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Tag: Kuwait

Posted on September 2, 2020

One of the world’s richest petrostates, Kuwait is running out of cash

Slow to adjust big-spending habits as oil revenues fall, the Gulf states are hurtling toward a moment of economic reckoning, prompting renewed debate over the future of nations …

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Posted on September 2, 2020

Kuwait: Pakistani man accuses woman of sexual assault

A Pakistani man accused a woman of sexually abusing him and pickpocketing 350 Kuwaiti dinars (Dh4,211), local media reported. The man complained to police that the woman hugged and bewitched him …

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Posted on September 2, 2020

Kuwait: Man files cases against Prime Minister, National Assembly Speaker and 49 MPs

A man has lodged a lawsuit against the Public Institution for Social Security, the Prime Minister, the National Assembly Speaker and 49 MPs. Image Credit: Pixabay Dubai: A Kuwaiti man has lodged a …

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Posted on September 2, 2020

Kuwait Looks To Ease Dependence On Saudi Arabia With New Oil Development

The Kuwait Oil Company (KOC) announced recently that it intends to issue tenders for the purchase of 24 rigs to support plans to expand its oil and gas output capacity at large oilfields such as Ratqa …

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Posted on September 1, 2020

Domestic inflation in Kuwait rose 1.92% in July

KUWAIT CITY – Data from the Kuwait Central Bureau of Statistics showed that the consumer price index (inflation) in Kuwait increased by 1.92 percent in July, on an annual basis. In its monthly …

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Posted on September 1, 2020

Kuwait prime minister told cabinet emir’s health situation is in improvement: tweet

CAIRO (Reuters) – Kuwait’s prime minister told the cabinet on Monday the health situation of the 91-year old emir is in improvement, according to a cabinet tweet. Emir Sheikh Sabah al-Ahmad al-Sabah …

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Posted on August 31, 2020

Kuwait teachers association criticises Minister of Education

Al Harbi lost confidence of teachers for mismanagement of education during COVID-19 Kuwait City: The Kuwait Teachers Society directed harsh criticism towards the Minister of Education, Dr. Saud Al …

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Posted on August 31, 2020

COVID-19: Kuwait surpasses China in number of cases

Both China and Kuwait have had various types of lockdowns. The first lockdown in China was the closure of Wuhan’s borders, on January 23, as Chinese authorities suspended all tr …

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Posted on August 31, 2020

Kuwait wants to lower public debt ceiling to 10 billion dinars

Gulf state is at risk of depleting its Treasury liquid assets if oil prices don’t improve Kuwait City: Kuwait’s government will study an idea to lower by half the ceiling on public debt as part of …

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Posted on August 30, 2020

1MBD: Kuwait banks alerted intelligence unit 11 times

Financial Intelligence Unit has accurate count of money laundering complaints Kuwait City: The Kuwaiti National Assembly’s Malaysian Fund Investigation committee revealed that the Financial …

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