GE Renewable Energy said its Grid Solutions business has secured a long-term maintenance contract from Kuwait’s Ministry of Electricity and Water for 54 substations of different voltage levels – …
MENA fund managers to decrease investments in Kuwait – Reuters poll
Middle Eastern fund managers plan to decrease investments in Kuwait in the current quarter on economic and valuation concerns, according to a Reuters poll, while their expectations for the rest of the …
Mideast Stocks: Kuwait bourse gains in early trade, other Gulf markets firm
Kuwait’s stock market registered moderate gains early on Monday as investors awaited results from global index provider MSCI’s semi-annual review due on Tuesday, while gains in financial and …
Kuwait going “All Out” on expats, Saudi a step behind, as GCC exodus continues
Kuwait is baffling the world with its intent on driving out expats from the country in an attempt to employ as many Kuwaiti citizens as possible in previously help jobs by foreigners. While the idea …
Kuwait continues search for solution to Gulf dispute
Image Credit: File picture used for illustrative purposes. Kuwait City: A senior government source confirmed that Kuwait is committed to resolving the Gulf dispute, Al Qabas reported. The source …
Kuwait- KFAED launches campaign to aid Syrian refugees in Lebanon
(MENAFN – Kuwait News Agency (KUNA)) BEIRUT, Nov 8 (KUNA) — Kuwait Fund for Arab Economic Development (KFAED) launched a two-month campaign on Sunday to aid Syrian refugees in Lebanon …
GlobeX Data Signs Distribution Agreement Kuwait, Expanding Deals in Arab Gulf Countries
Additionally, as previously announced, GlobeX Data has initiated a drive to sign additional distribution agreements with all of the Gulf Cooperation Council countries (G.C.C.) which include the …
Kuwait: Boursa Passive Flows Projected to Hit $2.9 Billion
Boursa Kuwait said that passive flows are expected to reach $2.9 billion, slightly lower than the previous estimate of $3.1 billion by Kamco Invest, a K …
Which other GCC state could introduce income tax after Oman?
Bahrain and Kuwait could be the next GCC countries to introduce income tax after Oman in the oil-rich region as low crude prices and the coronavirus pandemic takes a toll on government revenues, say …
Kuwait: Cheap food prepared in unsanitary manner being sold on streets
Kuwait City: A building in Kuwait’s Salmiya City is on the verge of collapse, yet it is being used as a place to prepare food which is then being sold on the streets, Al Qabas reported.