Friday , October 19 2018

Kuwait

Some local banks face difficulty in enforcing int’l criteria ‘IFRS 9’

‘Abiding by directives exposes banks to violating Sharia’ KUWAIT CITY, June 5: Some local banks are facing difficulty in enforcing the international criteria for financial reports “IFRS 9’ based on the suggested monitoring remedy for the first quarter, reports Al-Rai daily quoting informed sources. They stressed that the commitment of …

Read More »

5G to hit market soon

KUWAIT CITY, June 5: Smart phone users and the local telecommunications industry would soon reap the benefits of the fifth generation of mobile data wireless technology (5G), said a Kuwaiti official on Tuesday. The 5G Wireless Systems, with the ability to transmit 10 or more gigabytes per second in its initial …

Read More »

Ministry bans 15 real estate companies from exhibitions

KUWAIT CITY, June 5: The Ministry of Commerce and Industry has issued a decree banning for an indefinite period 15 real estate companies from participating in real estate exhibitions inside Kuwait. The ministry has also referred the files of these companies to the Money Laundering and Commercial Control department. The …

Read More »

205,176 people visit emergency unit of Jahra Hospital: Al-Mutairi

Hospital not affected by health fees hike KUWAIT CITY, June 5: Jahra Hospital Director Dr Ali Al-Mutairi said 205,176 people visited the Emergency Unit of the hospital in the first quarter of the year; while the number of outpatient clinic visitors in the morning shift reached 50,032 and 21,651 in …

Read More »

Future Fund up, Finance tells panel

MP VOWS COMEBACK ON EARLY RETIREMENT BILL FOR JOBS KUWAIT CITY, June 4: Finance Minister Nayef Al-Hajraf has said that the performance of Kuwait’s Future Generations Fund (FGF) is “very good and there is no decline in its assets.” On the contrary, the value of the FGF assets is continuously …

Read More »

Kuwait commends Duterte’s apology; Embassy announces resumption for domestics

Foreign agencies to deposit $50,000 in escrow KUWAIT CITY, June 4: The Philippine Charge d’Affaires to Kuwait Noordin Pendosina Lomondot announced on Monday the resumption of the deployment of Filipino domestic workers to Kuwait, after the Philippine Embassy received guidelines from the Philippine Overseas Employment Administration (POEA). Lomondot who made …

Read More »

Cabinet deplores ‘attacks’ in Saudi Arabia, Iraq & Belgium

Ministers briefed on annual follow-up report on 2017/18 dev plan KUWAIT CITY, June 4, (KUNA): Kuwait’s Cabinet on Monday condemned a recent “terrorist attack” that took place in Taif City in west of Saudi Arabia and left a policeman killed and another wounded. The Cabinet, during its routine weekly meeting, …

Read More »

‘Remittances of expats in Kuwait drop by 13 pc’

UN Special Rapporteur sends to MoI questionnaire on trafficking in humans KUWAIT CITY, June 4: The UN Special Rapporteur on contemporary forms of slavery, including its causes and consequences, has sent a questionnaire to the Interior Ministry on trafficking in humans, reports Al-Anba daily. The responses to the questionnaire shall …

Read More »

Employment for the sake of politicians not the right way

‘Replacement’ should take criterion of performance KUWAIT CITY, June 4: Politicians have stressed on the importance of taking into account the issue of employment replacement so as not to reflect on the achievements of state institutions, reports Annahar daily. They said employment just for the sake of interest of some …

Read More »

Major private school reforms sought – Bill to target penalties, tuition, student affairs

ANNULMENT SOUGHT OF CBK, PACI EXEMPTIONS TO CSC HIRING KUWAIT CITY, June 3: Minister of Finance Dr Nayef Al-Hajraf has affirmed that the Financial Sustainability Project is aimed at reducing the State’s budget deficit to KD 3 billion. The minister made the statement after his meeting with the parliamentary Financial …

Read More »
Translate »
Social media & sharing icons powered by UltimatelySocial