The firm has shelved plans to buy a stake in a luxury New York City development from its Kuwait partner
New taxes, sector privatisations and other measures are part of a new government reform package, according to reports
The rail network will link Kuwait City to the airport, marine ports and the Saudi border
The firm attributed its profit to the positive impact on its earnings from an asset disposal
One worker allegedly received his salary for 10 years despite absence
Plans to cut government oil worker benefits resulted in a three-day strike earlier this year
The country posted a $15bn fiscal deficit for the year ending March 31
The countries previously agreed to postpone the payment of the remaining compensation until January 2018
The majority were barred due to existing court convictions
A government report published by local media suggested the country planned to gradually reduce subsidies
Expats make up an estimated 70 per cent of the country’s 4.3 million population
The village is said to be off limits to locals unless they are working as domestic servants
Americana owns the Middle East franchises for fast food chains KFC and Pizza Hut
Kuwait’s Emir issued a decree to dissolve the parliament on Sunday
Kuwait’s acting oil minister expects an output “understanding” at Nov OPEC meeting
The hotel will feature one of the world’s largest cut crystal chandeliers
Local reports had predicted the move last week
“It’s one of the major loan deals to expect in the region – it’s going to be huge,” said one source
A new study has found people from the three Gulf countries are among the most empathetic in the world
Expatriates now have to earn at least KD450 per month to sponsor their families
An Amiri decree is expected following disputes between MPs and the government over the recent fuel price increase, according to reports
The decision could see other opposition figures pursue similar cases through the courts
The government has not yet sent banks a request for proposals to arrange the issue
Alabbar-led investment group Adeptio agreed in June to pay $2.4bn to buy a 69 per cent stake in Americana
The decision was reached after MPs protested that Kuwaitis should be compensated for the price rise
The increase, which is as high as 80 per cent for some fuel types, was deemed illegal by a court last week
Price rise made on September 1 was fiercely challenged by Kuwait’s MPs and the public
The mixed-use project was scaled down after an earlier estimate did not take into account areas for infrastructure and services
Kuwait last held a non-permanent seat on the council from 1978 to 1979
The expansion, which includes a new passenger terminal, was originally due to be finished in six years time