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Tag: Kuwait

Posted on July 27, 2023

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.
Posted on July 26, 2023

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 …
Posted on July 23, 2023

Kuwaiti foreign minister to visit Iraq

The visit comes as Baghdad and Kuwait City have normalized relations and increased cooperation across many sectors.
Posted on July 22, 2023

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 …

( read original story …)



Posted on July 20, 2023

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.
Posted on July 20, 2023

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.
Posted on July 17, 2023

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 …

( read original story …)



Posted on July 17, 2023

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 …
Posted on July 16, 2023

Saudi Arabia outranks US for expat life, Kuwait ranks worst

Saudi Arabia was found to be the 28th best country to live in as an expatriate while the United States ranked 30th, according to a Tuesday report.
Posted on July 16, 2023

Saudi Arabia outranks US for expat life, Kuwait ranks worst

Saudi Arabia was found to be the 28th best country to live in as an expatriate while the United States ranked 30th, according to a Tuesday report.

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