MEW Asks Banks To Help Consumers Pay Bills Online
The Ministry of Electricity, Water and Renewable Energy has requested that banks introduce a service to assist customers in paying past-due payments.
According to sources, the ministry justifies it...
May 30, 2022161Category: Kuwait
When Inflation Makes Your Money Less Valuable, Here's How To Save More
Consumers can adjust their spending and saving strategies during inflation to help minimize the impact of inflation on the value of their money.
In terms of spending power, inflation implies that i...
May 07, 2022320Category: Information
Kuwait’s Consumer Behavior Turned Online In Six Months Due To Coronavirus
There was a significant growth of KNET’s business in 2020 compared to the previous year, especially during the Coronavirus pandemic, which has caused drastic changes in many consumer behaviors a...
January 11, 2021384Category: Coronavirus
MEW Yet To Collect Bills Of Many Consumers
The Ministry of Electricity and Water (MEW) has yet to collect payments for the accumulated bills of several consumers, including some government institutions, reports Al-Rai daily quoting informed so...
October 19, 2020444Category: Kuwait
Huge Number Of Consumers Seen In Retail Stores On Day 1 Of Phase 2
The total consumer spending on the first day reached about KD 55 million, which is up by KD 4 million compared to the previous days. CEO of Shared Electronic Banking Company (Knet) Abdullah Al-Ajmi sa...
July 02, 2020458Category: Kuwait
Gulf Anti Dumping Duties Raise Cost To Consumers, Kuwaiti Economists Argue
In what they considered to be anti-dumping in the local markets of the Gulf Cooperation Council countries and to protect their industry from harmful practices in international trade directed to them b...
June 01, 2020759Category: Business
FDA Warns Against Using Hydroxychloroquine For Coronavirus Outside Of Hospitals
The Food and Drug Administration (FDA) warned consumers on Friday against taking malaria drugs chloroquine and hydroxychloroquine to treat Covid-19 outside a hospital or formal clinical trial setting ...
April 25, 20201011Category: Coronavirus
Oil Producers, Consumers Final Losers
Oil prices have risen rapidly this year and are expected, by some, to head higher — possibly towards $100 per barrel. This is alarming to many, who consider such a rise as devastating to the eco...
July 10, 20181372Category: article
MOCI To Monitor Prices And Protect Consumers During This Holy Month
Members of the National Assembly congratulated His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, HH the Prime ...
May 18, 2018483Category: Kuwait
Iranian Zubaidi Fish Prices Stable
The supply of huge quantities of Iranian Zubaidi fish, about 50 tons, in the fish market on Tuesday did not affect the prices of local Zubaidi fish, which continued to sell at a rate of KD 8-KD 10 per...
May 13, 20181885Category: Kuwait
OPEC Non-OPEC Countries Extend Output Cuts Til 18 End
A ministerial committee comprising OPEC and non-OPEC countries agreed during its meeting in Muscat Sunday to extend an agreement to cut crude oil production until end of this year.
The committee me...
January 22, 2018824Category: Kuwait
Kuwaitis Are Observing A Dangerous Phenomenon, Which Is Alien To The Country
Kuwaitis are observing a dangerous phenomenon, which is alien to the country, in view of recent official statistics indicating some 17,000 citizens are currently unemployed; not counting an average of...
December 29, 20172085Category: Kuwait
MEW To Install Smart Meters From December
Assistant Undersecretary for Consumer Affairs in the Ministry of Electricity and Water Dr Mishal Al-Otaibi said the ministry is ready to install the first batch of smart meters in Kuwait by early Dece...
December 05, 20171166Category: Kuwait
Fraud In Gold Shop At KD 50,000 - Ministry
Ministry of Commerce and Industry inspectors have discovered fraud of 3,940 kilograms of gold valued at KD 50,000 (US$ 165,000) at a gold store in Al-Rai district. The case was later referred to prose...
November 14, 20175841Category: Kuwait
Family Materials Project Aims To Reduce Prices And Control Price Hikes
The Family Materials Project aims to reduce prices and control price hikes through the coordinated efforts of the workers and consumers in protecting the rights of both parties by ensuring that prices...
November 14, 2017790Category: Kuwait
Retail Sector Essential Factor In Economic Growth Despite Competition
The cooperative sector in Kuwait uniquely charaterizes the economic and social aspects of the state and is a key factor in shaping the economic structure of the country, especially in terms of retail ...
September 27, 2017657Category: Kuwait