Kuwait's Social, Economic Life Returns To Normal In Ramadhan
After two years of lockdowns and curfews due to the Coronavirus pandemic, Ramadhan this year seemed to have returned to normal, as people returned to gatherings and to normal shopping after a two-year...
April 04, 2022133Category: Kuwait
SAB Insists Govt Must Be Serious On Financial, Economic Reforms
The State Audit Bureau (SAB) stressed the need for the government to take a serious stance in the structural reform of the public finances and to reform the structural imbalances in the national econo...
January 15, 2022143Category: Business
Kuwait’s Dithering Economic Prospects
In its latest Global Economic Prospects report the World Bank notes that following a strong rebound in 2021, the global economy is now entering a period of pronounced slowdown. The bank expects global...
January 15, 2022254Category: Economics
5.3% Economic Growth Expected For Kuwait In 2022
The economic outlook for the oil-producing countries came within broader expectations that included the Middle East and North Africa region, in a report entitled “Global Economic Prospects&rdquo...
January 13, 2022156Category: Business
Designing The Wafra Economic Zone During 2022
The Kuwait Direct Investment Promotion Authority has received financial bids for the design of the Wafra Economic Zone, which will be built on 7 million square meters area.
The sources said only tw...
November 23, 2021218Category: Kuwait
Economic Impact Of Rescinding Tens Of Thousands Of Visas
Economists and citizens voiced different views on the economic impact of tens of thousands of expatriates who have had their residence permits rescinded, due to their inability to renew them on time.
...
November 20, 2021829Category: Business
COVID-19 Pandemic Had Major Economic Impacts On The Middle East
Reconnaissance Research has prepared a brief report on the impact of the Corona epidemic on the economies of the Middle East region in general, and Kuwait in particular. This report was prepared by Dr...
September 11, 2021258Category: Business
Vibrant Tourism Sector Vital To Economic Revival
During its regular session last week, the Council of Ministers chaired by His Highness the Prime Minister Sheikh Sabah Al- Khalid Al-Hamad Al-Sabah, called on the Minister of Finance Khalifa Hamada to...
August 28, 2021612Category: Kuwait
Ambassador Discussed India-Kuwait Economic Cooperation With GSSCPD Chief
Indian Ambassador Sri Sibi George held a meeting with H.E. Dr. Khaled A. Mahdi, Secretary General of the Supreme Council for Planning & Development (GSSCPD), State of Kuwait.
Both discussed way...
February 03, 2021239Category: India
Dubai Adopts The Fifth Economic Stimulus Package Of 315 Million Dirhams
The Dubai government announced the adoption of the fifth economic stimulus package, worth 315 million dirhams, to help the economy overcome the effects of the Coronavirus pandemic.
Dubai Crown Pr...
January 06, 2021393Category: International
Concern Raised Regarding Economic Fallout From Demographics Law
The official government position is that it supports wholeheartedly the demographic law recently approved by the National Assembly, to limit the expats in the country and change the demographics, howe...
November 22, 2020529Category: Information
Expelling Expatriates May Not Be The Answer To Kuwait’s Deep Economic Malaise
Over the past 15 years the population of Kuwait has more than doubled from 2.2 million in 2005 to 4.8 million at the start of 2020. During this period, the number of citizens grew by 63 percent, from ...
October 31, 2020655Category: Expats
Ignoring SME Support Risks Economic Revival Hopes
After months of discussion and debate in public forums and parliamentary committees, lawmakers eventually decided to reject the Small and Medium Enterprises (SMEs) support bill tabled by the governmen...
October 24, 2020382Category: Business
IMF Sees Kuwait Economic Slowdown
In its revised forecast of real GDP cuts in 2020 for all member states of the Gulf Cooperation Council (GCC) except Saudi Arabia, the International Monetary Fund (IMF) sees an 8.1 percent contraction ...
October 15, 2020666Category: Economics
To Boost Economic Recovery UAE Resumes Issuing Entry Permits
The Federal Authority for Identity and Citizenship in the Emirates announced today the resumption of work regarding the issuance of various visas, except for work permits.
The authority said, in a ...
September 24, 2020791Category: International
Kuwait Urges Arab Nations To Unite Towards Economic, Social Integration
A Kuwaiti official called on Arab countries on Wednesday to unite efforts to achieve economic and social integration amidst spread of the coronavirus pandemic, which he described as “difficult.&...
September 02, 2020312Category: Kuwait
Current Economic Conditions Require Spending Cuts – 20% Budget Reduced
Kuwait Prime Minister His Highness Sheikh Sabah Khaled Al-Hamad Al-Sabah Thursday called on all authorities to understand “critical circumstances,” which required spending cuts to overcome...
June 05, 2020817Category: Coronavirus
Kuwait Government Review Economic And Social Repercussions Of Coronavirus
Kuwait government discussed Monday a briefing of economic and social repercussions of coronavirus and steps taken by the supreme committee for economic stimulus, presented by its head, Kuwait Central ...
April 21, 2020721Category: Coronavirus