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Tag: Kuwait

Posted on October 4, 2020

Kuwait Petroleum Corporation raises 1 bln dinars loan

State-run Kuwait Petroleum Corporation (KPC) has agreed a 1 billion dinar ($3.27 billion) loan with National Bank of Kuwait (NBK) and Kuwait Finance House, NBK said in a bourse filing.

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Posted on October 4, 2020

How will the death of Kuwait’s Sheikh Sabah affect GCC relations?

Some Gulf countries may seek to test the commitment of Kuwait’s new leadership to speak up for Gulf Cooperation Council.

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Posted on October 4, 2020

Kuwait Central Bank Denies Plan to Devalue, Stands by Peg

The Central Bank of Kuwait, which pegs the dinar to a basket of currencies dominated by the U.S. dollar, affirmed its commitment to the country’s exchange-rate policy, responding to reports of an …

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Posted on October 4, 2020

FM leaves for Kuwait Sunday carrying message from Dhaka

Foreign Minister Dr AK Abdul Momen leaves here on Sunday morning for oil-rich country Kuwait carrying a special message from Bangladesh.The Foreign Minister, as a special envoy of Prime Minister …

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Posted on October 4, 2020

With the death of its emir, what’s next for Kuwait?

What does the death of Sheikh Sabah mean for the region, and the future of Kuwait? 2 Oct 2020 One of the last of his generation, Kuwait’s Emir Sheikh Sabah Al Ahmad Al Jaber Al Sabah died this week …

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Posted on October 4, 2020

Thousands of expats from Kuwait stuck in the UAE amid COVID-19 travel restrictions

Sharafudheen (centre), an Indian expat from Kuwait, along with four of his colleagues staying in a shared accommodation for bachelors in Dubai say they can’t afford the ticket fare for their onward …

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Posted on October 3, 2020

Riyadh governor sends condolences to Kuwait over ruler’s death

The governor’s message was delivered by the undersecretary of Riyadh principality, Faisal Al-Sudairy, in a visit to the Kuwaiti Embassy in Riyadh. (SPA) Short Url https://arab.news/n9bjr RIYADH: …

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Posted on October 2, 2020

Factbox: Who will be Kuwait’s next crown prince?

He lost the post last year in a cabinet reshuffle. A key figure in Kuwait’s “Vision 2035” plan, business-minded Nasser has pushed to diversify the economy away from oil and strengthen …

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Posted on October 2, 2020

Sheikh Sabah al-Sabah, emir of Kuwait obituary

Ruler of Kuwait for 14 years who was known as ‘the dean of Arab diplomacy’ …

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Posted on October 2, 2020

Kuwait’s leader has died. The royals are now fighting over who will be crown prince.

Sabah died. The reins of authority in this ruling monarchy have passed to his half-brother and crown prince, 83-year-old Sheikh Nawaf Ahmed al-Sabah. Kuwaitis now wonder, given the new emir’s advanced …

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