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Tag: Kuwait

Posted on November 16, 2024

Kuwait to Replace Head of Its $1 Trillion Sovereign Wealth Fund

The managing director of Kuwait’s $1 trillion wealth fund is departing after three years, capping a turbulent tenure at the global investor that’s been overshadowed by regional peers who’ve done …
Posted on November 15, 2024

Kuwait limits foreign property ownership

With house prices skyrocketing, Kuwaiti officials have severely restricted who is eligible to buy property — a stark contrast to other Gulf nations attempting to lure foreign investors.

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Posted on November 15, 2024

Kuwait changes real estate ownership rules for foreigners as investments open to citizens of UAE, Saudi Arabia, Oman, Bahrain and Qatar: reports

Citizens of the UAE, Saudi Arabia, Oman, Bahrain and Qatar are able to purchase property in Kuwait without any restrictions, recognising the close bond between GCC countries, said the report. Arab …

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Posted on November 15, 2024

KIB delivers its third workshop on investment fundamentals and real estate appraisal at Kuwait University

Kuwait International Bank (KIB), represented by its Real Estate Department, conducted its third specialized workshop on the …

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Posted on November 15, 2024

Radisson Hotel Group launches second hotel in Kuwait

just south of Kuwait City. The new property marks Radisson Hotel Group’s second hotel in Kuwait and the country’s first Park Inn by Radisson Hotel. It features 180 modern rooms and 70 serviced …

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Posted on November 15, 2024

Kuwait tightens property ownership rules for non-citizens

Under the updated regulations, GCC nationals from Saudi Arabia, the UAE, Bahrain, Qatar, and Oman are granted property rights in Kuwait on equal terms with Kuwaiti citizens. Image Credit …

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Posted on November 15, 2024

NGO’s Soft Power in Kuwait: A Shift in Control or Core Management?

In Kuwait, civil society organizations (CSOs) have grown in importance, stepping in to address societal needs where the government falls short. Despite facing regulatory restrictions, CSOs play a …

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Posted on November 15, 2024

New Law to Limit Expats to One Vehicle Ownership in Kuwait

Expats in Kuwait will soon face a significant change … If such offenses cause property damage, the penalties could go up to KD 3,000, and if they result in injury or death, fines may reach …

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Posted on November 15, 2024

Tajikistan Leader Extols Multi-Faceted Relations With Kuwait

( MENAFN – Kuwait News Agency (KUNA)) Interview by Dr. Fatma Al-Salem …
Posted on November 14, 2024

Park Inn by Radisson Hotel & Apartments Kuwait opens with 180 rooms and 70 serviced apartments

The new hotel is located in the bustling Mahboula district, just south of Kuwait City, and offers easy access to key locations.

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