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 …
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 …
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 …
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 …
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 …
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.
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 …
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 …
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, …
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, …