The Kuwait Banking Association said in June that there would be no distribution of dividends to shareholders for 2020
The number of expats in the country’s workforce has now dropped to 1.5 million
Kuwait has had 17 governments and eight elections since 2006
Kuwait has strict regulations governing the usage of drones in the country
Lawmakers have called for a 2.5 per cent fee on all money transfers out of the country
The UAE ranks 16th on the 2021 Henley Passport Index
Qatar’s ruler Emir Sheikh Tamim bin Hamad Al Thani landed in the kingdom to a warm embrace from the Saudi Crown Prince
The discoveries were made in the largely unexplored western and northwestern areas of the country
It ends a blockade of Qatar by Saudi Arabia that began in 2017
Inbound passengers from all other countries will be subject to a PCR test upon arrival at Kuwait International Airport
As of Monday, 2,500 people were vaccinated and second doses will be administered from January 14
The GCC state suspended flights and closed its borders on December 21 due to concerns over the new Covid-19 strain
The vaccination campaign would continue across Kuwait for several months
The vaccine would arrive on a monthly basis in Kuwait for a period of a year
The border closure will be in place from 11pm on Monday, December 21 until Friday, January 1, 2021
Over 60,000 people have registered on the vaccination platform so far
Ericsson to support Zain in identifying technology trends and industry insights
The new decision will apply to all expats entering the country
Kuwait elected a new National Assembly on December 5
As of December 13, Kuwait has reported 146,218 Covid-19 cases including 911 deaths
The incoming legislature will have 31 new members
Some 568,000 Kuwaitis are eligible to choose from 326 candidates
The cost of each returning worker has been fixed at KD270 to cover quarantine expenses
The insurer sold its stakes in Axa Gulf, Axa Cooperative Insurance Company and Axa Green Crescent Insurance Company to Gulf Insurance Group
The death toll in the UAE has risen to 563
The amnesty will require expats living illegally to either get a valid residency or leave the country after paying their fines to avoid a ban
The case count in the UAE has risen past 160,000
The death toll in the UAE has risen to 552
Similar to wealth, wealth management has gone through layers of evolution to become a specialised investment advisory service
Owners will be able to access online services in over 50 countries, including the Gulf region