News
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Power fully restored after outage in Hawally and Mubarak Al-Kabeer
The Ministry of Electricity, Water and Renewable Energy announced that electricity has been fully restored to all areas affected by…
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GCC prices remain stable as inflation stays below 2% in 2025
Inflation across the Gulf Cooperation Council countries stood at 1.8% in 2025, up slightly from 1.6% in 2024, but remained…
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Kuwait closes 29 industrial sites, warns of tougher penalties
The Acting Director-General of the Public Authority for Industry has issued a decision ordering the closure of 29 industrial plots…
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Kuwait grants up to 10-year residency to those who lost Kuwaiti citizenship
The new rules apply to two main groups; What residency can they receive; No six-month limit outside Kuwait; Special rule…
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PAFN raids unlicensed grocery story in Jahra
The Inspection Department of the Public Authority for Food and Nutrition of the Jahra Governorate, in cooperation with personnel from…
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Kuwait Investment Company has CMA approval to market Goldman Sachs fund
The Capital Markets Authority (CMA) has granted Kuwait Investment Company a special marketing license to market shares of the European…
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Lesotho seeks new economic partnership with Kuwait
Foreign Minister Limpho Tau pitches food security, livestock, healthcare manpower and clean energy as key areas for cooperation The Times…
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Technical malfunction causes power outages in parts of Hawalli, Mubarak Al-Kabeer
The Ministry of Electricity, Water and Renewable Energy announced that several main transformer stations went out of service due to…
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1.8 million credit cards in Kuwait drive 2.498 billion dinars in spending in seven months
Banks issued or renewed approximately 252,000 credit cards during the first seven months of 2026 Electronic purchases and online payments…
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Kuwait’s sovereign wealth fund borrowing can reach 50% of GDP, Moody’s says
Moody’s Investors Service has described Kuwait’s new framework allowing the government to borrow from the Future Generations Reserve as credit-positive,…
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