The approved bill is set to improve Kuwait’s competitiveness and ease business indices, the Minister of Commerce and Industry said on Tuesday. The bill was approved by 35 of the 42 members present.
Kuwait leads most of Gulf lower as financials drag
Most bourses in the Gulf ended lower on Tuesday, hurt by their financial shares, with Kuwait hardest hit as investors shunned stocks across the board.
Sheikh Nawaf sworn in as Kuwait’s new ruling emir
Kuwait’s Sheikh Nawaf Al Ahmad Al Sabah was sworn in Wednesday as the ruling emir of the tiny oil-rich country, propelled to power by the death of his half-brother after a long career in the security …
New Kuwait Emir Takes Over Economy Constrained by Politics
Sabah, 83, has taken the reins of one of the world’s wealthiest countries as it faces a financial crisis made worse by internal political wrangling.
Sheikh Sabah, ruler of US ally Kuwait, dies at age 91
Kuwait hosts some 13,500 American troops, many at Camp Arifjan south of Kuwait City, which is also home to the forward command of U.S. Army Central.
Kuwait ruler, longtime diplomat Sheikh Sabah, dies at age 91
Sheikh Sabah Al Ahmad Al Sabah, the ruler of Kuwait who drew on his decades as the oil-rich nation’s top diplomat to push for closer ties to Iraq after the 1990 Gulf War and solutions to other …
Death of Kuwait ruler Sheikh Sabah draws outpouring of grief
The death of Sheikh Sabah Al Ahmad Al Sabah, the leader of Kuwait, is drawing an outpouring of grief from across the Arab world …
Kuwait’s ruler Sheikh Sabah has died at 91
Prior to becoming the ruler of the small, oil-rich Gulf state, Sheikh Sabah spent decades as a foreign minister and has been credited with shaping Kuwait’s foreign policy.
‘Wise leader’: World reacts to Kuwait ruler Sheikh Sabah’s death
The 91-year-old late monarch has been hailed as ‘the emir of humanity’ and a ‘wise leader’ by his contemporaries.
Mideast Stocks: Kuwait leads most of Gulf lower as financials drag
Most bourses in the Gulf ended lower on Tuesday, hurt by their financial shares, with Kuwait hardest hit as investors shunned stocks across the board. In Kuwait, the index retreated 2.2%, its biggest …