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Posted on September 29, 2020

Kuwait’s New Ruler to Seek Stability Among Fractious, Powerful Neighbours

Sabah, named crown prince of the oil producing country in 2006, is in line to succeed his brother Emir Sheikh Sabah al-Ahmad, whose death was announced on Tuesday. Under Nawaf, 83, Kuwait is likely to …

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Posted on September 29, 2020

Crown prince becomes oil-rich Kuwait’s new ruling emir

Kuwait’s Crown Prince Sheikh Nawaf Al Ahmad Al Sabah became the oil-rich nation’s new ruling emir Tuesday night, state media reported, reaching the highest post in the country after decades in its …

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Posted on September 29, 2020

Ruler of Kuwait Sheikh Sabah al-Sabah dies at 91

Emir who mediated to prevent conflict between Qatar and Saudi Arabia will be succeeded by his brother …

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Posted on September 29, 2020

Kuwait Steel says digital transformation has enabled new levels of manufacturing productivity and efficiency

Kuwait Steel (United Steel Industrial Company), one of the largest manufacturers in Kuwait, has said that its digital transformation with global technology company SAP is enabling new levels of …

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Posted on September 29, 2020

New bankruptcy bill improves Kuwait’s competitiveness indices

KUWAIT, Sept 29: The new bankruptcy law – approved by the National Assembly — will improve Kuwait’s competitiveness and ease of business indices, the Ministry of Commerce and Industry said Tuesday.

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Posted on September 29, 2020

Kuwait Steel Digitally Transforms with SAP to Boost Manufacturing Growth

One of Kuwait’s largest manufacturers, Kuwait Steel (United Steel Industrial Company), has said that its digital transformation with global technology c …

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Posted on September 29, 2020

GCC bond market pipeline promising; Bahrain, Oman likely next to issue debt

The pipeline for bond issuances by GCC governments looks strong as Oman and Kuwait are expected to be the next countries to issue the debt instrument. James Swanston, economist for the Mena region at …

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Posted on September 28, 2020

COVID-19: Kuwait domestic workers’ salaries surge to Dh4,795 in black market

With visas for domestic workers halted, the average salary for domestic workers in the black market has reached 400 Kuwaiti dinars (Dh4,795), the head of the Domestic Workers Recruitment office Union, …

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Posted on September 28, 2020

Kuwait reports 437 new COVID-19 cases

Dubai: Kuwait on Monday reported 437 new COVID-19 cases and four more deaths, raising the tally of infections to 103,981 and the death toll to 605, the Health Ministry said in a statement. Currently, …

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Posted on September 28, 2020

MoH: 582 recoveries from COVID-19 in Kuwait, tally at 95,511

Kuwait Ministry of Health said Monday 582 people recovered from coronavirus (Covid-19) in the past 24 hours to raise total to 95,511.
The ministry added, in a statement to KUNA, that the new …

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