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Posted on January 18, 2025

US imposes sanctions on Yemen Kuwait Bank

Houthis rely on few key financial institutions to finance their ‘destabilizing attacks’ in region, says official – Anadolu Ajansı …
Posted on January 18, 2025

U.S. Tightens Grip: Sanctions Hit Yemen’s Financial Ties

The U.S. imposes sanctions on Yemen Kuwait Bank, accusing it of aiding the Houthis. This move aims to pressure the Houthis before Biden’s departure. The bank’s assets are frozen, disrupting Houthi …
Posted on January 17, 2025

‘Safe’ Sharjah attracts Kuwaiti investors to $950m project

The emirate of Sharjah has been praised as “safe and business-friendly” by a Kuwaiti developer who has formed a partnership to develop a AED3.5 billion ($950 million) housing project in its burgeoning …

( read original story …)



Posted on January 17, 2025

$660m a year ‘sin tax’ target set by Kuwait

Kuwait hopes to raise 200 million dinars ($660 million) a year through a “sin tax” on unhealthy products as part of tax reforms proposed by the International Monetary Fund, the country’s finance …
Posted on January 15, 2025

Bahrain Airport Company signs strategic partnership with BBK to develop “Express Cargo Village”

Bahrain Airport Company (BAC), the operator and managing body of Bahrain International Airport (BIA), has signed a 15-year loan agreement with Bank of Bahrain and Kuwait (BBK) for the development of …
Posted on January 13, 2025

New Kuwait tax to raise $800m a year: Minister

Kuwait has introduced a new tax for multinational enterprises and expects to raise around %800m from 300 companies …
Posted on January 12, 2025

Corporate tax to reshape Kuwait’s business climate

The Kuwaiti Finance Ministry was bent on stepping up the pace of tax management as part of Kuwait’s vision to improve the business …
Posted on January 12, 2025

Corporate tax to reshape Kuwait’s business climate

The Kuwaiti Finance Ministry was bent on stepping up the pace of tax management as part of Kuwait’s vision to improve the business …
Posted on January 12, 2025

Boursa Kuwait encourages entrepreneurship with gold sponsorship of LOYAC’s Kontinue program

KUWAIT CITY, Jan 12: Demonstrating its commitment to Kuwait’s sustainable development and the empowerment of the next generation of entrepreneurs, Boursa Kuwait hosted and sponsored LOYAC’s KONTINUE …
Posted on January 12, 2025

Boursa Kuwait encourages entrepreneurship with gold sponsorship of LOYAC’s Kontinue program

KUWAIT CITY, Jan 12: Demonstrating its commitment to Kuwait’s sustainable development and the empowerment of the next generation of entrepreneurs, Boursa Kuwait hosted and sponsored LOYAC’s KONTINUE …

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