The timing wasn’t ideal: while Kuwait’s central bank governor was in a forum Wednesday with lawmakers and executives discussing plans to boost the economy, shares in the Gulf state’s lenders were …
A Whole Day’s Trades Get Canceled in Kuwait Over Dividend Chaos
The timing wasn’t ideal: while Kuwait’s central bank governor was in a forum Wednesday with lawmakers and executives discussing plans to boost the economy, shares in the Gulf state’s lenders were …
COVID-19: 11,000 Egyptians depart Kuwait in three days
Stranded Indian nationals check-in at Kuwait International Airport to travel back home as part of government’s ‘Vande Bharat’ mission, amid ongoing coronavirus pandemic, in Kuwait on May 13. Image …
Kuwait connection helped fugitive financier Jho Low move money
A connection with Kuwait has provided fugitive Malaysian financier Jho Low, the prime suspect in the Malaysian Fund case, ways to fend off US and Malaysian investigators who accuse him of …
Kuwait Says Will No Longer Hire Foreign Workers in Oil Sector
Kuwait will no longer hire foreign workers for jobs at the Kuwait Petroleum Corporation (KPC) and its subsidiaries. Minister of Oil, Acting Minister of Electricity and Water Dr. Khaled Al-Fadhel …
Kuwait Petroleum Corporation to ban recruitment of expats
Minister of Oil, Acting Minister of Electricity and Water Dr. Khaled Al-Fadhel said no non-Kuwaitis would be hired in 2020 or 2021 Kuwait Petroleum Corporation (KPC) and its subsidiary companies are …
1MDB’s Suspected Mastermind Found New Ways to Move Money in Kuwait
The Kuwaiti royal family provided Jho Low means to fend off U.S. and Malaysian investigators who accuse him of masterminding the plunder of Malaysian state investment fund 1MDB.
677 Bangladeshi workers return from Kuwait, UAE, Maldives
A total of 677 Bangladeshi citizens, most of whom are migrant workers, have returned from Kuwait, UAE and Maldives by three separate special flights since Monday.
Ban lifted: UAE’s Julphar to resume exports to Bahrain, Kuwait
UAE’s Gulf Pharmaceutical Industries (Julphar) is set to resume its exports to Bahrain and Kuwait after the lifting of restrictions earlier imposed on its products. The pharmaceuticals giant said on …
Jordan Kuwait Bank Adapts to New Normal With Citrix
COVID-19 continues to change the way companies do business in the Middle East. And one of the largest banks in Jordan is using solutions from …