Thursday , April 26 2018

Kuwait

‘Kuwait lacks VAT setting’ – Local conditions not business-friendly: Al-Badr

KUWAIT CITY, March 13: Implementation of the tax system requires a rich business environment that provides sufficient tax revenues, but this environment does not exist in the country, reports Annahar daily quoting Supreme Council for Planning Member and former Board Chairman of Gulf Bank Ali Rashid Al-Badr. Speaking to the …

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Kuwait, Turkmenistan eye bilateral visa exemption accord for diplomats

Both sides sign number of agreements KUWAIT CITY, March 13, (KUNA): Kuwait and Turkmenistan on Tuesday sealed the deal on a number of agreements in a lavish ceremony with both nations’ respective leaders in attendance. Presiding over the proceedings, His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, with His …

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MP Omar Al-Tabtabaei warns against Embassy passport retention

KUWAIT CITY, March 12: MP Omar Al-Tabtabaei said the government should resign if it cannot manage Al-Durra Company for the Recruitment and Employment of Domestic Workers. He called on the Ministry of Interior to carry out its responsibilities such as monitoring domestic labor offices and withdrawing the licenses of some …

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‘Minimum monthly salary of KD 120 agreed for Filipino domestic workers’

MANILA, March 12, (Agencies): The Philippines Department of Foreign Affairs (DFA) Secretary Alan Peter S. Cayetano has praised the progress made by the governments of the Philippines and Kuwait during bilateral talks to protect the Filipino workers in Kuwait, says businessmirror.com.ph However, he expressed hopes what he called ‘practical measures’ …

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New ministry guidelines issued on increasing/decreasing cos capital

No request for increase in last quarter of fiscal yr KUWAIT CITY, March 12: Ministry of Commerce and Industry has issued new conditions and procedures for increasing or reducing the capital of shareholding companies, reports Al-Rai daily. According to decision No. 100/2018 issued by Minister of Commerce and Industry Khalid …

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DHAMAN begins construction of 2nd hospital in Jahra governorate – Groundbreaking ceremonies held

KUWAIT CITY, March 12: Health Assurance Hospitals Company (DHAMAN) celebrated the start of construction on the company’s second hospital located in Jahra Governorate, during a groundbreaking ceremony held under the patronage of HE the Minister of Health Dr Basil Homoud Al-Sabah. In 2017 DHAMAN broke ground on its first hospital …

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Al-Hashel outlines road to prosperity

‘CHANGE, CHALLENGES PART OF CONTEMPORARY REALITY’ KUWAIT CITY, March 12, (KUNA): Governor of the Central Bank of Kuwait (CBK) Dr Muhammad Al-Hashel affirmed Monday necessity of Gulf countries’ careful response to different challenges facing the region to ensure sustainable economic prosperity. Dr Al-Hashel said in a speech delivered at the …

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Amir condoles Bangla crash

KUWAIT CITY, March 12, (Agencies): His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah sent a cable Monday to Bangladesh’s President Mohammad Abdul Hamid, expressing his deepest sympathies over the victims of a Bangladeshi plane crash in Nepal. In his cable to Abdul Hamid, His Highness the Amir wished all …

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Bill to toughen penalties for national manpower ‘cheats’

Draft law to replace Article 14 of Law No. 19/2000 KUWAIT CITY, March 11: Secretary-General of Manpower and Government Restructuring Program (MGRP) Fawzi Al-Majdali disclosed that MGRP will present a draft law to toughen penalties for Kuwaiti citizens who receive national labor subsidy based on false claims of being employees …

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Bill ends social security cuts from end-of-service in oil

Probe urged into Port Board resignations KUWAIT CITY, March 11: The parliamentary Health, Social and Labor Affairs Committee on Sunday met representatives of the oil sector, Public Institution for Social Security (PIFSS), Ministry of Social Affairs and Labor, Kuwait Workers General Union, Kuwait Chamber of Commerce and Industry (KCCI), and …

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