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Tag: Kuwait

Posted on August 22, 2020

Kuwait: Three officers indicted as money laundering crackdown continues

Investigations are ongoing in Kuwait to continue the crackdown to find and prosecute all those involved in the money laundering network. Image Credit: Shutterstock Abu Dhabi: Three Kuwaiti officers …

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Posted on August 22, 2020

Kuwait suspends security chief, officers over ‘leaked recordings’

Kuwait’s Deputy Prime Minister and Minister of Interior Anas Al-Saleh. — Courtesy photo Saudi Gazette reportKUWAIT CITY — Kuwait has suspended the director-general of state security, the former …

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Posted on August 21, 2020

Kuwait’s Yumz Is On A Mission To Help Children Eat Healthier

The Kuwaiti startup specializes in healthy food meal plans to kids, with customers ranging from kids ages 2-16 years old, active young athletes, kids who are suffering from health issues, and more.

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Posted on August 20, 2020

Kuwait passes law to protect ailing companies, attract investors

KUWAIT- The Kuwaiti parliament has approved a law to increase … This law is “one of the most important laws supporting improving the business environment and attracting foreign investment,” the …

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Posted on August 20, 2020

Indian expats in Kuwait worried over salaries beyond October

Kuwait, which is facing a liquidity crisis following the fall in oil prices, approves Indian request to operate flights to repatriate expats wishing to return home …

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Posted on August 19, 2020

Kuwait National Assembly approves domestic violence draft law

Law will include protective and preventive measures against domestic violence Kuwait City: Kuwait’s National Assembly approved a domestic violence draft law and will send it to the government …

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Posted on August 19, 2020

Kuwait Can’t Pay Salaries Beyond October, Minister Tells Parliament

(Bloomberg) — Kuwait has 2 billion dinars ($6.6 billion) worth of liquidity in its Treasury and not enough cash to cover state salaries beyond October, Finance Minister Barak Al-Sheetan said.The …

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Posted on August 19, 2020

Iraq’s al-Faw port project’s endless delays

However, Iraq’s neighbors may not see the completion of the port as being in their interests because it could take away some of their business. On July 24, Kuwait rejected Iraq’s request to join …

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Posted on August 18, 2020

What’s behind corruption and money laundering scandals plaguing Kuwait?

From involvement of Kuwaitis in 1MBD to domestic bribes, Kuwait has seen rise in graft The Malaysian fund scandal, otherwise known as 1Malaysian Development Berhad (1MBD) case, was one of the most …

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Posted on August 18, 2020

Fluor Joint Venture Achieves Final Provisional Turnover of the Facilities on Clean Fuels Megaproject in Kuwait

Fluor Corporation (NYSE: FLR) announced today that its joint venture with Daewoo Engineering & Construction and Hyundai Heavy Industries has successfully achieved final provisional turnover of the …

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