The country’s deficit is expected to shrink to 7 per cent by 2020/2021, the agency said
The country asserts that its waters are under the “total control of the Kuwaiti navy and coast guard”
The country is also looking to introduce higher fees for health insurance
New applications have been stalled as the country prepares to increase health insurance fees for foreigners
Kuwait also told Iran’s cultural and military missions to shut down last week
Ministers of OPEC and non-OPEC producers are set to meet in St Petersburg on Monday
The move comes after a court ruling last year implicated some Iranians in a spying case
The Gulf’s banking sector is consolidating as three years of low oil prices squeeze deposits
Safa Al-Hashem has repeatedly proposed new fees and restrictions to limit the country’s expat population
The country may exempt some sectors and commodities from VAT
The emir said support for Kuwait’s mediation efforts had strengthened his resolve to deal with the crisis
The bank’s net profit for the first half of the year rose 9.3 per cent due to higher net interest income
US Secretary of State Rex Tillerson and British National Security Advisor Mark Sedwill visited Kuwait
Wataniya halted operations in 2011 due to its financial situation and political instability in the region
Emirates, Etihad Airways, Qatar Airways and Turkish Airlines have already been exempted from the ban
Kuwait’s new privatisation programme is hoped to enhance economic growth and reduce state operational costs
Boris Johnson is travelling across the GCC to meet with senior leaders
The blaze only caused material damage, officials said
The government is investigating high absence rates over the last two days
Sheikh Sabah, who left Kuwait on Sunday, is the main mediator in the ongoing GCC rift
The company said it already had unfilled orders for 20 737 Max aeroplanes
Sheikh Sabah is leading mediation efforts after Saudi, the UAE and Bahrain severed ties with Qatar two weeks ago
The agreement includes country-wide exclusivity for Bukhamseen for a 10-year term
Kuwait said it would continue its efforts to patch a rift within the GCC states
Sheikh Sabah also visited Saudi Arabia on Tuesday to try to mend fences
The labour law amendments will allow private sector workers to take more days of holiday
There was no word on the outcome of the talks
Kuwait’s emir Sheikh Sabah is acting as a mediator between Doha and other GCC states including Saudi, UAE and Bahrain
Sheikh Al-Sabah told his Qatari counterpart that he hoped he would give a chance to efforts aimed at “containing tension in brotherly relations among brothers”
The country has been considering an IPO of its stock market for years, but political infighting and entrenched bureaucracy have held up the process