Business
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Kuwait ranks first in Arab World, 50th globally on 2026 Prosperity Index; 21st globally in economic freedom
On Prosperity Index Globally, Switzerland ranked first, followed by Norway, Ireland, Denmark, Finland, Iceland, Sweden, Germany, Australia and the Netherlands.…
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Bitcoin surpasses $80,000 as weaker dollar boosts crypto market
Bitcoin climbed above $80,000 on Tuesday to its highest level in more than three months, supported by a weaker US…
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Kuwait banks may return to pre-march liquidity rules as CBK reviews exceptions
The Central Bank of Kuwait is assessing banks’ readiness to return to pre-March regulatory liquidity requirements, nearly five months after…
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Kuwait’s beneficial ownership registration tops 98pc as anti-concealment rules tighten
Kuwait has recorded a major increase in beneficial ownership compliance, with registration exceeding 98 percent of the targeted entities, as…
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‘Concealment Law’ applies to businesses licensed in names of relatives, friends
The Commercial Concealment Law applies not only to foreigners but also to citizens who conduct business through commercial licenses registered…
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Kuwait tightens FATCA, CRS reporting compliance ahead of August 31 deadline
The Central Bank of Kuwait has instructed local banks, exchange companies and financial institutions to complete and submit their required…
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KSE foreign holdings jump 44% from 2024 to 7.7 billion dinars in H1 2026
Foreign ownership of companies listed on the Kuwait Stock Exchange rose to 7.7 billion dinars by the end of the…
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Commerce Ministry shuts down two health institutes, seizes 322 counterfeit items
Kuwait’s Ministry of Commerce and Industry has shut down two health institutes in Salmiya and seized 322 counterfeit clothing, accessories…
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Kuwait real estate transactions reach 92.2 million dinars in one week
Kuwait’s real estate market recorded 154 transactions worth about 92.2 million dinars during the week of August 9-13, according to…
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Public Authority for Industry shuts down 21 establishments in eight areas
The Public Authority for Industry issued a package of decisions that included closing 21 industrial establishments in eight industrial areas,…
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