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.
March 17, 202295Category: 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, 2022263Category: Kuwait
Oil Prices Rise One Percent
Oil prices jumped on Monday, as geopolitical tensions in Eastern Europe and the Middle East raised concerns about the outlook for oil supplies, while OPEC and its allies continued to push to increase ...
January 24, 2022139Category: Business
Ultra Petrol Price Increased To 200 Fils
The Committee for examine various types of subsidies affiliated to the Ministry of Finance has decided to amend the price of Ultra (98 octane) gasoline to 200 fils instead of current 180 fils.
December 30, 2021544Category: Business
PCR Test Price Reduced To 9 KD
The Ministry of Health issued a circular to reduce the price of the PCR examination so that the cost does not exceed 9 dinars, starting next Sunday.
Based on the decision of the Medical Licensing C...
December 30, 2021329Category: Coronavirus
Meat And Milk Prices To Rise In Kuwait
Arabic News Paper Alrai Reported that As per the the mills company’s clarifications, the position of the Public Authority for Agriculture , the increasing feed prices for cows, sheep and camels,...
December 04, 2021351Category: Food
Nod To Price Monitoring Bill
Chairman of the parliamentary Financial and Economic Affairs Committee MP Ahmed Al-Hamad disclosed that the panel on Sunday discussed several important bills as follows:
■ Government purchase of ...
November 14, 2021216Category: Kuwait
The Price Of A Barrel Of Kuwaiti Oil Drops 33 Cents
The price of a barrel of Kuwait oil fell 33 cents to reach $82.57 a barrel in trading yesterday, Friday, compared to $82.90 in trading yesterday, according to the price announced by the Kuwait Petrole...
November 13, 2021187Category: Business
Mobile Phones Priced As High As 136,506 KD
The British luxury brand “Vertu” presented its new luxury target, “Signature”, the fourth generation, at the China International Import Expo in Shanghai, at a price of 2.89 mil...
November 11, 2021894Category: Technology
Price Of Mead Doubles
There is an abundance of fish in the Souq Sharq Fish Market, but there is also a sudden jump in the prices of mead(mullet), reports Al-Anba daily. Two days ago a basket of mead was sold for between 15...
October 31, 2021284Category: Kuwait
High Ticket Prices Hampers Return Of Passengers From India
Historical high fares for one way tickets from India to Kuwait have put a damper on the return of Indian nationals from India to Kuwait.
Fares ranging from KD 700 to KD 850 from Indian destinations...
September 01, 20216394Category: Travel
Court Acquits Kuwaiti Man In ‘price Manipulation’
The Misdemeanor Court acquitted a Kuwaiti citizen who was accused of inciting commercial office owners to manipulate prices. The case was filed by the Competition Protection Agency. According to the c...
March 31, 2021339Category: Crime News
Return To Kuwait Starts From 600 Dinars
After waiting for more than a year for the return of direct flights between Kuwait and Egypt, travel agents in Cairo and other Egyptian regions received a large number of those wishing to return to Ku...
February 20, 202112829Category: Travel
Bitcoin Price Hits New All-time High
The price of bitcoin has hit a new record high, reaching above $36,000 (£26,000) for the first time in its history.
The latest gains mean the cryptocurrency now has a market cap of around $65...
January 06, 2021456Category: Crypto
Low Oil Price, COVID-19, Stifles Economy
The unwelcome arrival of SARS-CoV-2 virus in Kuwait early this year, along with the persistently low oil prices since then, have dealt a double whammy to the country’s economy. Though the virus-...
November 28, 2020461Category: Coronavirus