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Sheikh Nawaf

Kuwait’s Emir travels to Europe after medical check-ups in the US

Sheikh Nawaf Al-Ahmad Al-Sabah travelled to the US on March 4

Trade between UAE, GCC worth Dhs229bn in 2019

Saudi Arabia is the UAE’s top trading partner, with a total of Dhs113.2bn in trade exchange in 2019

Kuwait begins nightly curfew, mulls lifting institutional quarantine for vaccinated arrivals

A 12-hour nightly curfew – from 5pm to 5am – will be in place for one month starting Sunday, March 7

KUWAIT-HEALTH-VIRUS

Kuwait eases visa transfer restrictions for expats

The new decision allows expat government employees and those on dependent visas to transfer to jobs in the private sector

Kuwait Dubai Trade

Dubai’s trade with Kuwait reached Dhs8.52bn in H1 2020

Dubai Customs revealed the figures ahead of Kuwait’s 60th National Day which falls on February 25

Kuwait projects $183bn cumulative deficit over five years

Total expenses during that period are projected at KD114.1bn

Kuwait restrictions

Kuwait: New restrictions on malls, restaurants, and private sector offices

Starting February 24, and until further notice, entry to malls, cafes and restaurants will be barred

Kuwait seeks approval to use wealth fund to finance deficit

The government’s also attempting to push through parliament legislation allowing it to tap international bond markets

Kuwait adds 33 countries, including UAE, US to Covid-19 ‘high-risk’ list – reports

On Sunday, Kuwait extended its entry ban on foreign nationals indefinitely

Different Arab money

Revealed: Impact of Covid-19 on GCC retail banks revenues

BCG says earnings could shrink by -2.1% annually between 2019 and 2024

Kuwait entry ban

Kuwait suspends entry of foreigners until further notice

Kuwaiti nationals will continue to be allowed entry, but will be subject 14 days of quarantine, seven days of which will be in an institution

Kuwait health minister

Kuwait warns of tougher restrictions if Covid-19 precautionary measures are not followed

Health clubs, salons, barbershops, celebration halls and tents are already closed in the country

Mandatory hotel quarantine in Kuwait for all incoming passengers to begin next week

The costs for the hotel quarantine will have to be borne by the passengers

Kuwaiti MPs urge the government to relax Covid-19 restrictions or compensate businesses

Health clubs, salons and barbershops have been closed for a month, while malls and shops need to stay shut from 8pm until 5am

Dubai’s Emirates to only carry Kuwaiti nationals on flights to the country

The directive is effective from February 7 until February 20, 2021

In pictures: Landmarks across UAE, region turn red for Hope Probe’s imminent arrival to Mars

The UAE is poised to become only the 5th country ever to enter Mars’ orbit

One of world’s richest nations taps wealth fund as cash dries up

To generate liquidity, the government began last year swapping its best assets for cash with the $600bn Future Generations Fund

Kuwait suspends entry of foreigners for two weeks, imposes restrictions on malls, shops

Officials have also banned all types of gatherings, including for national holiday celebrations later this month

Kuwait to start levying airport service fee on all passengers

While KD3 will be levied on passengers departing from Kuwait, arrivals will face a fee of KD2

Kuwait Oxford-AstraZeneca

Kuwait authorises emergency use of Oxford-AstraZeneca Covid-19 vaccine

The first batch of the Oxford-AstraZeneca vaccines are expected to arrive in the country within the next few days

Kuwait projects $40bn deficit as infighting delays reform

Budgeted capital expenditure is up 20 per cent on the current year’s estimate

Kuwait Central Bank allows lenders to distribute 2020 dividends

The Kuwait Banking Association said in June that there would be no distribution of dividends to shareholders for 2020

Kuwait expats

More than 83,500 expats left Kuwait in Q4 2020 – report

The number of expats in the country’s workforce has now dropped to 1.5 million

Kuwait parliament assembly

Kuwaiti cabinet resigns after a month, fueling political turmoil

Kuwait has had 17 governments and eight elections since 2006

Kuwaiti military says those flying drones without permits will face legal action

Kuwait has strict regulations governing the usage of drones in the country

Kuwait MPs submit proposal to impose fee on money transfers out of country

Lawmakers have called for a 2.5 per cent fee on all money transfers out of the country

Revealed: World’s best and worst passports for travel

The UAE ranks 16th on the 2021 Henley Passport Index

Gulf Arab states agree to restore Qatar ties, end three-year rift

Qatar’s ruler Emir Sheikh Tamim bin Hamad Al Thani landed in the kingdom to a warm embrace from the Saudi Crown Prince

oil-pumps

Kuwait makes three oil and gas discoveries

The discoveries were made in the largely unexplored western and northwestern areas of the country

Saudi Arabia

Saudi Arabia reopens airspace, land and sea borders to Qatar

It ends a blockade of Qatar by Saudi Arabia that began in 2017