Economy News

Boursa Kuwait highlights investment opportunities; made changes to its trading mechanism

Zawya
Boursa Kuwait has made changes to its trading mechanism to accommodate the inclusion...

ECS illustrate the importance of ‘staying connected’ in Industry 4.0

Tahawultech
CNME Editor Mark Forker spoke to Sasrik Sivaram Vallath, Divisional Manager at DME...

Kuwait’s new crown prince is a security czar who shunned limelight

Egypt Independent
KUWAIT (Reuters) – Kuwait’s crown prince in waiting, Sheikh Meshal al-Ahmad al-Sabah, is...

Exclusive: How online flower platform Floward built a $30 million annual...

MENAbytes
Abdulaziz Al Loughani is a Kuwaiti entrepreneur who had previously led Talabat before...

Ekttitab Holding sells 99% stake in unit

Mubasher
The transaction will affect the income statement with a loss of around KWD...

UK factories keep cutting jobs; US jobless claims fall – business...

The Guardian
Weekend speculation over a heavily discounted rights issue has seen Rolls Royce shares...

Rolls-Royce mulls financing plan after ruling out Kuwait investment

Arabian Business
Rolls-Royce Holdings is poised to unveil a plan to seek financing from shareholders...

Kuwaiti PM: IT Jobs Must Go to Kuwaitis Only

Al Bawaba
Osama Al-Shaheen submitted a proposal to Kuwaitize jobs in the information technology sections...

Kuwait: 30,000 expats face fines for expired residency permits

Gulf Insider
Around 30,000 expatriates in Kuwait are becoming illegals and face accumulated fines after...

Reports: Kuwait and the UAE in economic pain amid pandemic

Egypt Independent
DUBAI, United Arab Emirates (AP) — Two oil-rich Arab Gulf states suffered severe...

Kuwait to Issue Bill to Reduce Expat Workers Numbers

Al Bawaba
Published September 23rd, 2020 - 12:00 GMT ...

Kuwait downgraded for the first time as ‘liquidity risks’ escalate

Arabian Business
Kuwait has been downgraded for the first time by Moody’s Investors Service, a...

Moody’s downgrades Kuwait on liquidity squeeze, weak governance

Zawya
DUBAI  - Moody's downgraded Kuwait's rating citing higher liquidity risks and weaker governance...

Kuwait Gets First Downgrade From Moody’s Over ‘Liquidity Risks’

Bloomberg
Photographer: Tasneem Alsultan/Bloomberg ...

Kuwait’s National Assembly panel passes law to reduce expat numbers

Gulf Business
Kuwait’s National Assembly panel has passed a draft law to reduce expat numbers...

Kuwait: 127,000 expats lose residency permits

Gulf Insider
The number of expatriates working in Kuwait, who have lost their residency permits...

Kuwait ousts blue-collar expats as economic woes bite

Jordan Times
KUWAIT CITY — After more than 45 years washing cars in Kuwait to...

Kuwait’s Agility signs $340mln 30-year PPP deal

Zawya
Kuwait-based Agility Public Warehousing Company KSCP has announced the value of its public...

Kuwait’s crisis pushes government to cut spending, expand debt

Arab Weekly
KUWAIT – Kuwait’s suffocating economic crisis has forced the government to limit spending...

Italy Economy Minister says moderately confident over Atlantia talks with CDP

Zawya
Italy Economy Minister says moderately confident over Atlantia talks with CDP Infrastructure group...

French economic recovery plan should create 160,000 jobs -PM

Zawya
French economic recovery plan should create 160,000 jobs -PM Economic recovery plan aims...

Why Coronavirus Stimulus Talks Have Stalled

The New York Times
DealBook Business and PolicyRepresentative Jim Clyburn, the House majority whip, warned of a...

Kuwait government to discuss changes to debt law sought by lawmakers

Al Arabiya
The Kuwaiti government will discuss proposed amendments to a long-debated debt law, including...

Kuwait government to discuss changes to debt law sought by lawmakers

Al Arabiya
The Kuwaiti government will discuss proposed amendments to a long-debated debt law, including...

Kuwait restaurants strike back against over 60 expat ban, warn business...

Al Arabiya
The Kuwait Restaurants Union has released a memo criticizing the government’s announcement that...

SPARK and Kuwait’s NAPESCO plan $100 million investment in oil and...

Arabian Industry
Saudi Arabia's King Salman Energy Park (SPARK) and Kuwait's National Petroleum Services Company...

Kuwait relaxes book censorship laws after banning thousands of titles

The Guardian
After banning almost 5,000 books in the last seven years, Kuwait’s government has...

PROJECTS: Sino-Kuwait consortium wins $290mln road deal in Kuwait

Zawya
A Chinese construction company and its local agent have won a road contract...

Kuwaiti writers welcome change to book censorship laws

The National
Kuwaiti book lovers and authors are set to benefit from the latest change...

Kuwait Vows to Rebuild Lebanon’s Destroyed Large Grain Silo

Al Bawaba
Kuwait said it will rebuild Lebanon’s only large grain silo that was destroyed...

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