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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …