Finance
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Budget Deficit Jumping By 50 Percnt In 2016-17 - Kuwait Finance Ministry29 January 2016Kuwait's finance ministry said on Thursday that the Gulf oil exporter's 2016-17 draft budget forecasts a deficit of 12.2 billion dinar ($40.2 billion), nearly 50 percent hi...Gcc Women Favour Banking And Finance09 March 2016GCC women find banking and finance jobs the most appealing, while tourism and hospitality jobs are least popular, new research shows. On International Women’s Day today,...Kuwait Finance House Has Received An Offer From Investors28 March 2016Kuwait Finance House (KFH) has received an offer from investors to buy its stake in affiliate Aref Investment Group, the country's biggest Islamic lender said in a bourse state...Mp Saleh Ashour Bombarded Finance Minister With Questions On Metro And Railway Projects08 April 2016MP Saleh Ashour has bombarded Finance Minister Anas Saleh with 58 questions on the metro and railway projects. This came a day after Ashour protested against pulling out the metro...Kuwait Finance House Reported A 14 Percent Rise In First-quarter Net Profit20 April 2016Kuwait Finance House (KFH) reported a 14 percent rise in first-quarter net profit according to a statement on Wednesday, as the country's biggest Islamic lender set aside less...Kuwait Launches Foreign Bond Sale To Finance Deficit06 November 2016Kuwait will issue billions of dollars worth of bonds in international markets to finance a budget deficit resulting from low oil prices, a report said Saturday. Finance Minister...Ministry Of Finance Postponed Vat Implementation30 November 2016Ministry of Finance has postponed the implementation of value added tax (VAT) on consumable services to conduct further studies in that concern. Some members of the Economic Commit...Imf Plans To Formally Include Islamic Finance Into Its Surveillance Framework23 February 2017The International Monetary Fund plans to formally include Islamic finance into its surveillance framework, a nod to the fast-growing sector but noting risks posed by complex hybrid...Finance Minister Vindicates Economic Reform Document06 March 2017Kuwaiti Deputy Prime Minister and Minister of Finance Anas Al-Saleh defended Monday the government's document of financial and economic reforms as being based on reliable studi...Ku Asked Ministry Of Finance To Urgently Transfer Kd20 Million07 March 2017Kuwait University has asked Ministry of Finance to urgently transfer KD20 million to its account as an “exceptional amount”, reports Al-Rai daily. Secretary General of...World Longest Bridges Is Nearing Completion In Kuwait11 March 2017One of the world’s longest bridges is nearing completion in Kuwait. The 36-km long Jaber Al-Ahmad Causeway, which is coming up across the Bay of Kuwait, will on completion li...Minister Of Finance Has Issued A Decision To Equate Bedoun Employees21 March 2017Deputy Prime Minister and Minister of Finance Anas Al-Saleh has issued a decision to equate Bedoun employees employed on wages the same way expatriates are employed on second contr...Kuwait Set To Ratify Delayed Insolvency Law- Deputy Pm02 May 2017Kuwait’s long awaited insolvency law is expected to be passed “in the coming weeks”, the country’s minister of finance has revealed. In an exclusive inte...Mp Safa Al-hashim Forwarded Questions To Minister Of Finance About Draft Law On Vat16 May 2017MP Safa Al-Hashim has forwarded questions to Minister of Finance Anas Al-Saleh about the draft law on Value Added Tax (VAT) and selective taxation. She wants to know if there has b...Mof Has Prepared A Bill For Implementation Of Selective Tax On Some Commodities Such As Tobacco14 July 2017Ministry of Finance has prepared a bill for implementation of selective tax on some commodities such as tobacco, and energy and soft drinks, reports Al-Qabas daily. This draft l...