Minister - The Price Hike Is An Inevitable Global Trend
According to local Arabic daily Al-Rai, citing Minister of Commerce Fahd Al-Shuria'an, price spikes are unavoidable, and the government cannot guarantee that they would not affect citizens.
In ...
March 17, 2022124Category: Information
Price Hikes Are Inevitable, Govt Says
Despite growing concern about the economic consequences of the ongoing Russian-Ukrainian conflict, minister of commerce Fahd Al-Shariaan said price hikes are inevitable, and that the government cannot...
March 14, 2022298Category: Kuwait
Citizens, Residents Complain Of Uncalled For Hike In Prices Of Commodities
Consumers – citizens and expatriates alike — are bitterly complaining of a new wave of price hikes of various commodities, including medicines and food stuffs in cooperative societies, whi...
January 17, 2022267Category: Kuwait
Hike In Oil Price Is Temporary: Al-Wazzan
First Vice-President of the Kuwait Chamber of Commerce and Industry Abdulwahab Al-Wazzan says it is high time Kuwait works to diversify sources of income sooner rather than later, and not to rely too ...
October 16, 2021705Category: Business
Hike In Hotel And Restaurant Prices For New Year’s Eve
Suspension of commercial air traffic at Kuwait International Airport and the application of precautionary health measures in public places have ignited the prices of reservations to spend New Year&rsq...
December 30, 2020413Category: Business
Govt Fears Hike In COVID-19 Cases After Elections
The country has crossed the mid phase of the second wave of COVID-19, and the indicators are good so far compared to several countries in Europe and in the region, which entered the second wave of the...
November 08, 2020689Category: Coronavirus
4.8 % Hike In Private Sector Deposits This Year
Private sector deposits in Kuwait’s banking sector recorded good growth during the first eight months of this year, reaching 4.8 percent to record KD 38 billion. This is the highest historical l...
November 03, 2020365Category: Kuwait
Building Materials’ Market Witnesses Hike In Prices
According to real estate sources, the market for selling building materials is currently witnessing a noticeable rise in prices due to the repercussions of the COVID-19 crisis as well as the governmen...
October 22, 2020494Category: Business
Hike In Meat Prices Due To Delay In Sheep Shipment From Australia
The repercussions of the COVID-19 crisis continue to have a negative impact on some vital sectors. For instance, the delay in sheep shipment from Australia has sparked an increase in the meat pr...
September 06, 2020544Category: Automotive
Hike In Number Of Expat Employees In Private Sector
The private sector witnessed an increase in the number of expatriate employees by about 58,000 during the period from June 2018 to June 2019, reports Al-Qabas daily.
According to the statistic issu...
December 17, 2019351Category: Expats
Kuwait Plans To Hike Crude Oil Exports To China
A senior Kuwaiti oil official affirmed Saturday that his country plans to increase its crude oil exports to China to more than 600,000 barrels per day by 2019. Kuwait’s volume of liquefied natur...
November 10, 2019469Category: Business
MP Safa Al-Hashem Welcomes 100% Hike In Expat Maternity Charges
MP Safa Al-Hashem welcomed a decision by the health ministry to increase by 100 percent charges expatriate women have to pay at maternity hospitals. According to Kuwait Times report she said the new r...
October 10, 2019740Category: Kuwait
‘Hike In Number Of Expats, Menial Labor Has Increased Not True’
The government did not fail to address the demographics imbalance but has been pursuing a clear strategy two years ago to address the matter in a way that does not harm the national economy, reports A...
August 26, 2019376Category: Kuwait
KD 330.87mn Hike In Bourse Foreign Investment
Kuwaiti Minister of Commerce and Industry and State Minister for Services Khaled Al-Roudhan said on Thursday that the year 2018 witnessed a quantum leap for the Kuwaiti business environment after the ...
July 26, 2019327Category: Business
KIA Sees 12% Hike In ‘ Passenger Traffic ’
Kuwait International Airport’s passenger traffic had risen by 12 percent in June compared to the same period a year earlier, the Civil Aviation Authority said on Sunday.
Some 1.36 million tra...
July 15, 2019316Category: Kuwait
Hike In Value Of State Assets By 5.1pc
The value of the state assets has reached KD 187 billion as of end of last fiscal year compared to KD 178 billion in the fiscal year that ended on March 31, 2018, reports Al-Qabas daily quoting source...
July 05, 2019293Category: Business
Al-Durra Not To Blame For Hike In Cost Of Maids Beyond The Advertised Prices
The price of domestic labor is still a fire, and the accusations go to the government- backed Al-Durra Company but the Chairman of Al-Durra Domestic Workers Recruitment Company Ali Al-Kandari has reje...
April 10, 2019367Category: Kuwait
Hike Seen In Number Of Oil Sector Kuwaitis Working Under Contract
The number of Kuwaiti employees registered under contracts of contractors working in the oil sector has reached 4,842 in the 2018/2019 fiscal year compared to 3,632 employees in the 2014/2015 fiscal y...
April 09, 2019309Category: Kuwait
Health Insurance Fees From Jan 2020 To Be KD 130
The expatriates will have to pay more money in the form of health insurance should the concerned authorities decide to do so, reports the Al-Qabas electronic website quoting informed health sources.
...
April 04, 20193498Category: Health Insurance
A Group Of SMEs Complain About Hike In Number Of People At Sadiq Center
A group of small and medium enterprises (SMEs) entrepreneurs have complained about the increase in the number of people catered by the Sadiq Center after they were merged with the representative...
January 21, 2019504Category: Business