B lackRock iShares’ recently launched Kuwait exchange traded fund can help investors take a targeted approach to an emerging Middle East economy. The iShares MSCI Kuwait ETF (CBOE: KWT), which was …
Which 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 …
Egyptian government fires official who insulted Kuwait to avoid diplomatic crisis
Recurring incidents of Kuwaiti citizens assaulting Egyptian workers and Egyptian social media posts that went viral have stirred tensions between the two countries.
COVID-19 in GCC: 18 die in Saudi Arabia, 11 in Oman, 5 in Kuwait
The Saudi Ministry of Health registered 450 new cases of COVID-19, raising the total number of confirmed infections in the kingdom to 349,386. Image Credit: AFP Dubai: The tally of COVID-19 cases in …
Soldiers re-enlist at historic Kuwait landmark
In front of a host nation’s historical landmark, two 42nd Infantry Division Soldiers stand side-by-side, showcasing their devotion to their community, state and nation. In front of the Kuwait Martyr’s …
Worker searches landfill site in Kuwait for £20,000 savings he threw away
An expatriate worker in Kuwait has been scouring a landfill site looking for his life savings, after throwing more than £20,000 of local currency into a bin by mistake.The Egyptian man, who has not …
Kuwait to spearhead Mideast refinery capacity growth by 2024
Supported by its Al Zour project, Kuwait is expected to lead the refinery capacity growth in the Middle East over the next four years …
Kuwait Finance House records $330.5mln net profit until end of Q3 of 2020, EPS reaches 13.31 fils
Chairman of Kuwait Finance House Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, reported net profit of KD 101.2 million until end of Q3 of 202 …
COVID-19: Kuwait government mulls possible return of partial curfew
If Kuwait’s number of confirmed COVID-19 cases surge in the next six to 10 weeks, the country might re-enter a partial lockdown. Image Credit: File photo Kuwait City: During a recent meeting, the …
Kuwait’s $124 Billion Pension Fund Had Record First-Half Profit
(Bloomberg) — Kuwait’s $124 billion pension fund racked up a record profit in the first half, continuing a turnaround for an institution previously marred by a corruption scandal. Load Error The …