News On Percent
Inflation In Kuwait Rose By 1.15 Percent Inflation rates on annual basis in Kuwait rose by 1.15 percent in July, compared to the same month in 2018, according to the Central Statistical Office (CSO). Inflation rate on a monthly basis rose... August 21, 2019 259 Category: Business
Kuwait’s Trade Surplus With Japan Plunges 48.3 Percent Kuwait’s trade surplus with Japan plunged 48.3 percent from a year earlier to JPY 22.1 billion ($197 million) in March, down for the first time in two months due to weak exports, the Finance Min... April 18, 2019 293 Category: Business
Tax Expats In Kuwait 5 Percent On Remittances Sent To Their Home Country A draft law was submitted today to impose 5% tax on expats for remittances sent to their home country. Financial and economic affairs committee went ahead and approved the bill and now have sent it to... April 17, 2019 1710 Category: Kuwait
Asset Revenues In General Reserve Fund Declines To 1.2 Percent Liquid and semi-liquid asset revenues in the general reserve fund declined to 1.2 percent during the period from April 1, 2018 to Dec 31, 2018, compared to 1.6 percent for fiscal 2017/2018, and extern... April 16, 2019 324 Category: Business
41.2 Percent Of Kuwaiti University Graduates Unemployed Statistics revealed by the concerned authority show 41.2% of the Kuwaiti university graduates are unemployed, and the largest proportion (75%) among them are holders of low degrees, reports Al-Qabas d... April 01, 2019 503 Category: Kuwait
Kuwait Loses Unique Cheap Internet – 400 Percent Increase In Rent The teeming consumers and Internet Service Providers welcomed the new year with three ministerial decisions issued by the Ministry of Services to increase rent fees for the space and masts used by the... January 24, 2019 1221 Category: Kuwait
43 Percent People Smoke In Kuwait The number of smokers in Kuwait has reached 43 percent of the total population last year, as per a report released by Oxford Economics Group, the UK’s leading economic forecasting group, reports... January 18, 2019 391 Category: Kuwait
Credit From Banking Sector Rose By 3 Percent In November Kuwait Finance House (KFH) said that credit from the Kuwaiti banking sector rose by three percent in November. The volume of credit granted last November was KD 36.6 billion ($119 billion) compared to... January 13, 2019 335 Category: Business
CBK Keeps Discount Rate Unchanged At 3 Percent The Board of Directors of Central Bank of Kuwait (CBK) decided Wednesday to maintain the discount rate unchanged at 3.0 percent. The decision aims to strengthen the current positive economic outlook a... December 21, 2018 522 Category: Business
General Criminal Investigations Department Approves 98 Percent Job Quota For Kuwaitis Informed sources disclosed that General Criminal investigations Department has approved Kuwaitization of administrative jobs on the basis of 98 percent quota at the beginning of 2019, reports Al-Qabas... December 09, 2018 461 Category: Kuwait
Kuwaitis Spend 11 Percent Of Annual Income On Tourism A Kuwaiti citizens spends 11 percent of his or her annual income on tourism, travelling and recreation, according to a recent study carried out by the World Trade Organization (WTO). This rate is the ... November 26, 2018 407 Category: Kuwait
Iraq To Pay Kuwait 1.5 Percent Of Oil Proceeds As Compensations United Nations Compensation Commission (UNCC) Governing Council said on Thursday that Iraq would pay, effective early next year, 1.5 percent worth of oil sales’ proceeds to the UNCC compensation... November 09, 2018 360 Category: Kuwait
MoH Launches Drive To Slash HIV - AIDS Cases By 50percent – 414 Kuwaitis Tested Positive Ministry of Health has announced a total of 414 Kuwaitis who have tested positive or are carriers of human immunodeficiency virus (HIV) lead a normal life and enjoy good health, reports Al-Seyassah da... November 02, 2018 583 Category: Kuwait
Broad Money Supply Declined By 0.3 Percent In August Broad money supply (M2) declined by 0.3 percent in August compared with July, recording KD 37.9 billion ($125 billion), according to the Central Bank of Kuwait (CBK). Private sector’s deposit... October 12, 2018 439 Category: Business
Inflation In Kuwait Rose 0.89 Percent In August Basic consumer prices (inflation) rose by 0.89 percent in August compared to the same month last year, the monthly report of the Central Statistical Bureau (CSB) showed. Consumer Price Index (CPI) ... September 21, 2018 448 Category: Business
Money Supply Declined 0.1 Percent In July The Central Bank of Kuwait (CBK) showed Monday that the broad money supply (M2) declined by 0.1 percent last July compared with last June, recording KD 38.3 billion (about $125 billion). The privat... September 11, 2018 444 Category: Business
People From A Single Nation Should Not Exceed 25 Percent Of Kuwaitis The Parliamentary Committee on Legislation has forwarded its report concerning addition of a new clause to the Public Authority for Manpower Law, which stipulates laying down the necessary policy to a... August 20, 2018 659 Category: Kuwait
Expatriate Workers Remittances Increase By 3.5 Percent -Central Bank Of Kuwait Central Bank of Kuwait revealed that the remittances of expatriate workers in Kuwait increased by 3.5 percent during the first quarter of this year, reports Al-Anba daily. In a press statement, the... July 22, 2018 1318 Category: Kuwait
27 Percent Of The Total Manpower In Kuwait Are Domestic Workers Domestic helpers form 27 percent of the total manpower in Kuwait, according to latest statistics from Public Authority for Civil Information (PACI). PACI Statistics shows that out of total 2,672,42... June 24, 2018 716 Category: Kuwait
Rents Increased By 100 Percent Compared To 2012 CBRE, a global real estate consultancy firm, has stated in its report that the rents of deluxe commercial real estate in Kuwait City have returned to the levels witnessed in 2008, which were the highe... June 24, 2018 698 Category: Kuwait
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