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Tag: Kuwait

Posted on June 24, 2020

Luxury Retailer in Kuwait Hires Citigroup to Advise on Options

Kuwait’s Boutiqaat hired Citigroup Inc. to explore strategic options for the online retailer of luxury goods and cosmetics, according to people with knowledge of the matter.

( read original story …)



Posted on June 24, 2020

Kuwait announces 846 new Covid-19 cases, 3 deaths

According to the country’s state-run Kuwait News Agency (Kuna), the country’s total number of confirmed coronavirus cases to date now stands at 41,879. In a statement, Kuwaiti Health Ministry …

( read original story …)



Posted on June 24, 2020

COVID-19: Kuwait lawmakers call on government to pay six months rent, 80% wag4es for SMEs

The lawmakers also proposed the state guarantee to pay rents of six months and 80 per cent of salaries as of July 1. They also proposed to facilitate banking procedures and extend payment periods, …

( read original story …)



Posted on June 24, 2020

COVID-19 death toll rises in Kuwait, Oman, Bahrain

The death toll from the novel coronavirus rose Wednesday in Kuwait, Oman and Bahrain, according to health authorities in the three countries. In a statement, the Kuwaiti Health Ministry said four …

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Posted on June 24, 2020

Dony Mask – Wholesale face mask supplier exporter to GGC Countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE)

Our products are distributed worldwide to America, Europe, Australia, Asian, especially to GGC countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE)). Today, the air …

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Posted on June 24, 2020

Coronavirus: Kuwait announces 846 new cases, three deaths

Kuwait on Wednesday announced 846 new coronavirus cases, bringing the total of infections to 41,879. Health Ministry spokesperson Dr. Abdullah Al-Sanad was quoted by Kuwait News Agency, KUNA, as …

( read original story …)



Posted on June 24, 2020

COVID-19: Kuwait lawmakers call on government to pay six months rent, 80% wages for SMEs

The lawmakers also proposed the state guarantee to pay rents of six months and 80 per cent of salaries as of July 1. They also proposed to facilitate banking procedures and extend payment periods, …

( read original story …)



Posted on June 24, 2020

Kuwait blocks hiring of 500 expats in oil sector

Kuwait said it would no longer employ foreigners in its oil sector Cairo: A contract to hire 500 foreign workers in Kuwait’s oil sector has been halted, Oil Minister Khaled Al-Fadhel said, as the …

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Posted on June 24, 2020

Turkey faces threat of MSCI downgrade to ‘frontier’ market

The process could mean Turkey is reclassified as a frontier market — joining the likes of Vietnam, Kuwait and Morocco — or as a standalone market that does not belong to any index. Emre Akcakmak, a …

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Posted on June 24, 2020

EU official praises Kuwait’s preventive measures to confront COVID-19

By Mervat Abdeldayem KUWAIT, June 23 (KUNA) — The European Union Ambassador to Kuwait Dr. Cristian Tudor praised preventive measures taken by the Kuwaiti government in face of the COVID-19 pandemic.

( read original story …)



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