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Tag: Kuwait

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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Posted on October 1, 2020

Who will be Kuwait’s next crown prince?

Sabah died on Tuesday aged 91 and Crown Prince Sheikh Nawaf al-Ahmad al-Sabah was named the new ruler of the Gulf major oil exporter.

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Posted on October 1, 2020

Bahrain’s GFH approves plan to withdraw from Kuwait stock market

Bahrain-based GFH Financial Group is expected to go ahead with its plan to withdraw its listing from the stock exchange in Kuwait. The company, which is also listed in Dubai and Bahrain, had earlier …

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Posted on October 1, 2020

Death of Kuwait ruler Sheikh Sabah draws outpour of grief

The death of Sheikh Sabah Al Ahmad Al Sabah, the leader of Kuwait who earned a reputation as a seasoned diplomat and a rare ruler who could cross the region’s political and sectarian divides, touched …

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Posted on September 30, 2020

Statement by the Prime Minister on the death of the Emir of Kuwait

The Prime Minister, Justin Trudeau, today issued the following statement on the death of His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, Emir of Kuwait: “It was with great sadness that I learned …

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Posted on September 30, 2020

STC Kuwait offers 5G dedicated internet back-up to business customers

STC Kuwait has launched dedicated back-up access for enterprise customers. It said its 5G DA service is one of the best ICT services for SMEs, given the sector’s demand for faster deployment …

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Posted on September 30, 2020

Kuwait National Assembly approves proposal for demographic law

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.

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Posted on September 30, 2020

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.

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Posted on September 30, 2020

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 …

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Posted on September 30, 2020

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.

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