Stocks crashed and the regulator had to intervene. But sentiments are still frayed. Image Credit: AFP Kuwait City: The timing wasn’t ideal. While Kuwait’s central bank governor was in a forum …
Accident claims life of oil worker in Kuwait, another injured
A worker was killed and another injured following an accident at a drilling tower in the Al-Sabriya Refinery, in the north of Kuwait. In a statement, Kuwait Oil Company (KOC) said the accident …
268 prisoners test positive for COVID-19 in Kuwait
Kuwaiti police officers man a checkpoint at the entrance leading to the Hawally district of Kuwait City on May 29, 2020, after the district was put on lockdown to combat the spread of the Coronavirus.
A Whole Day’s Trades 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 …
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.