An empty classroom is seen in a private school in Hawally, after the Ministry of Education suspended schools and universities, in Kuwait city, Kuwait, March 2, 2020. (File photo: Reuters) Kuwait’s …
Oil tanker heading to India from Kuwait catches fire off Sri Lanka
A fire broke out on a large oil tanker off the eastern coast of Sri Lanka on Thursday, leaving one of its 23 crew members missing and another injured, a navy spokesman said. Both were identified as …
Kuwait swears in first female judges in country’s history
They were among 54 people appointed as judges to the supreme court, reported the official Kuwait News Agency (KUNA). The female judges’ work will be evaluated after a period of time, said Yousef …
Kuwait: Government may approve public debt law by decree
Drop in oil prices and COVID-19 have had negative effect on economy Kuwait City: The Kuwaiti government has prioritized passing the public debt law and may possibly do so in an emergency decree if …
Kuwait Diesel Gensets Market Growth, Trends, And Forecast (2020 – 2025)
The kuwait diesel gensets market is expected to exceed more than USD 79 million by 2024. The scope of the report includes a detailed study of global and regional markets for various types of coatings …
Kuwait Diesel Gensets Market Growth, Trends, And Forecast (2020 – 2025)
The kuwait diesel gensets market is expected to exceed more than USD 79 million by 2024. The scope of the report includes a detailed study of global and regional markets for various types of coatings …
Kuwait runs short of cash
KUWAIT: When Kuwait’s then-Finance Minister Anas Al-Saleh warned in 2016 that it was time to cut spending and prepare for life after oil, he was ridiculed by a population raised on a seemingly endless …
One of the world’s richest Petrostates is running out of cash: Kuwait
Four years on, one of the world’s richest countries is struggling to make ends meet as a sharp decline in energy prices raises profound questions over how Gulf Arab states are run. Kuwait can’t pay …
Oil-rich Kuwait is running out of cash
“It’s not a solvency problem, although it’s considered a cash drought,” said Jassim Al-Saadoun, head of Kuwait-based Al-Shall Economic Consultants. The Kuwait City-based wealth fund has already come …
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 …