The country’s cabinet has declared Sunday, December 31, 2023, and Monday, January 1, 2024, as public holidays
Oil Minister Saad Al Barrak said the state firm aimed for net zero carbon emissions by 2050
The Fourth Kuwait Master Plan 2040 focuses on the country’s vision and development goals in urban, economic, social, and environmental policies
The ministry has been in contact with National Cybersecurity Center for updates and assessment of the hack
The Cabinet declared September 28 as a holiday for those serving in the public sector
The fund mainly invests directly, predominantly in public equities and fixed income but also in alternatives like real estate and private equity
The payments solutions provider is now positioned to offer direct merchant-acquiring services and payment aggregation solutions with reduced reliance on traditional banking channels
Th8 Palm Dubai Beach Resort, Vignette Collection and Vignette Collection in Kuwait City will be operated by United Hospitality Management
The company’s profit in the first six months to June 30 rose by 2.3 per cent to KWD29.4m
The country’s Capital Markets Authority placed a prohibition on the use of digital currencies in making payments
The new vehicle is in addition to the country’s $700bn sovereign wealth fund, a savings pot for life after oil
The government of Kuwait has declared a two-day holiday to mark the Hijri New Year
The country formed its fifth government in less than a year
It features 164 units ranging from studios to three-bedroom serviced apartments
Guests may expect to gain all the benefits of codeshare flights including connectivity, baggage transfer and the convenience of having their entire journey managed by one airline
The company’s EBITDA increased 30 per cent to KD44m, and revenue grew 17 per cent
The venture will manage all international wholesale requirements of Zain and Omantel operations in eight countries
The line-up of stores feature brands such as Birkenstock, Beverly Hills Polo Club, Dune London, Levi’s, The Children’s Place, Steve Madden, among others
The Eid Al Fitr holiday at all ministries, and governmental bodies and institutions will begin from April 21 to 25
Sheikh Ahmad Nawaf Al-Sabah, the eldest son of Kuwait’s ruler, heads the new line-up that includes Manaf Al-Hajeri as the country’s fifth finance minister since 2020
The company said a state of emergency has been declared but no leakage of poisonous gas was detected at the site of the oil spill
The board of directors proposed a cash dividend of 25 fils per share for H2 2022, following a semi-annual dividend of 10 fils earlier last year
The company plans to build additional sites in other rapidly growing data centre markets including Nairobi, Casablanca and Lagos
Sheikh Ahmed was first appointed as Prime Minister in July 2022
Non-oil foreign trade between the UAE and Kuwait reached Dhs43bn by the end of 2022
Officials at the meeting held in Abu Dhabi discussed ways to enhance existing cooperation between the two countries in police and security fields
Its operating profit for the 2022 financial year came in at $73.8m, increasing 22 per cent
The lender’s board of directors proposed a cash dividend of 25 fils per share for the second half of 2022, bringing total cash dividends for the year to 35 fils
The rise in GDP growth in 2022 is supported by increased oil production, high oil prices, and sustained improvement in domestic demand
The OPEC member exports about 2 million barrels a day of crude, most of it to Asian countries such as China, South Korea, Japan and India