On Friday FTSE said it would reevaluate Saudi’s emerging market index inclusion in March next year
The tax will see prices of soft drinks increase by 50 per cent and energy drinks and tobacco products by 100 per cent
The Gulf countries performed well in economics but less favourably in the experience and family categories
“We’re optimistic that the parliament will pass the law as it is,” an official said
The Sovereign Wealth Fund Institute ranks KIA as the world’s fourth-biggest sovereign fund
Economists believe a reduction in oil production could drive the economy into negative territory in 2017
There have been at least two other spillages in the country’s waters over the last month
An Indian delegation will visit the country later this week
The joint OPEC, non-OPEC ministerial committee will meet on September 22 in Vienna
“OPEC’s strategy is moving forward on the right track,” Marzouq was quoted as saying
The kingdom performed well in areas like ease of settling in where Saudi Arabia and Kuwait struggled
Companies will be subject to the charge for each ‘excess’ expat they employ
Officials said the measure had proven ineffective, according to reports
The $300bn sum represents more than half of KIA’s estimated assets under managment
The plan involves completing projects and starting new ones
At least two spillages have hit different areas off the coast of Kuwait since last week
“Week after week we are seeing a much bigger-than-expected fall in inventories,” Al Marzouq said
The plant will burn waste to generate energy
Public and private sector workers will be granted leave to celebrate Eid al Adha
Abdulmohsen Jamal Hussein Al-Shatti was the final member of the ‘Al-Abdali cell’ wanted by authorities
The clean-up of the shores affected by the spill will take one week
Sheikh Nawaf, 79, underwent minor back surgery in 2013
The source of the leak is still unknown
The Ministry of Interior announced the capture of 12 members of the ‘Al-Abdali cell’ yesterday
The leak was first reported on Friday
The men were sentenced in absentia last month
Kuwait and the other GCC states have agreed to implement a 5 per cent VAT rate from January
The investment is part of Omantel’s strategy to diversify its exposure
Non-Kuwaiti wives and mothers of Kuwaiti citizens, GCC citizens and other groups are exempt from new healthcare fee increases for foreigners
Zain said that foreign currency conversions, mainly in Sudan, had cost the company $58m in H1 2017