The two sides have not had a mutual FTA for more than 10 years now.

Through it, the bourse aims to drive the embrace of Corporate Sustainability in the Kuwaiti capital market.

DUBAI: Kuwait’s equity market sustained its upward momentum in August as Kuwait All Share index rose 3.1 percent for the month and 22.4 percent for the year, according to Kuwait Financial Centre, Markaz. In its Monthly Market Review report for August, Markaz said the market liquidity in August, as indicated...

Even as the GCC countries dither to embrace cryptocurrencies, the UAE has made some significant strides in this regard.

According to Transparency International, Kuwait in 2020 ranked 78 out of 180 countries in the Corruption Perception Index.

After 17 years of accumulation of end-of-life tires, the dump was spread across 2 sq km, with 40 million tires calling it home.

While joblessness will be a worry, the economies of the GCC countries are expected to grow by about 2.5 percent between 2021 and 2023.

It saw $2.04 billion revenue in the first half of 2021.

The regulation will look to limit the maximum number of cars non-Kuwaiti residents in the country can own.

Kuwait International Bank said it has completed the sale of its exposure in troubled UAE healthcare group, NMC.

Expanding regional and global footprints, high revenues, cheap capital to invest and diversification key factors that hastened the merger processes.

The operational performance shows positive signs that travel will recover at a fast pace after eased restrictions come to effect by the middle of Q3 2020

The demand for electronic goods in the Middle East has seen an upturn since the Covid-19 pandemic started last year.

Kuwait Ports Authority (KPA) has approved a proposal to build the Middle East’s first city to serve electric vehicle manufacturers, making it the hub in the region.

Al Ahmadi Governorate accounted for 67.7 percent of the 1,271 deals, followed by Hawalli and Jahra governorates.

US Secretary of State Antony Blinken arrived in Kuwait to hold discussions to boost military cooperation, regional security and investment between the two countries.

This is part of an agreement between Kuwait and the UNDP, called the Stabilisation through Solid Waste Management Projects in Lebanon.

The two plants will be built in the new cities of Rafah and Bir al Abed in North Sinai.

The UN Compensation Commission is to pay another $1.1 billion to the Kuwait Petroleum Company as compensation.

The government has canceled its plan to close down all commercial activities at 8 pm, from Tuesday. It will allow only those who are vaccinated to access various activities.

Average monthly rent for a three-bedroom apartment in Kuwait is about 475 KD ($1579), according to a survey by a UK-based website

Kuwait Investment Authority, which manages the fund, expects the fund's durability will not be affected by withdrawals

President Kais Saied has said that Saudi Arabia, Libya,  Kuwait, Turkey and Algeria have also pledged to help Tunisia is currently battling a fresh wave of infections after successfully containing the virus following its outbreak last year As the spike in Covid-19 cases in Tunisia leads to a highest death...

*Shortage of qualified workers, delay in vaccination and timing restrictions are affecting the sector negatively *Small restaurants and cafes especially suffering because of incomplete vaccination KUWAIT CIT: A severe shortage of specialized and qualified workers, delay in vaccinating a large segment of the sector’s workforce, and continuation of the closure...

Strict restrictions and intensive vaccination drive help the region deal with the pandemic Massive drop in global oil demand and continuous closures in various sectors affect the GCC economies By imposing strict restrictions on its citizens and reaching advanced stages in vaccination campaigns, the GCC proved to be one of...

Imports from UAE $6.2 billion compared to $5.9 billion last year The highest increase in imports recorded from Saudi Arabia Pakistan’s imports from four GCC countries were nearly $10.6 billion during the first 11 months of 2020-21, a report said. The country's imports from UAE were worth nearly $6.2 billion...

Austria will open border for tourists from all across the world, including GCC, from July 1 The move comes as the European country post looks to implement a post-Covid-19 strategy Austria has announced that it will open its border for tourists from all across the world, including those in the...

Floward, founded in 2017, offers same-day delivery for fresh-cut flowers The firm also announced an expansion to the UK late last year A small online flower and gift delivery firm, Floward, has attracted quite a bit of attention in the financial circles of the Middle East by raising nearly $28...

The talks expected to address 'matters of mutual concern'   The Palestinian cause is one of the key issues  Lawmakers from countries from the Gulf and Europe are slated to come together soon for talks in Kuwait that will address "matters of mutual concern," said local reports recently, quoting Kuwait’s National...

The term of the board overseeing the fund expired two months ago This dispute is also delaying investment and economic reforms Kuwait’s has a mega sovereign fund worth some $600 billion, but lately it has been losing its shine as it has become a victim of vicious political confrontation between...

  Kuwait says that many people in the country have contracted the Indian variant The country's health department is conducting genetic examination for the virus on regular basis The most contagious variant of Covid, the Indian strain, also known as the Delta variant, has infected many people in Kuwait, according...

  The new partnership will let real-estate agencies, landlords, and property management companies registered on the Ajar platform collect rent online The new platform is expected to replace the old, outdated system of cash and cheques with a credit-card transaction   United Arab Emirates-headquartered firm Ajar has tied up with...

Best Places to Work is considered as the ‘Platinum Standard’ in identifying and recognizing top workplaces  Novo Nordisk Kuwait wins the certification second time in a row Novo Nordisk Kuwait, an affiliate of the global healthcare company with more than 90 years of innovation and leadership in diabetes care, has...

Hintsa Performance has developed 'Better Life' wellbeing program for KFH staff Program elements include physical activity, nutrition, sleep and recovery, mental energy To ensure well-being and good health of its employees, Kuwait Finance House (KFH) – Bahrain, one of the leading Islamic banks, has announced the launch of its new...

The project is considered to be one of the largest in the world Some 114 sq km of land will be cleaned up of oil Kuwait has set itself the task to clean up its soil contaminated with crude oil from the destruction of nearly 700 oil wells in the...

60 percent of the deficit relates to the region's largest economy, Saudi Arabia S&P predicts central government deficits will reach about $355 billion cumulatively between 2021 and 2024    Budget deficits of the six-nation Gulf Cooperation Council (GCC) bloc are set to fall sharply to about $80 billion in 2021...