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Airbus wins 28-plane A320neo order from Kuwait’s Jazeera Airways

Jazeera already operates an all-Airbus fleet of original-generation A320s and eight A320neos

Kuwait cabinet quits in step toward ending political impasse

It’s the third government to resign in a year

Kuwaiti conglomerate explores stake sale in Starbucks franchise

Alshaya opened its first Starbucks in Kuwait in 1999 and later expanded the brand to Turkey in 2003 and Russia in 2007

Kuwait opens Covid-19 vaccine registration for children aged 5-11

After registering online on the health ministry’s website, legal guardians of the children will receive a text message on the date, time and place of vaccination

Kuwait’s wealth fund plans to invest in Saudi green initiatives

The Kuwaiti authority is a founding member of the One Planet Sovereign Wealth Fund Working Group established in Paris in 2017

UAE’s Pure Harvest Smart Farms secures funding worth $64.5m to accelerate expansion

The company operates three farms in the UAE

Kuwait eases all Covid-19 restrictions with airports at full capacity, no mask mandate for outdoor activity

Worshippers in mosques can also now pray in “stacked rows” without distancing

Fire breaks out at Kuwait’s Mina Al-Ahmadi refinery, injuries reported

The refinery’s export operations have not been affected

Senior Kuwaiti official probed over ‘unauthorised’ decision to ban expats over 60

The decision to ban expatriates aged over 60 who do not hold a university degree from renewing their work permits has been revoked

Dubai’s Emirates will ‘go profitable’ during 2022-23

Meanwhile, six more airlines, including Abu Dhabi’s Etihad Airways, will implement the IATA Travel Pass

Kuwait masks

Covid-19: Kuwait reports no deaths for the first time since early Feb

Kuwait’s Public Authority for Sport has said that football fans will not be allowed access to stadiums

Kuwaiti ruler makes unprecedented call for dialogue amid impasse

The initiative follows years of political tensions that have stymied efforts to diversify the country’s economy and promote foreign investment

KUWAIT-HEALTH-VIRUS

Majority of expats in Kuwait earn between $200- $400 per month – study

The Public Authority for Manpower urged for restricting work permit issuance for one year to ‘utilise skilled labour already in the country’

Kuwait says foreigners on commercial visit visas can switch to work permits

Thousands of expats have left Kuwait this year and have been unable to return to the country due to the pandemic

Kuwait’s expat population down by 56,000 in the first half of 2021 – report

The total number of expats in Kuwait stood at 3.154 million at the end of June

Kuwait Airways resumes direct flights to New York

Flights will be operated once a week between the two destinations

Kuwait resumes commercial flights with India

Kuwait’s aviation authority has confirmed that five flights will operate per day between the two countries

Kuwait’s KNPC refines its digital transformation with VMware

Deploys private cloud and hyperconverged infrastructure to boost agility and security

Kuwait to resume flights with six countries including India, Pakistan and Egypt

The latest decision comes following a decline in the number of new Covid-19 cases in Kuwait

Kuwait asks ministries to cut spending by 10% amid budget gap

The OPEC member posted record $36bn budget deficit in 2020

Kuwait masks

Kuwait considers reducing visa fee for residents aged over 60

The country had earlier banned the issuance of work permit renewals for expatriates aged 60 who do not hold university degrees

Kuwait names Al-Ghunaiman to head $700bn wealth fund

Al-Ghunaiman replaces Farouk Bastaki, who helped to propel the Kuwait Investment Authority to rank among the world’s biggest wealth funds

Kuwait posts record $36bn deficit on oil price drop, virus

Salaries and subsidies in the 2020-21 fiscal year accounted for 73 per cent of spending

Kuwait names new wealth fund board after three-month delay

The board always includes the finance and oil ministers, as well as the central bank governor and finance ministry undersecretary

Islamic Development Bank, Bloomberg LP launch financial education programme across 9 countries

Participating universities will be announced over the coming months

Kuwait: Fully vaccinated expats can return from Aug 1, need to undergo home quarantine

Kuwait residents with valid iqamas can return to the country provided they have received one of four approved vaccines

Kuwait removes most Covid-19 restrictions, resumes all commercial activities

Large gatherings continue to be banned, and those not vaccinated will have restricted entry in certain areas

Kuwait credit rating cut for second time in two years by S&P

The sovereign credit rating was cut one level to A+ from AA-

Kuwait opens first permanent LNG facility as it looks to boost gas imports

The Al Zour LNG terminal received its first cargo of gas, from Qatar, on Monday

Disney opens Middle East’s first shop-in-shops in UAE, Kuwait

An additional 26 locations are set to open across the region over the next four weeks