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Posted on August 18, 2020

Kuwait: Public draft bill turned down by parliament

Image Credit: File photo Kuwait City: The National Assembly’s finance and economic committee has rejected a public draft bill that would allow the government to borrow 20 billion Kuwaiti dinars …

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Posted on August 18, 2020

Kuwait’s anti-Israel rhetoric in spotlight after UAE deal

On the surface there’s no reason Kuwait, the kingdom at the end of the Persian Gulf, would be a leading critic of Israel. Not only does the Kingdom have no historical connection, either positive or …

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Posted on August 18, 2020

Kuwait taxi owners protest against one-passenger rule

Photos: Shoppers throng re-opened malls and shopping centres in Kuwait City Photos: Lockdown lifted in Kuwait’s Mahboula Photos: Biennial Kuwait Aviation Show kicks off with flypasts Gulf War …

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Posted on August 17, 2020

Kuwait: The Repercussions of the Expats Exodus on the Economy

A sudden drop in the number of expats living in Kuwait may have negative impacts on the country’s economy, the National Assembly’s human resources committee said. The reduction will diminish the …

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Posted on August 17, 2020

Nox, &ever set up Mideast’s first indoor vertical farm in Kuwait

Ever Middle East, a joint venture between Nox Management, a Kuwait-based investment firm with interests in the F&B sector across the Gulf region, and German firm &ever, has announced the opening of …

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Posted on August 16, 2020

Kuwait’s $65 Billion Debt Plan in Peril After Draft Law Rejected

The Kuwaiti parliament’s finance and economic panel turned down a draft bill that might have allowed the government to borrow at home and abroad just as liquid assets in the Treasury come close to …

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Posted on August 16, 2020

Utility Shamal Az-Zour Al-Oula makes debut on Boursa Kuwait

The company is the first power generation and water desalination company to be listed in Kuwait Shamal Az-Zour Al-Oula Power and Water Company made its market debut on Boursa Kuwait’s Premier Market …

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Posted on August 16, 2020

COVID-19: Kuwait records 508 new cases; tally at 76,205

Kuwait has recorded 508 new cases of the novel coronavirus over the past 24 hours, a drop of four cases against the tally announced the previous day, taking the country’s overall infections to 76,205, …

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Posted on August 16, 2020

COVID-19: Kuwait mulls scrapping flight ban

The ban includes India, Pakistan, Egypt, and the Philippines that have large communities of expatriates in Kuwait. Al Rai, quoting well-informed sources, cited a government study to stop the ban on …

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Posted on August 16, 2020

Kuwait utility Shamal Az-Zour makes market debut

The company supplies about 10% of Kuwait’s installed power capacity and 20% of water desalination capacity in the country …

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