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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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Posted on November 7, 2020

Kuwait: Cheap food prepared in unsanitary manner being sold on streets

Kuwait City: A building in Kuwait’s Salmiya City is on the verge of collapse, yet it is being used as a place to prepare food which is then being sold on the streets, Al Qabas reported.

( read original story …)



Posted on November 7, 2020

An ETF to Capture the Kuwait Equity Market

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 …

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Posted on November 7, 2020

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 …

( read original story …)



Posted on November 7, 2020

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.

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Posted on November 5, 2020

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 …

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Posted on November 5, 2020

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 …

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Posted on November 5, 2020

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 …

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Posted on November 5, 2020

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 …

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Posted on November 4, 2020

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 …

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