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Tag: Kuwait

Posted on July 13, 2020

Kuwait Public Prosecution demands immunity be lifted of MPs in connection to money laundering case

The gang levied between 2,500 dinars ($8,125) and 2,700 dinars ($8,775) in exchange for the promise of job contracts in Kuwait to work for the company, even though it was shut down due to several …

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Posted on July 13, 2020

COVID-19 in Kuwait: Private businesses, workers hit by economic downturn

Almost 80 percent of companies in Kuwait have been severely impacted by the plunge in business due to the pandemic, the country’s financial and economic affairs committee said in a report submitted to …

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Posted on July 13, 2020

COVID-19: Kuwait registers 836 new cases, 4 deaths

Gulf News archive Cairo: Kuwait has recorded 836 further cases of the novel coronavirus over the past 24 hours, taking the country’s infection tally to 54,894, the Kuwaiti news agency KUNA reported …

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Posted on July 12, 2020

Kuwait Asks Parliament to Approve Debt Law to Help Cover Deficit: Lawmaker

KUWAIT — Kuwait’s government formally submitted a public debt law to parliament on Sunday which would allow it to borrow 20 billion dinars ($65 billion) over 30 years, including 8 billion dinars to …

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Posted on July 12, 2020

Construction Downturn: Value of Kuwait projects plunge by 40% in H1 over coronavirus

The spread of coronavirus lowered the value of projects awarded by Kuwait to local companies by nearly 40 percent in the first half of 2020, news reports showed on Sunday. From around 840 million …

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Posted on July 12, 2020

We Got Funded: Kuwait-Born Proptech Startup Ajar Closes Pre-Series A Round

The startup is leveraging on the opportunity by improving its platform features, investing on its team to boost its growth, and gearing up for a regional digital expansion to Saudi Arabia, Egypt, and …

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Posted on July 11, 2020

Kuwait advises citizens and residents not to travel

Kuwait airport is scheduled to open at 30 per cent capacity on August 1. Image Credit: AP Kuwait City: Kuwait’s Ministry of Health has advised citizens and residents not to travel, with COVID-19 cases …

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Posted on July 11, 2020

Kuwait COVID-19 recoveries up 747 to 43,961

The number of coronavirus recoveries in Kuwait rose by 747 to 43,961 over the past 24 hours, the health ministry said on Saturday.This comes after the necessary health checks and safety procedures …

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Posted on July 11, 2020

Coronavirus: Kuwait reports 478 new Covid-19 cases

Kuwait reports 478 new Covid-19 cases . The Kuwait health ministry on Saturday reported 478 new cases of the Covid-19 coronavirus, along …

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Posted on July 11, 2020

1MBD scandal: Kuwait royal family member arrested for money laundering

The WSJ said that the Malaysian investigators were able to track money from China to a Chinese bank in Kuwait that was then transferred to an entity partially controlled by Low in …

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