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Business

CBK keen on setting up new ‘payments system company’

System compatible with int’l principles, standards KUWAIT CITY, Jan 20: The Central Bank of Kuwait (CBK) is keen on establishing a new Payments System Company …

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ACK keen to structure academic, service activities

Activities in line with Kuwait’s Vision 2035 Dr Issam Zaabalawi KUWAIT CITY, Jan 20: The President of the Australian College in Kuwait, Dr Issam Zaabalawi, …

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Online system for issuance of ‘tax certificates’ launched

KUWAIT CITY, Jan 19: The Ministry of Finance has launched the online system for issuance of tax certificates, reports Al- Seyassah daily. This will allow …

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KNPC requests contract renewal

KUWAIT CITY, Jan 19: Kuwait National Petroleum Company (KNPC) has requested for renewal of a contract to upgrade the boilers (numbers one to six) in …

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End of economic reforms as Kuwait sets 71% of budget for salaries and subsidies

Deficit to hit record high of KD 9 billion Kamel Al-Harami Independent Oil Analyst The blueprint for the budget of next year starting from April …

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KCCI deputy president laments state expenditure-revenue ratio

State should initiate privatization law KUWAIT CITY, Jan 18: First Deputy President of Kuwait Chamber of Commerce and Industry (KCCI) Abdul-Wahab Al-Wazzan says the state’s …

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Jaber Al-Ahmad Cultural Center generated over KD 4.5m revenue for the state

Jaber Al-Ahmad Cultural Centerwon numerous awards for design KUWAIT CITY, Jan 18, (KUNA): As a remarkable piece of architecture with four glistening gigantic buildings, the …

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S&P holds Kuwait at ‘AA … stable’ – ‘Muted growth’

KUWAIT CITY, Jan 18, (KUNA): Standard and Poor’s (S&P) on Friday kept Kuwait’s credit rating at (AA) with stable outlook. S&P released a report about …

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Industrial activities are vital to keep pace with times

Govt keen to support industrial sector by rewarding them Minister of Commerce and Industry delivering a speech KUWAIT CITY, Jan 16, (KUNA): Kuwaiti Minister of …

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KFAED’s water project in Vietnam serves 3m people

Plant produces five million cubic meters of gallons per day HANOI, Jan 16, (KUNA): Van Dinh Water Logging Control project executed by Kuwait Fund for …

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