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Tag: Kuwait

Posted on September 4, 2020

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 …

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Posted on September 3, 2020

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 …

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Posted on September 3, 2020

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 …

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Posted on September 3, 2020

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 …

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Posted on September 3, 2020

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 …

( read original story …)



Posted on September 3, 2020

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 …

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Posted on September 3, 2020

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 …

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Posted on September 2, 2020

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 …

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Posted on September 2, 2020

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 …

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Posted on September 2, 2020

Kuwait: Pakistani man accuses woman of sexual assault

A Pakistani man accused a woman of sexually abusing him and pickpocketing 350 Kuwaiti dinars (Dh4,211), local media reported. The man complained to police that the woman hugged and bewitched him …

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