A total of seven listed companies – the National Bank of Kuwait (NBK), Kuwait Finance House (KFH), Zain, Agility, Boubyan Bank, Mabanee and Gulf Bank – were included. Coronavirus restrictions, the …
AXA Sells Persian Gulf Business for $269 Million to Kuwaiti-Based Group
AXA SA sold its Persian Gulf business for $269 million to a Kuwait-based group, as the French insurance giant shifts its focus and exits some overseas …
Kuwait to lose 11,450 craftsmen over the age of 60 in 2021
Kuwait City: As Kuwait will stop renewing residency permits for expats over the age of 60 who hold a high school degree or less, it is estimated that a total of 11,450 crafts will be forced to leave …
70,000 expats aged 60 and above to depart Kuwait in 2021
With the decision not to renew residence of expats who are above 60 yrs with education level high school and below by the Public Authority for Manpower, more than 70,000 expats are on the list for …
COVID-19: Kuwait set to revamp labour market rules due to pandemic
Kuwait is poised to take steps to reorganise its labour market prompted by economic impact of the global coronavirus pandemic, a local report said Sunday. The Public Authority of Manpower will issue a …
Court rules Kuwait media won’t be held accountable for publishing names of officials
In a new court ruling, which falls under the heading of victory for freedoms in general, and freedom of the press in particular, the Kuwaiti Criminal Court headed by Counselor Abdullah Al Othman …
Welcome to Salmiya, the Kuwait city so unloved by its expat population
A 20-minute drive away from Kuwait City on the picturesque coastal Gulf Road is the city of Salmiya. Despite boasting an aquarium, a scientific centre, an IMAX movie theatre, shopping malls, a …
70,000 expats aged 60 to leave Kuwait in 2021
More than 70,000 expatriates aged 60 are set to leave Kuwait next year in implementation of a decision stopping renewal of residency permits for migrant workers who reach this age, a Kuwaiti newspaper …
Of Fourth United States-Kuwait Strategic Dialogue
The text of the following statement was released by the Governments of the United States of America and the State of Kuwait. Begin text: The …
Kuwait court to deliver verdict in Bangladesh MP Shahid case on Jan 28
A criminal court in Kuwait has set Jan 28, 2021 for the delivery of the verdict in a case against Bangladeshi MP Shahid Islam alias Kazi Papul over human-trafficking and money-laundering charges.