The Public Services Committee in the Council of Ministers is convening today (Sunday) to review the report presented by Municipal Minister …
Property sales drop, 50,000 flats vacant amid expat layoffs
KUWAIT: The value of real estate sales in Kuwait declined during … and the distribution of land plots and housing units this year. Furthermore, residential property sales experienced a significant …
Pakistan, Gulf Cooperation Council sign ‘preliminary’ free trade agreement
The Gulf Cooperation Council (GCC) has signed a “preliminary” free trade agreement (FTA) with Pakistan, the six-country bloc comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab …
Key Features of the ‘Residency of Expats’ in Kuwait
On Sunday, the Parliamentary Committee on Interior and Defense is set to discuss the “Expats’ Residency” proposal, which has been …
Kuwait country profile
Oil-rich Kuwait is a tiny country nestling at the top of the Gulf. Flanked by powerful neighbours Saudi Arabia, Iraq and Iran, its strategic location and massive oil reserves make it one of the …
Cyber attack involved unauthorized duplication of records in Kuwait
The Ministry highlighted its engagement with a specialized international firm, widely trusted by major international public and private entities, in the fight against cybercrime …
Which royal family is the richest?
But its property dealings have recently come under fire … who owns the freehold of the houses – has said it will investigate the matter. Over in Kuwait, the Al Sabah family is at the helm. The …
Kuwait: Finance Ministry says cyberattack hit one of its systems
The Kuwait Finance Ministry has been in contact with National Cybersecurity Center for updates and assessment of the hack.
Kuwait: 2023 Article IV Consultation-Press Release; and Staff Report
Benefiting from high oil prices, Kuwait’s economic recovery continues, and the fiscal and external balances have strengthened. Inflation is contained and external buffers are increasing. However, …
Kuwait: 2023 Article IV Consultation-Press Release; and Staff Report
Benefiting from high oil prices, Kuwait’s economic recovery continues, and the fiscal and external balances have strengthened. Inflation is contained and external buffers are increasing. However, …