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Tag: Kuwait

Posted on November 10, 2020

Kuwait urges expats with expired visas to alter status or exit the country by Nov 30

Officials said those found illegally residing in the country after November 30 will be deported and prevented from returning to Kuwait …

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Posted on November 10, 2020

GE wins 5-year Kuwait substations maintenance contract

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 – …

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Posted on November 10, 2020

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 …

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Posted on November 9, 2020

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 …

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Posted on November 9, 2020

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 …

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Posted on November 9, 2020

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 …

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Posted on November 9, 2020

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 …

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Posted on November 9, 2020

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 …

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Posted on November 8, 2020

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 …

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Posted on November 8, 2020

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 …

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