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Tag: Kuwait

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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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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