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Thursday , October 1 2020

Business

Shortcomings to delay many govt, oil projects

CAPT warned of illegal actions’ consequences KUWAIT CITY, Sept 8: Reliable sources at the Central Agency for Public Tenders (CAPT) warned of the consequences of …

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Legislator queries KIA commissions

KUWAIT CITY, Sept 7: MP Abdullah Al-Kandari has forwarded queries to Minister of Finance Barrak Al-Shitan about the companies which manage the investments of Kuwait …

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CBK slashed discount rate 3 times in past fiscal year

KUWAIT CITY, Sep 7: Governor of the Central Bank of Kuwait Dr. Mohammad Al-Hashel said on Monday the CBK downgraded, during the fiscal year (2019-2020), …

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Lessons to be learned by National oil companies

A recent announcement was made by Saudi Aramco to cut down on its capital investments to make better returns. This comes at a time when …

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Central Bank issues instructions to banks regarding board membership

‘Fully adhere to independence conditions’ KUWAIT CITY, Sept 5: In a circular to all local banks, the Central Bank of Kuwait (CBK) pointed out that …

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Kuwait Credit Bank: USD 42 mln worth of loans, grants in August

KUWAIT, Sept 5: Kuwait Credit Bank declared on Saturday that overall loans in the property sector, for women and grants reached KD 12.8 million (USD …

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Habtoor Hospitality partners with Kosher Kitchen

Habtoor Hospitality in partnership with Ellis Kosher Kitchen is delighted to be the first hotel group to introduce Kosher food and beverage services to its …

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Kuwait said running out of cash – Budget deficit to touch $46 billion this year

KUWAIT CITY, Sept 3: When Kuwait’s then- Finance Minister Anas Al-Saleh warned in 2016 that it was time to cut spending and prepare for life …

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Businesses ‘unhappy’ with work timings after curfew

Govt help sought to recover losses KUWAIT CITY, Sept 3: The decision of the Council of Ministers to reopen commercial activities as obtainable prior to …

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Audit nods KD 3m MC refurbishment deal

KUWAIT CITY, Sept 2: The State Audit Bureau has approved the contract for the supply, installation and maintenance of furniture and interior design works in …

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