Monday , October 23 2017

Kuwait

Some banks stop giving installment loans to expats – Despite no instructions from CBK

KUWAIT CITY, Jan 17: The new banking regulations forced some banks to stop giving installment loans worth KD 70,000 to expatriates, and restricted their financial transactions for car loans and other consumable commodities, although no instructions were given specifically regarding the issue, reports Al-Rai daily. The daily quoting sources said …

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MP ‘queries’ over commodity prices

KUWAIT CITY, Jan 17: MP Abdullah Al-Adwan has presented queries to Minister of Commerce and Industry Yousef Al-Ali on his ministry’s role in monitoring the prices of vital commodities. He wants to know if there is a mechanism for monitoring the prices of these commodities compared to the prices in …

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Envoy urges Pinoys to take advantage of amnesty

KUWAIT CITY, Jan 16: The Philippine Embassy in Kuwait urged all its undocumented nationals or those who have been overstaying in the country with expired residence visa to come forward and avail the amnesty announced by the Ministry of Interior (MOI) on January 10 for all residence violators. The amnesty …

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Panel to speed deportation of 1,100 ‘illegal’ expatriates

KUWAIT CITY, Jan 16: Ministry of Interior has formed a committee to speed up the deportation of more than 1,100 expatriates who were arrested in the recent campaigns for violating the residency law, reports Al-Rai daily quoting informed sources. They revealed some obstacles that hinder immediate deportation such as expiry …

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Areas for barbecue specified

KUWAIT CITY, Jan 16: Acting Kuwait Municipality Director General Ahmad Al-Manfoohi has unveiled the Municipality’s plan to specify areas along the coastline and public gardens, which are environmentally and systematically ready for barbecue activities, reports Al-Rai daily. Al-Manfoohi disclosed the Municipality has formed a joint committee consisting of members from …

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MoE studies proposal to up number of ‘religious institutes’ for students

KUWAIT CITY, Jan 16: The Ministry of Education is currently studying the proposal of Askar Al-Enezi to increase the number of religious institutes for students in all academic stages, reports Al-Anba daily quoting sources. Sources disclosed the project includes the construction of new religious institutes in the six governorates and …

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KDIPA looking forward to extensive investment forum

KUWAIT CITY, Jan 16, (Agencies): The Kuwait Direct Investment Promotion Authority (KDIPA) is hard at work to complete the organizational requirements and measures for its first investment promotion forum, KDIPA said in a statement on Saturday. KDIPA is keen that the pivots of the Kuwait Investment Forum, slated for March …

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Exit permit for expats going on leave mulled – Sponsor’s sign, company seal must

KUWAIT CITY, Jan 15: Ministry of Interior is studying the possibility of allowing expatriates to leave the country only after obtaining the approval of their sponsors, security sources say. They explained that this move is aimed to deal with the phenomenon of sponsors — both companies and individuals — holding …

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54.3 pct of Kuwaitis ‘eligible’ to work are not part of labor market

KUWAIT CITY, Jan 15: More than 50 percent of the Kuwaitis who are eligible to work are unemployed. The rate is almost the same for those who prefer to work in the public sector rather than the private sector, reports Al-Rai daily. A survey on the labor market prepared by …

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Amendments set to regulation of commercial agency

KUWAIT CITY, Jan 15: MP Ouda Al- Ruwaie presented a number of amendments to the law on regulation of commercial agencies demanding the agent of a commercial agency to request his or her registration in the commercial agencies’ register on the prescribed form within three months from the date of …

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