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Tag: Kuwait

Posted on August 7, 2020

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 …

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Posted on August 6, 2020

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 …

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Posted on August 6, 2020

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 – …

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Posted on August 6, 2020

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 – …

( read original story …)



Posted on August 5, 2020

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 …

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Posted on August 5, 2020

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 …

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Posted on August 5, 2020

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 …

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Posted on August 5, 2020

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.

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Posted on August 5, 2020

Coronavirus: Kuwait reports 651 new Covid-19 cases

The Kuwait health ministry on Wednesday reported 651 new cases of the Covid-19 coronavirus, along with 580 recoveries. Three new deaths were also reported. This takes the total number of cases in the …

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Posted on August 5, 2020

Kuwait’s $112 Billion Fund Has Cash to Spend After Revamp

(Bloomberg) — Kuwait’s $112 billion pension fund plans … the unit was split into eight departments from three. Former Finance Minister Anas Al-Saleh triggered the restructuring process …

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