai …

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Posted on February 7, 2021

Agility subsidiary asked to evacuate from Kuwait site

A subsidiary of one of the region’s largest logistics companies has been asked to evacuate from its location in South Amghara, Kuwait, the company announced on Sunday. In a statement to Boursa Kuwait, …

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Posted on February 6, 2021

Kuwait Finance House Q4 net profit falls 22pc as COVID-19 hurts economy

Fitch Ratings, which cut its ratings outlook on Kuwait to negative on Wednesday, has forecast that the oil producer’s economy will stage a modest recovery this year, and estimated last year’s …

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Posted on February 5, 2021

Kuwait Finance House Q4 net profit falls 22% as COVID-19 hurts economy

DUBAI- Kuwait Finance House on Thursday reported a 22% drop in fourth-quarter net profit and a 40.9% drop in 2020 net profit, blaming the annual fall on a sharp slide in investment income and a rise …

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Posted on February 5, 2021

Kuwait Finance House Q4 net profit falls 22% as COVID-19 hurts economy

DUBAI- Kuwait Finance House on Thursday reported a 22% drop in fourth-quarter net profit and a 40.9% drop in 2020 net profit, blaming the annual fall on a sharp slide in investment income and a rise …

( read original story …)



Posted on February 5, 2021

Kuwait wealth fund’s diplomatic immunity challenged in UK tribunal

A UK employment tribunal has been told the London-based Kuwait Investment Office cannot rely on state or diplomatic immunity because the sovereign wealth fund is a “separate legal entity” and not part …

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Posted on February 4, 2021

Kuwait sovereign wealth fund’s diplomatic immunity challenged in tribunal

A UK employment tribunal has been told the London-based Kuwait Investment Office cannot rely on state or diplomatic immunity because the sovereign wealth fund is a “separate legal entity” and not part …

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Posted on February 3, 2021

Kuwait transfers assets to wealth fund to unlock cash

Kuwait has transferred the last of its performing assets to the country’s sovereign wealth fund in exchange for cash to cover its budget shortfall. Kuwait’s government has transferred the last of its …

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