Search Site

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Dozens file ‘documents’ to take part in Kuwait polls next month

The deadline for submitting applications is May 14.
  • On Saturday, 31 candidates registered to run in the elections, the second day of registration, bringing the total of hopefuls so far to 61
  • The oil-rich country has seen much wrangling between the government and the elected parliament, hampering fiscal reforms

Kuwait City, Kuwait — Dozens of candidates have submitted their candidacy documents for Kuwait’s National Assembly election, set to take place on June 6. 

At least 31 Kuwaitis presented their documents to the election affairs department affiliated with the Ministry of Interior on Saturday, bringing the total number of candidates to 61, including one female candidate, after the second day of receiving applications. 

The deadline for submitting applications is May 14. The documents included five candidates in the first constituency, nine in the second, one in the third, six in the fourth, and ten in the fifth.

Kuwait’s parliament was dissolved on May 1 this year by royal decree, and the legislature will be reformed and new parliamentary elections held in the coming months, according to Kuwait’s Crown Prince Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah. 

The Gulf Arab state, a member of the Organization of the Petroleum Exporting Countries (OPEC), has seen prolonged bickering between the government and the elected parliament that has hampered fiscal reforms.

Kuwait does not permit political parties but has granted its legislature more influence than comparable bodies in other Gulf monarchies. Political stability in the country traditionally relies on cooperation between the government and parliament. 

Infighting and political gridlock have hindered investment and reforms aimed at reducing the country’s heavy reliance on oil revenues.