Kuwait national revenues hit $93.8bn in fiscal year, driven by high oil price Kuwait reports $20.1bn budget surplus Kuwait, Kuwait government, Ministry of Finance – Kuwait Politics & Economics …
Kuwait overcomes 9 years of debt thanks to booming oil revenue
A new report by Bloomberg reveals that Kuwait has overcome its years of debt due to an oil boom, but with oil prices dropping, the country’s budget is at risk.
Kuwait overcomes 9 years of debt thanks to booming oil revenue
A new report by Bloomberg reveals that Kuwait has overcome its years of debt due to an oil boom, but with oil prices dropping, the country’s budget is at risk.
Kuwait: Finance minister resigns after three months in latest political turmoil
Al-Hajeri’s resignation allegedly stems from his objection to the transfer of the Kuwait Investment Authority to Oil Minister Saad Al-Barrak after he took over as state minister for economic and …
Kuwaiti foreign minister to visit Iraq
The visit comes as Baghdad and Kuwait City have normalized relations and increased cooperation across many sectors.
A new law to regulate foreigners’ residence in Kuwait
ALBAWABA- A new law aimed at regulating the residence of foreigners will be revisited and voted on by the Kuwaiti National Assembly in the upcoming parl …
Kuwait prohibits all cryptocurrency use in new virtual assets ban
Users of cryptocurrencies and other virtual assets in Kuwait would be subject to Kuwait’s 2013 money laundering and terrorist financing laws.
Kuwait prohibits all cryptocurrency use in new virtual assets ban
Users of cryptocurrencies and other virtual assets in Kuwait would be subject to Kuwait’s 2013 money laundering and terrorist financing laws.
Kuwait’s real estate market still witnessing a state of stagnation
The estimated market value of commercial real estate (vacant land) in selected areas of the country amounted to about KD 1.4 million in the market area in Kuwait City …
KFAED, KRCS support humanitarian projects for Rohingya refugees in Bangladesh
It also reinforces the State of Kuwait’s role, as a global humanitarian center, and keenness to provide urgent humanitarian aid to afflicted nations …