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Posted on December 11, 2020

Kuwait index closes week with modest gains

Boursa climbs 13 fils, Humansoft Holding skids KUWAIT CITY, Dec 10: Kuwait stocks eked modest gains on Thursday to end the week on positive note. The All Shares Index, after a wobbly start, climbed 10 …

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Posted on December 11, 2020

Kuwait’s new all-male parliament is a blow for women’s rights

Although none of the 29 female candidates won a seat in Kuwait’s elections they are far from stopping their efforts. But analysts fear that calls for quotas and women’s political leadership are …

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Posted on December 10, 2020

7 international firms invited to submit bids for Kuwait Oil Company contract

Kuwait Oil Company has invited seven international companies to submit their financial offers to implement the new seismic survey contract for discovering the potentials of West Kuwait and Mutriba in …

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Posted on December 10, 2020

Kuwait: Expat remittances decrease by 22%

By the end of the 2019-2020 fiscal year, there was a 3.7 per cent increase in remittances compared to the previous year, as the total rose to 4.47 billion Kuwait dinars, compared to 4.3 billion …

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Posted on December 10, 2020

Billions in the bank, yet Kuwait is squeezed for cash

When Kuwait’s prime minister returns to office in the coming weeks, he faces an apparent paradox: the Gulf state with a $550bn sovereign wealth fund is running short on cash to pay ballooning public …

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Posted on December 10, 2020

UN agencies applaud Kuwait’s anti-corruption cooperation

KUWAIT, Dec 9 (KUNA) — Representatives of the United Nations, the UN Development Program (UNDP) and the UN Office on Drugs and Crime (UNODC) appreciated the efforts of the Kuwaiti government to …

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Posted on December 9, 2020

Agthia Group to buy Kuwait’s Al Faysal Bakery and Sweets

Agthia Group, the UAE-based food and beverage business, is to acquire a bakery firm in Kuwait as part of expansion plans in the region.

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Posted on December 9, 2020

Kuwait: conflicts, catastrophes, COVID-19 increase humanitarian needs

The State of Kuwait has said that humanitarian needs were on the rise due to the upsurge of conflicts, catastrophes, and the spread of dangerous aliments including coronavirus (COVID-19).

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Posted on December 9, 2020

HM King thanked by Kuwait Amir for congratulations on polls success

His Majesty King Hamad bin Isa Al Khalifa received a cable of thanks from Kuwait’s Amir HH Shaikh Nawaf Al Ahmad Al Jaber Al Sabah for HM’s cable of congratulations on the success of the Kuwaiti …

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Posted on December 9, 2020

Kuwait Amir reappoints Sheikh Sabah Al Khalid as PM

His Majesty Sheikh Nawaf Al Ahmad Al Sabah, Amir of Kuwait, reappointed Sheikh Sabah Al Khalid Al Sabah as prime minister on Tuesday after he had submitted his government’s resignation in a procedural …

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