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Business

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 …

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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 …

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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 …

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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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KIB records KD 21 mln net profit, up 18% y/y for 2018; EPS 22.4 fils

Board proposes 11% cash dividends and 4% bonus shares Sheikh Mohammad Al Jarrah Al Sabah, Chairman of KIB KUWAIT CITY, Feb 2: Chairman of KIB, …

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KCC profits disbursal

KUWAIT CITY, Jan 31: Kuwait Clearing Company (KCC) intends to stop distributing the annual paper checks starting with the distribution of shareholders’ profits for the …

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KFAED signs KD 7mln loan deal with Togo to finance water supply project

Bid to support socio-economic dev in Kara City The loan agreement being signed by Sani Yaya – Minister of Finance of the Republic of Togo …

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Al-Mawashi Co. seeks ‘permission’ to rent shops without specifying activity

Firm’s CEO writes letter to municipal council KUWAIT CITY, Jan 31: Al-Mawashi Company has requested to increase the permitted investment activities at the capital’s slaughterhouse …

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Trans Mideast expo, conference features 30 world-class speakers

KUWAIT CITY, Jan 30, (KUNA): The 16th edition of Trans Middle East Exhibition and Conference kicked off here on Wednesday. Deputy Chairman of the Board …

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‘Capital markets are key players to achieve 2035 Vision’

Markaz CEO Alhajeri participates in Kuwait Industrial Conference and Forum 2019 Manaf A. Alhajeri, Chief Executive Officer of Kuwait Financial Centre ‘Markaz’ KUWAIT CITY, Jan …

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