News
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Some visitors exempted from flying national carriers
The Residency Affairs Sector of the Ministry of Interior has issued instructions not to demand a ticket from expatriates belonging…
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US, UK determined to weaken Houthi ability to disrupt navigation
The US Central Command said Sunday that the United States carried out five strikes in self-defense in areas of Yemen…
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Kuwait Amir heads to Qatar Tuesday on state visit
His Highness the Amir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah will head, Tuesday, an official delegation in a state visit to…
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Kuwait’s skies soar: Independent civil aviation authority ready for takeoff
The Fatwa and Legislation Department has finalized drafting the Civil Aviation Law, shaping the framework for the creation of the…
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Prospects of lower interest rates fade away, reports NBK
A report by the National Bank of Kuwait (NBK) reveals a diminishing likelihood of lower interest rates in 2024. This…
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Kuwait’s resilient reserves safeguard over 13 months of imports despite dip
Kuwait’s foreign currency reserves started the New Year on a downward trend, dwindling to 12.64 billion dinars by the end…
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Kuwait’s investments in US bonds soar by 7.6% to reach $46.32 billion
Kuwait’s investments in US Treasury bills and bonds surged by 7.6% as of December’s close, reaching $46.32 billion, up from…
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Civil Service Bureau adopts flexible working hours for Ramadan
During the Holy Month of Ramadan, the Civil Service Bureau implements a flexible working schedule for government agencies, comprising four…
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GlobalData forecasts 1.2 percent contraction in construction activity
The global construction industry is facing continued challenges, particularly in the housing sector, which is expected to weigh on overall…
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Gulf sovereign wealth funds play significant role in development plans
The economic report highlighted the significant role played by Gulf sovereign wealth funds in the development plans of their respective…
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