News On Finance
Creating A Company To Finance Retirees Is Being Considered Taking advice from an independent body on the feasibility of the company, Abdul Wahab Al-Rasheed, Minister of Finance, announced that the Board of Directors of the Public Institution for Social Securi... May 11, 2022 98 Category: Kuwait
Kuwaiti Appointments Have Been Halted By Finance The Ministry of Finance has put a hold on new Kuwaiti government appointments until the draught budget for 2022-2023 is approved or a law linking the budget is passed. The Finance Ministry has issu... April 21, 2022 83 Category: Information
Finance Approves Dry Fuel Conversion From Municipal Solid Waste Minister of Finance Abdulwahab Al-Rasheed has refused to sign a contract with Kuwait Cement Company to build a plant to convert municipal solid waste into dry fuel for use in cement plants' furnac... April 05, 2022 110 Category: Kuwait
The Ministry Approves Payment Of 40 Million Dinars As End-of-service Benefits The Ministry of Education's finance department has approved 40 million dinars in end-of-service benefits for 338 employees who are required to retire in 2020-2021, the majority of whom are educato... February 15, 2022 244 Category: Kuwait
Finance, Admin Violations Reported At ‘tourism Firm’ The series of frauds being committed against the people of Kuwait continues. The latest is evident from the reports of supervisory authorities which confirm the existence of serious financial and admi... November 22, 2021 367 Category: Kuwait
Accountants Shun Accounts, Finance Departments A number of ministries and government institutions have sounded an alarm bell and warned against employees with financial and accounting backgrounds of turning their backs to finance departments and m... November 22, 2021 303 Category: Kuwait
IMF Severely Criticizes ‘Statistics’ And ‘Finance’ For Not Issuing Vital Data The International Monetary Fund (IMF), during a mission to Kuwait, has criticized several government institutions because data and statistics were not available to help understand the country’s ... November 21, 2021 240 Category: Kuwait
Council Of Minister Urges Government Agencies To Coordinate With Finance On General Reserve The Council of Ministers urged the In-charge of government agencies to quickly coordinate with the Ministry of Finance about the ministry’s decision on the “general reserve” and find... September 28, 2021 189 Category: Kuwait
Al-Rashed Tipped To Take Over Finance Portfolio Although the resignation of Minister of Finance and Minister of State for Economic Affairs and Investment Khalifa Hamada has yet to be officially announced, Al-Rai has learned Dr. Fahd Al-Rashed is mo... August 31, 2021 190 Category: Kuwait
‘Finance’ Rejects Proposal To Hike Students Stipend To KD300 Government’s Education, Culture and Guidance Affairs Committee discussed during its meeting its mandate to research and study ways to develop higher education institutions and raise their effici... August 03, 2021 332 Category: Business
Ambassador Discussed Bilateral Relations With Finance Minister Ambassador of India to Kuwait H E Shri Sibi George paid an official call-on His Excellency Mr. Khalifa Musaed Hamada, Minister of Finance & Minister of State for Economic Affairs and Investment, S... April 06, 2021 383 Category: Kuwait
LIC Housing Finance Provide Loans For Housing Needs Of NRI’s In GCC LIC Housing Finance representative offices in Kuwait and Dubai provide loans for housing needs of NRI’s in GCC countries at an attractive rate of interest starting from 6.90% onwards which is am... January 13, 2021 722 Category: Information
Ministry Of Finance’s Senior Official, 5 Assistants Resign The Undersecretary of Ministry of Finance Saleh Al-Zarawi and five of the ministry’s assistant undersecretaries submitted a joint resignation following the issuance of a decision to reshuffle as... November 01, 2020 350 Category: Kuwait
Finance Turmoil Soils State Reputation The registration of candidates for the 2020 parliamentary elections continued Wednesday with the strict implementation of health regulations to curb the spread of coronavirus. A total of 55 candidates... October 28, 2020 390 Category: Information
Court Orders Ministry Of Finance To Return Kuwaiti Citizen Over KD2m The Court of Cassation presided over by Judge Fouad Al-Zuwaid obliged undersecretary of the Ministry of Finance to repay a Kuwaiti citizen two million nine hundred thousand dinars which the ministry h... October 14, 2020 686 Category: Crime News
MP Safaa Al-Hashem: The Finance Committee Approved The Financial Guarantee Law For Owners Of Small And Medium Enterprises The head of the Parliamentary Finance Committee, MP Safaa Al-Hashem, said that the committee approved the financial guarantee law for owners of small and medium enterprises, which will be submitted to... September 29, 2020 973 Category: Information
Minister Of Finance Confirms His Support For The Board Of Directors Of Kuwait Airways Today, Sunday, Finance Minister Barak Al-Sheitan affirmed his support for the efforts of the Kuwait Airways Board of Directors for the service and development of the national carrier. Al-Sheitan met ... August 30, 2020 1421 Category: Kuwait
Finance Denies Social Media Rumors About Platform For Trading In Bitcoin The Ministry of Finance has denied rumors spread on Facebook about the establishment of a platform for trading Bitcoin in the country. In a press statement, the ministry disclosed a fake statement ... September 18, 2019 279 Category: Crypto
Now Max Loan We Can Apply From NBK Is KD 25,000 Instead Of KD 15,000 Maximum loan amount for consumer loans has become KD 25,000 instead of KD 15,000. Please Visit your nearest NBK branch or contact the NBK Call Center. Terms and conditions apply. WHO CAN APPLY? Al... July 01, 2019 1405 Category: Kuwait
Finance Approves Amendments For Government Budget For Fiscal 2018/2019 The Ministry of Finance has approved several amendments to the government budget for the fiscal 2018/2019 with the aim of settling the amount of KD 8.9 million that were disbursed at the expense of th... June 27, 2019 356 Category: Business
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