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Posted on November 11, 2020

MSCI adds Kuwait stocks to emerging market index at 0.58% weight

MSCI, the world’s largest index provider, on Wednesday reclassified Kuwait stock indexes to emerging markets status from frontier, a move that could funnel at least $2 billion in passive investment …

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Posted on November 10, 2020

Kuwait: 190,000 expats must renew visas if they want to stay

Only those whose residencies expired between March and August 2020 are eligible to renew their residencies during the grace period. Image Credit: Gulf News archive Kuwait City: Kuwait’s Ministry of …

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Posted on November 10, 2020

Plans for direct flights to Kuwait from 34 banned country awaits health authorities decision

Since Kuwait International Airport has been opened for commercial aviation from August until 8th November, in a period of 100 days about 192,000 passengers entered Kuwait. From these majority were …

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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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