News On Companies
‘Companies Not Hiring Enough Kuwaitis Face Increase In Fine’ The National Labor Sector at the Public Authority for Manpower (PAM) has finalized its plan to increase the fine imposed on private sector companies, which failed to comply with the specified percenta... November 14, 2021 225 Category: Kuwait
New Law Banning Home Delivery Service Motorcyclists Using Highways, Motorways Suffocate Companies, Restaurants The recent decision issued by the concerned authorities to ban home delivery workers (those using two-wheelers) from plying on highways, motorways, ring roads and main roads has thrown the home delive... November 09, 2021 553 Category: Kuwait
Kuwait To Allow Foreigners Full Ownership Of Companies Kuwait may allow foreigners full ownership of companies in a push to attract more investments and boost the economy, Arab News reports. Abdullah Al-Sabah, deputy director general for investment operat... October 11, 2021 2064 Category: Business
Group Of Companies Barred From Participating In Tenders Due To Labor Violations The Central Agency for Public Tenders has rejected grievances from a group of companies that are barred from participating in tenders floated by the Ministry of Social Affairs, despite the Public Auth... October 11, 2021 328 Category: Kuwait
Twelve Companies And Factories Since 2015 Failed To Repay Industrial Loans Twelve companies and factories have, since 2015 until date, failed to repay industrial loans to the Industrial Bank of Kuwait (IBK) believed to be in the amount of 58.5 million dinars, reports Al-Anba... June 07, 2021 326 Category: Business
UAE To Allow Investors Full Ownership Of Companies From June 1 The UAE on Wednesday announced that it would allow investors and entrepreneurs full ownership of companies starting June 1, 2021. UAE Minister of Economy Abdullah bin Touq in a tweet confirmed that... May 19, 2021 409 Category: International
MOCI Suspends The Licenses Of 14 Violating Real Estate Firms And Other Companies The Ministry of Commerce and Industry (MOCI) suspended the license of 14 real estate firms and other companies that did not comply with the laws regarding the relevant procedures. These firms committe... March 23, 2021 482 Category: Kuwait
Imposing 1% Tax On Remittances The Legislative Committee will take up a number of issues and discuss them on Monday from these the most prominent of which is the imposition of fees on remittance outside the country, regardless of t... January 22, 2021 1140 Category: Kuwait
KD 500 Deposit Per Deliveryman; Delivery Companies Plan Sit-in Delivery companies owners are waiting for organizing the registration of vehicles and motorcycles and the allowed number in each license, local media reported. According to media report, the traffi... January 14, 2021 263 Category: Information
EPA Issues New Licenses For Companies To Dispose Used Tires In Rahaya The Environment Public Authority (EPA) issued on Monday new licenses to companies to dispose used tires in the northern area of Rohaya, and to evacuate South Saad Al-Abdullah residential site from any... January 04, 2021 258 Category: Kuwait
Decision To Close Borders A Major Blow For Travel Companies The travel and tourism offices were happy with the return of life but the decision to close the land, sea and air borders came as a thunderbolt to them, reports Al-Nahar daily. They explained that ... December 23, 2020 513 Category: Travel
Suspended Companies To Be Heavily Penalized For Human Trafficking Violations Companies caught committing violations of human trafficking laws will have their crimes clearly underlined in their files, under the directions of the Public Authority for Manpower (PAM), who decided ... December 16, 2020 412 Category: Crime News
PART To Solve Issue Of Flying Pebbles The Public Authority for Roads and Transportation (PART) will soon sign contracts with three companies – one global and two local – for the implementation of its plan to procure new materi... December 13, 2020 374 Category: Information
Municipal Council To Tackle Waste Recycling Companies The Municipal Council during its regular meeting today will respond to the question of one of its members about waste recycling companies, in addition to addressing the most important observations mad... December 07, 2020 252 Category: Information
Many Real Estate Companies Achieve Profits In Q3 Of 2020 With the return of life and economic activity in Kuwait, real estate companies listed on the stock exchange have started compensating for the large losses recorded during the first half of this year d... November 30, 2020 268 Category: Information
Introducing One Service And Central Complex For Companies The Director General of the General Administration of Customs, Advisor Jamal Al-Jalawi, affirmed that customs continues to digital transformation, and that its electronic system is a fundamental pilla... November 25, 2020 354 Category: Information
Despite COVID-19 Pandemic, Insurance Companies Achieve Profits Despite the negative economic repercussions of the COVID-19 pandemic imposed on all economic sectors in Kuwait and the world, the insurance companies in Kuwait were able to avoid these negative reperc... November 24, 2020 251 Category: Coronavirus
Legal Loopholes Sealed As Eye On Many Companies ‘violating’ Laws The concerned regulatory authorities have launched extensive campaigns to inspect the transactions of a large number of companies, especially those dealing in real estate, gold, insurance, and currenc... October 26, 2020 293 Category: Crime News
Plan To Monitor Cleaning Companies Deputy Director General for Services Affairs and Head of the Public Cleaning Committee Khalaf Al-Mutairi called for the formation of a technical committee in each governorate to cite the violations of... October 21, 2020 348 Category: Information
6 Shipping Companies Sealed For Smuggling Out Subsidized Foodstuff The Ministry of Commerce and Industry closed 6 freight transport companies for shipping state subsidized foodstuffs. Legal procedures are being completed to transfer them to prosecution for their viol... October 14, 2020 1137 Category: Crime News
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