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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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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.

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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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