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Posted on January 22, 2025

New amendments in Kuwait’s real estate ownership law: Key changes and exemptions

A government source has revealed that the Council of Ministers has approved a decree amending certain provisions of Decree Law No. 74 of …

( read original story …)



Posted on January 22, 2025

No income tax on individuals in Kuwait yet, study in progress with Gulf states: Minister

Kuwaiti Finance Minister and Minister of State for Economic Affairs and Investment, Noura Al-Fassam, stated that there is …
Posted on January 22, 2025

Kuwait Cabinet Congratulates Pres. Trump On Inauguration

The Kuwaiti Cabinet reviewed the outcomes of the meeting of His Highness the Amir sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah with King Charles III during his visit to the United Kingdom on January 14-16 …
Posted on January 21, 2025

Kuwait’s KPC CEO says oil production capacity exceeds 3mln bpd

Kuwait’s oil production capacity now exceeds 3 million barrels per day, Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Saud al-Sabah told reporters on Tuesday. The country’s oil production …
Posted on January 21, 2025

Oman and Kuwait announce Isra Wal Miraj holidays for 2025

In Kuwait, the Civil Service Commission has announced a three-day holiday for Isra Wal Miraj, running from Thursday, January 30, to Saturday, February 1. While the occasion officially falls on Monday, …
Posted on January 19, 2025

Kuwait’s Agility ‘bullish’ on Trump-led US economy as US-Gulf ties deepen

Tarek Sultan, the vice chairman of Kuwaiti logistics giant Agility, is optimistic about the incoming administration of Donald Trump in the US and said the country will play a key role in the company’s …
Posted on January 19, 2025

ABK Receives ‘Best Investor Relationship Bank’ Award from International Finance

KUWAIT CITY, Jan 19: Al Ahli Bank of Kuwait (ABK) is proud to announce that it has been awarded the title of Best Investor Relationship Bank – Kuwait by International Finance. This recognition …
Posted on January 19, 2025

PART advances Kuwait Railway project with consulting tender

A government report revealed that the Public Authority for Roads and Transportation (PART) has included a tender for a consulting …
Posted on January 19, 2025

ABK Receives ‘Best Investor Relationship Bank’ Award from International Finance

KUWAIT CITY, Jan 19: Al Ahli Bank of Kuwait (ABK) is proud to announce that it has been awarded the title of Best Investor Relationship Bank – Kuwait by International Finance. This recognition …
Posted on January 18, 2025

US Imposes Crushing Sanctions on Yemen Kuwait Bank Over Houthi Links

The United States has recently imposed sanctions on Yemen Kuwait Bank, a financial institution in Yemen accused of supporting the Houthi movement, which has been linked to numerous attacks on global …

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