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Tag: Kuwait

Posted on February 3, 2021

Fitch cuts Kuwait’s outlook to negative as reforms are delayed

Kuwait’s rating outlook was cut to negative from stable at Fitch as political bickering delays reforms and stymies borrowing. “The revision of the outlook reflects near-term liquidity risk associated …

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Posted on February 3, 2021

Seafarers on hunger strike, hospitalised in Kuwait to stop families going hungry

After 11 months without pay for their families, 19 seafarers on board the MV Ula bulk carrier in the port of Shuaiba, Kuwait have gone on a hunger strike. The mixed crew from India, Turkey, Azerbaijan …

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Posted on February 3, 2021

Fitch cuts outlook on Kuwait’s debt rating to ‘negative’

Rating agency Fitch said on Wednesday it downgraded the outlook on Kuwait’s sovereign debt rating to “negative” from “stable”, saying it saw near-term liquidity risks associated with the state …

( read original story …)



Posted on February 3, 2021

Fitch cuts outlook on Kuwait’s debt rating to ‘negative’

Rating agency Fitch said on Wednesday it downgraded the outlook on Kuwait’s sovereign debt rating to “negative” from “stable”, saying it saw near-term liquidity risks associated with the state …

( read original story …)



Posted on February 2, 2021

Kuwait: COVID-19 cases in January double those in December

Gulf state urges people to adhere to precautionary measures and avoid social gatherings Dubai: Kuwait’s health authorities have revealed that the number of COIVD-19 cases registered in January were …

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Posted on February 2, 2021

Mezzan Holding inks pact with Savola subsidiary to distribute products in Kuwait

Savola Group logo Mezzan Holding Co. signed an agreement with Savola Group’s subsidiary, Afia International, to distribute its products in Ku …

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Posted on February 2, 2021

Kuwait- Palestinian Hospital rebuilt after KFAED support

The Palestinian Government announced on Monday the completion of Maternity Hospital project in Al-Shifaa medical area after donation by Kuwait Fund for Arab Economic Development (KFAED).
The Nati …

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Posted on February 2, 2021

Kuwait extends bid deadline for gas terminal study

State-owned Kuwait Integrated Petroleum Industries Company (KIPIC) has extended the bid deadline for a contract to conduct a study for its planned $2.9bn liquified natural gas (LNG) import facility in …

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Posted on February 2, 2021

Youth jailed in Kuwait: HC orders CB probe into drug ring’s role

Despite having apprehended the drug ring involved in sending the petitioner’s son to Kuwait with the contraband, no investigation into that incident was conducted.

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Posted on February 1, 2021

Jazeera Airways plans to open flight from Kuwait to Bishkek and Osh

Chairman of the Board of Manas International Airport OJSC Baktybek Sydykov met with representatives of the Jazeera Airways of Kuwait, the press service of the Manas airport said, Trend reports citing …

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