There are 124 patients receiving intensive care treatment for the coronavirus in Kuwait. Image Credit: File photo Cairo: Kuwait has recorded 682 new cases of the novel coronavirus over the past 24 …
Kuwait-Backed Prysm to Split Apart in Bankruptcy
Prysm, a California-based video-screen-technology developer, has filed for bankruptcy after cutting a deal to sell some assets and hand over others to lenders including Kuwait’s sovereign-wealth fund.
30 years ago, Saddam Hussein invaded Kuwait
This week marks the 30th anniversary of Iraq’s invasion of Kuwait in August 1990. That attack galvanized the George H.W. Bush administration to create an overwhelming international coalition to …
Vande Bharat Mission: Kuwait Finally Agrees to Operate Repatriation Flights to India From August 10
Days after suspending commercial flights from 31 countries, Kuwait on Thursday finally approved the request to operate repatriation flights to India. Also Read – Coronavirus: India Crosses 2 …
1MBD scandal: Kuwait ex-premier’s son sought to buy Malaysian land the size of Kuwait City
Sheikh Sabah was arrested on July 8 for money laundering Abu Dhabi: Arrested on charges of money laundering, influence peddling and squandering public funds, Sheikh Sabah Jaber Al Mubarak Al Sabah – …
1MBD scandal: Kuwait ex-premier’s son sought to buy Malaysian land the size of Kuwait City
Sheikh Sabah was arrested on July 8 for money laundering Abu Dhabi: Arrested on charges of money laundering, influence peddling and squandering public funds, Sheikh Sabah Jaber Al Mubarak Al Sabah – …
Kuwait: 10 members of parliament file vote of no-confidence against Minister of Finance
During Tuesday’s National Assembly meeting, 10 members of parliament filed a motion of no-confidence against the Minister of Finance, Barrak Al Shitan, local Kuwaiti media reported. The National …
Middle Eastern Family Businesses’ main concerns are cash flow and digital transformation- Survey
The survey takes a snapshot of key areas of concern to multi-generational family firms from Algeria, Bahrain, the UAE, Egypt, Jordan, KSA, Kuwait, Lebanon, Morocco, Oman, Qatar, Sudan, Tunisia and …
Kuwait’s $112bn pension fund has cash to burn after revamp
The Public Institution for Social Security had a record investment profit of $7.3 billion in the three months through June Kuwait’s $112 billion pension fund plans to boost investments in private …
Kuwait Starts Laying Off Expats Working in the Public Sector
Several Kuwaiti government ministries have started to lay off expatriate workers, according to a report on Tuesday by Al-Rai newspaper.