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 …
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, …
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 …