ARAB TIMES – KUWAIT NEWS THE FIRST ENGLISH LANGUAGE DAILY IN FREE KUWAIT الكويت
New changes in top positions in oil sector KUWAIT CITY, Feb 4: Kuwait Oil Tanker Company (KOTC) has selected ChartCo for managing its navigational necessities, …
Read More »ChartCo and KOTC sign contract to provide navigational services
Business
CBK working on ‘draft law’ to appoint independent Shari’a Supervisory Board
Legitimate bodies contradict this view KUWAIT CITY, Feb 4: The Central Bank of Kuwait is currently working on a draft law which will allow it …
Read More »Kuwait attracts investments
KUWAIT CITY, Feb: Assistant Director General for Business Development at Kuwait Direct Investment Promotion Authority (KDIPA) Mohammad Yacoub said that Kuwait attracted $800 million direct …
Read More »KPC appoints new heads of ‘affiliated’ companies
New appointee heads to lead for 3 years Hashem Sayed Hashem KUWAIT CITY, Feb 4, (KUNA): The Kuwait Petroleum Corporation (KPC) appointed on Sunday the …
Read More »48.7% decrease in Over the Counter Market
KUWAIT CITY, Feb 3: Kuwait’s Over the Counter Market (OTC) has witnessed a decrease last week by 48.7 percent compared to the previous week. The …
Read More »PAM conducts study on decision of SME sector
KUWAIT CITY, Feb 3: Public Authority for Manpower has conducted a detailed study on the methods used to implement the decisions taken for regulating the …
Read More »Awqaf Undersecretary granted right to sign contracts worth KD 3 million
KUWAIT CITY, Feb 3: Ministry of Awqaf Undersecretary Fareed Emadi has been granted several administrative and financial prerogatives and authorities by the Minister of Awqaf …
Read More »State Audit Bureau eye on 3 tenders for Ministry of Social Affairs
KUWAIT CITY, Feb 3: The State Audit Bureau is currently studying three tenders for the Ministry of Social Affairs, one of which is for importing …
Read More »Ministry of Finance exerting efforts to control ‘governmental expenditures’
KUWAIT CITY, Feb 3: The Ministry of Finance has been exerting tremendous efforts to control governmental expenditures, affirming that relevant studies are being conducted to …
Read More »Privatization is another means to bridge deficit
Kamel Al-Harami Independent Oil Analyst In the last four years, Kuwait has been incurring deficit in its annual budget. The coming year, the government will …
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