PWC report cites reasons for cautious optimism in future

In the tumultuous landscape of capital markets in 2023, marked by economic uncertainties, market volatility, and geopolitical instability, a report by consulting and auditing...

Horeca Kuwait Exhibition set to kick off its twelfth session

Continuing its streak of successes from previous editions and entering the second year of its second decade, the Horeca Kuwait Exhibition is set to...

Biggest US banks report bad debts worth $24.4 billion

A consortium of major United States banks is poised to register a substantial surge in nonperforming or delinquent loans -- indebtedness linked to borrowers...

CBK issues bonds and tawarruq

The Central Bank of Kuwait announced that the latest issuance of Central Bank bonds and tawarruq has been allocated, with a total value of...

Fahaheel police arrest bootleggers

The Fahaheel police have arrested three expatriates for promoting local alcohol in the Fahaheel area. The individuals were found in possession of 120 bottles...

MOI outlines achievements made during initial two years of 2021-2026 five-year plan

The Ministry of Information has released a comprehensive report on the progress of its strategic plan for the period spanning from April 1, 2021,...

MOE requests 2.7 billion dinars budget for fiscal 2024-2025

The Ministry of Education has requested a budget of 2.7 billion dinars for fiscal 2024-2025 from the Ministry of Finance. According to sources, the...

Job security for Kuwaitis working in private oil companies

The Human Resources Committee of the National Assembly, in its meeting, finalized two proposals for laws pertaining to employment in the private oil business...

Franz Beckenbauer: German football legend dies aged 78

German legend Franz Beckenbauer, widely regarded as one of football's greatest players, has died aged 78. He won the World Cup as captain of West...

Government study recommends establishing economic zones to diversify Kuwait’s Economy

A recent government study has emphasized the necessity of creating new economic zones and strengthening the economic engines in each region of Kuwait. The...

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