Business
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End of an era for CFO Sunny Bhatia at KIPCO
Kuwait Projects Company (Holding) (KIPCO) announced that its Group Chief Financial Officer, Sunny Bhatia, will step down from his position…
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Kuwait, WB explore deeper partnership to enhance governance, technical cooperation
Minister of Finance Dr. Yaqoub Al-Rifai met on Monday with the World Bank Group’s Vice President for the Middle East,…
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Banks move to take full control of cash as new CBK rules reshape liquidity management
Local banks are studying a proposal to establish a special company to manage cash liquidity, following a regulatory directive issued…
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No documents, no transfer: Exchange firms enforce tough new transparency rules
Exchange companies have begun tightening precautionary measures governing customer money transfers, significantly strengthening verification procedures related to the source of…
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Digital commerce, online adverts, sales require license; violators face jail term, 1,000 to 10,000 dinars fine
Mandatory Licensing for Digital Commerce Clear Advertising and Consumer Transparency Rules Strict Regulation of Influencer Marketing Penalties Including Jail and…
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Ports, power, and new cities, Kuwait’s development revolution accelerates through Chinese partnership
The pace of Kuwaiti-Chinese partnership projects has accelerated significantly under the supervision of the ministerial committee chaired by His Highness…
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CBK tells banks, ‘End relations with clients who fail to prove transactions legitimacy’
As part of broader regulatory and banking measures aimed at addressing the risks of money laundering and terrorist financing, the…
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Amiri Decree establishes comprehensive framework for online trade, consumer protection
An Amiri decree-law No. (10) of 2026 regulating work in the digital commerce sector was issued on Sunday, marking a…
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AI investment boom set to reach $2.5 trillion, surpassing history’s greatest mega-projects
As world leaders and technology executives gathered in New Delhi for the India-AI Impact Summit 2026 to discuss governance, employment…
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Smart money moves: Kuwait’s holdings of US Treasury Bonds hit record $66 billion
Official data released by the United States Department of the Treasury showed that Kuwait’s holdings of US Treasury bonds climbed…
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