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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

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

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 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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Posted on August 16, 2020

Kuwait JV opens large-scale indoor vertical farm

Ever Middle East, a joint venture between Kuwait’s NOX Management and German company &ever, in partnership with German engineering companies SAP and Viessmann, has opened the first commercial indoor …

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Posted on August 16, 2020

Coronavirus: Kuwait reports 508 new Covid-19 cases, 616 recoveries

The Kuwait health ministry on Sunday reported 508 new cases of the Covid-19 coronavirus, along with 616 recoveries. Three new deaths were also reported. This takes the total number of cases in the …

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Posted on August 16, 2020

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

Shamal Az-Zour Al-Oula Power and Water Company today (August 16) made its debut on Boursa Kuwait’s Premier Market at 9am. Shamal Az-Zour Al-Oula is Kuwait’s first company established under the …

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Posted on August 15, 2020

COVID-19: Kuwait registers 512 new cases, 4 deaths

Kuwait recorded 512 new coronavirus cases which takes the overall infections to 75,697 in the country. Photo for illustrative purposes. Image Credit: AFP Cairo: Kuwait has confirmed 512 new cases of …

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Posted on August 15, 2020

120,000 residency violators still in Kuwait

Kuwait’s Ministry of Interior has said that there are 120,000 violators of the residence law in the country who did not take advantage of the amnesty period given by the government to leave the …

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