Home GCC Kuwait

Kuwait

Fears of a global economic downturn are ‘exaggerated’ – Kuwaiti minister

Global demand for crude should pick up in the second half, says Khaled al-Fadhel

Iraq hands over remains of 48 Kuwaiti citizens who vanished during the Gulf War

Kuwait says around 605 people, mostly Kuwaiti, went missing during the seven-month occupation and ensuing war

Expats in Kuwait ‘banned’ from fish auctions to curb price manipulation

The ministry had reportedly received several complaints that auctioneers – mostly expatriates – raise the fish prices

Iraq, Kuwait to appoint British firm for joint oilfield development study

There are several oilfields in the border area between Iraq and Kuwait, most prominently Ratqa

Kuwait 2018/2019 budget deficit narrows on higher oil prices

State revenue was KD20.5bn in the year to March 31, 2019, compared to the KD15bn that had been projected

Saudi, Russia, Qatar and Venezuela agree to freeze oil output at Jan levels

Kuwaiti, Saudi officials discuss resuming Neutral Zone oil production

The two countries halted output from the jointly run oilfields – Khafji and Wafra – more than four years ago

Whatsapp new privacy features

Expat in Kuwait arrested, faces deportation for insulting Kuwaitis on social media

The Gulf country has strict laws regulating social media activity

Saudi minister says Iran’s actions are unacceptable, Kuwait calls for restraint

Iran said on Friday it had seized Britain’s Stena Impero tanker

New toll for trucks using Kuwait’s new Sheikh Jaber Causeway

The charge will be KD1 per tonne of the truck’s total weight

Kuwait’s economy grows 2.6% in Q1

Oil sector grew at 1.3 per cent in the first quarter and non-oil sector expanded at 4.1 per cent

Kuwait to issue virtual telecom operator licence

Kuwait’s current telecom providers are Zain, Ooredoo, and Viva

Kuwaiti authorities arrest militant cell linked to Muslim Brotherhood – ministry

The arrested people were wanted by Egyptian authorities

Kuwait moves to protect its ports amid Gulf tensions

Relations between Iran and the West have become increasingly strained

Kuwait Petroleum hires NBK Capital to advise on $2bn financing

The state-owned oil company plans to invest hundreds of billions of dollars by 2040

Most GCC stock markets bounce back from early losses

Kuwait rose for the eighth straight session following MSCI’s decision to include the country in its main emerging markets index

Tremors felt in Kuwait after 5.7 magnitude earthquake strikes Iran

The earthquake struck western Iran on Monday

Apartments in Kuwait lie ‘vacant’ as expats leave the country – report

A total of 102,280 residency visas held by expats were cancelled between 2015 and 2018

IOC lifts ban on Kuwait ahead of Tokyo 2020 Olympics

Kuwait was suspended back in October 2015 over a new sports law

Kuwaiti equities to be in main MSCI emerging markets index from 2020

The Kuwaiti market has outperformed markets in the Middle East this year in anticipation of the MSCI move

Kuwait plans oil deal with Iraq

A study concerning the potential production of oilfields shared by the two countries is underway

Kuwait emir to visit Iraq amid Gulf tensions

The trip comes amid unprecedented regional tensions after attacks on tankers in the Gulf

Kuwaiti MP calls for expelling close to 2 million expats, urges remittance tax

A draft law proposing a 5 per cent tax on remittances has been set before the assembly, she said

Kuwait records world’s highest temperature this week

The temperature in the region of Mitribah touched 51.4 degree celsius on Tuesday

Safa Al Hashem kuwait

Kuwaiti MP calls for imposing fees on expats for using beaches, causeway

Kuwait’s only female lawmaker said expats put a strain on the country’s infrastructure

Kuwait arrests 47,000 expats in three months as crackdown continues

Kuwaiti PM’s mother dies, UAE leaders send condolence messages

UAE President Sheikh Khalifa bin Zayed Al Nahyan sent a cable of condolences

Eight die after car rams into crowd in Kuwait

The car rammed into a crowd of people who were gathered around the site of another minor accident

Kuwait oil minister sees balanced oil market towards end 2019

There are still uncertainties around oil demand growth

Kuwait’s KUFPEC signs oil concession agreement in Pakistan

The Kuwaiti firm’s Pakistan unit has secured a concession for the Makhad oil block in Punjab province

Kuwait’s opposition MPs urge Prime Minister to resign

Opposition MPs have filed two grilling motions against the PM in the last few weeks

Kuwait assembly urged to debate expat remittance tax bill

The bill states that foreign workers would be taxed by up to 5 per cent on their money transfers abroad