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China’s Greenland HK raises $300m for real estate fund with Kuwait

The firm has shelved plans to buy a stake in a luxury New York City development from its Kuwait partner

Kuwait plans tax on expat remittances, privatisations and subsidy reforms

New taxes, sector privatisations and other measures are part of a new government reform package, according to reports

Kuwait to issue national rail network tender in 2017

The rail network will link Kuwait City to the airport, marine ports and the Saudi border

Kuwait’s Americana posts 85.8% Q3 net profit jump

The firm attributed its profit to the positive impact on its earnings from an asset disposal

Kuwait public sector to cut “unnecessary” expats

900 Kuwaiti public sector workers suspended over poor attendance

One worker allegedly received his salary for 10 years despite absence

New Kuwait agenda to include public sector wage cuts

Plans to cut government oil worker benefits resulted in a three-day strike earlier this year

Kuwait plans billions of dollars of bonds in current fiscal year

The country posted a $15bn fiscal deficit for the year ending March 31

Kuwait says ready to begin negotiations with Iraq over $4.6bn Gulf War compensation

The countries previously agreed to postpone the payment of the remaining compensation until January 2018

Kuwait committee bans 47 candidates from parliamentary elections

The majority were barred due to existing court convictions

Kuwait government denies plans to phase out subsidies by 2020

A government report published by local media suggested the country planned to gradually reduce subsidies

Kuwait considers banning expats from public sector jobs

Expats make up an estimated 70 per cent of the country’s 4.3 million population

Bosnian village reserved for Arab investors attracts local fury

The village is said to be off limits to locals unless they are working as domestic servants

GCC firm Adeptio completes $2.4bn Americana stake buy

Americana owns the Middle East franchises for fast food chains KFC and Pizza Hut

Kuwait to hold parliamentary elections next month

Kuwait’s Emir issued a decree to dissolve the parliament on Sunday

Oil prices to stay between $50-$60 over 10-15 months- Kuwaiti official

Kuwait’s acting oil minister expects an output “understanding” at Nov OPEC meeting

Four Seasons Kuwait targets early 2017 launch

The hotel will feature one of the world’s largest cut crystal chandeliers

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

Kuwait ruler dissolves parliament

Local reports had predicted the move last week

Kuwait signs $2.9bn deal for LNG facility

Kuwait’s KNPC aims to finalise $5bn+ loan by Q1

“It’s one of the major loan deals to expect in the region – it’s going to be huge,” said one source

Saudi, UAE and Kuwait ranked among most empathetic countries

A new study has found people from the three Gulf countries are among the most empathetic in the world

Kuwait raises minimum salary requirement for family visas

Expatriates now have to earn at least KD450 per month to sponsor their families

Kuwait’s National Assembly to be dissolved ‘within days’

An Amiri decree is expected following disputes between MPs and the government over the recent fuel price increase, according to reports

Kuwaiti court orders return of opposition activist’s citizenship

The decision could see other opposition figures pursue similar cases through the courts

Kuwait postpones planned $10bn bond issue until 2017

The government has not yet sent banks a request for proposals to arrange the issue

Kuwait’s stock exchange to sell Americana shares on Oct. 20

Alabbar-led investment group Adeptio agreed in June to pay $2.4bn to buy a 69 per cent stake in Americana

Kuwaitis to receive free fuel to compensate for price increase

The decision was reached after MPs protested that Kuwaitis should be compensated for the price rise

Kuwait government appeals fuel price hike verdict

The increase, which is as high as 80 per cent for some fuel types, was deemed illegal by a court last week

Kuwaiti court says petrol price hike illegal following backlash

Price rise made on September 1 was fiercely challenged by Kuwait’s MPs and the public

Kuwait’s KIPCO says building starts at $2.5bn real estate project

The mixed-use project was scaled down after an earlier estimate did not take into account areas for infrastructure and services

Kuwait seeks support for UN Security Council candidacy

Kuwait last held a non-permanent seat on the council from 1978 to 1979

$4.3bn Kuwait International Airport expansion to be completed ahead of schedule

The expansion, which includes a new passenger terminal, was originally due to be finished in six years time