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Tag Archives: Gold

2 arrested for smuggling gold bars from Kuwait to Mumbai worth 25,000 KD

KUWAIT CITY, Nov 29: Air Intelligence unit of customs department of India arrested two persons who arrived from Kuwait to Mumbai on Jazeera flight carrying …

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Gold firm asked to pay over KD 1m customs fee

KUWAIT CITY, Nov 19The Civil Commercial Circuit of the Court of First Instance obligated a gold company to pay KD 1,655,000 to General Customs Department …

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Gold down for 5th consecutive month

Prices slip below $1,200 per ounce KUWAIT CITY, Sept 9, (KUNA): Global gold prices continued dropping for the fifth consecutive month below $1,200 per ounce, …

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‘Gold’ is no longer haven for investors – Plagued by suspicions

KUWAIT CITY, July 21: It is no longer realistic that gold is regarded the safe haven of investors, considering Kuwait recently witnessed an illegal profit …

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Violations detected in gold market

KUWAIT CITY, July 3: Supervisor of Precious Metal Department in the Ministry of Commerce and Industry Saad Al-Saeed disclosed that 33 violations were issued against …

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Indian goldsmith detained for stealing gold and bribing MOCI staff

KUWAIT CITY, May 31: The Capital prosecutor ordered the detention of an Indian goldsmith who was accused of stealing gold and bribing two employees of …

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Israeli firm says it can turn garbage into plastic gold

KIBBUTZ ZEELIM, ISRAEL (AP) — Hawks, vultures and storks circle overhead as Christopher Sveen points at the heap of refuse rotting in the desert heat, …

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Gold stamping lower in Nov 2017 compared to 2016

46 pct increase in gem stones examination KUWAIT CITY, Jan 3: The Precious Minerals Department in the Ministry of Commerce and Industry stamped more than …

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Some gold shops in Dubai absorb 5 pct VAT

Some gold shops in Dubai absorb 5 pct VATv DUBAI, Jan 4: Effective January 1 this year, buyers of gold and diamond jewellery in the …

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Fake gold seized in various locations of Al- Mubarakeya and Al-Rai areas

KUWAIT CITY, Nov 22: Ministry of Commerce and Industry confiscated six kilograms of faked golden crafts at the value of KD 80,000 (around $261,000) in …

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