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Friday , November 16 2018

Tag Archives: price rise

MP wants to know ‘why’ prices go up in Ramadan

KUWAIT CITY, April 12: MP Riyadh Al-Adsani has forwarded questions to Minister of Commerce and Industry Khaled Al-Roudhan about the high prices of commodities and commercial fraud during Ramadan. Al-Adsani pointed out that every time the holy month of Ramadan approaches, some commercial companies and markets are taking advantage of …

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‘Govt working on plan to deal with rise in commodity prices’

KUWAIT CITY, Nov 8: The Ministry of Commerce and Industry is currently working in cooperation with other government agencies to develop an integrated work plan to control and deal with the problem of rising commodity prices in the markets, reports Annahar daily quoting reliable sources. The sources pointed out the …

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Committee formed to ‘monitor’ prices at cooperative societies – ‘Power of arrest’

KUWAIT CITY, July 20, (Agencies): The Ministry of Social Affairs and Labor, on Thursday announced the formation of a joint committee with the Ministry of Commerce and Industry, with the power of arrest to monitor prices at the cooperative societies. The move comes to quash claims on rise in prices …

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Cabinet’s nod awaited to hike calls, services rates – Some co-ops flouting prices: ministry

KUWAIT CITY, July 4: The State Ministry for Services is waiting for the Cabinet and Ministry of Finance to approve the proposal to increase fees for international calls and some services offered by the ministry, reports Al-Anba daily quoting a reliable source. According to the source, the services covered by …

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Kuwait among least expensive Middle East cities for ‘expats’ – Dubai, Abu Dhabi top

DUBAI, UAE, June 21: According to Mercer’s 2017 Cost of Living Survey, Dubai and Abu Dhabi are the second and third most expensive Middle Eastern cities for expatriate cost of living. The global ranking sees Dubai climbing one place from last year to become the 20th most expensive city in …

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Residents in Kuwait spent KD 450 mln in last five days

2.63 pc in price hike compared to last year KUWAIT CITY, May 28: Citizens and residents of Kuwait spent about KD 450 million for shopping in the last five days, reports Al-Anba daily. The decision for early payment of the salaries of public employees could be the reason behind this …

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MoCI monitoring prices & fighting commercial fraud

Drive at cooperatives launched KUWAIT CITY, May 27, (Agencies): Minister of Commerce and Industry Khaled Al-Roudan Saturday stressed that the ministry is monitoring prices of all goods and combating commercial fraud against consumers. While inspecting some cooperative societies, Al-Roudan, also Acting Minister of State for Youth Affairs, said in a …

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MPs call to closely monitor shops, markets, co-ops during Ramadan

Bid to prevent commercial fraud, price manipulation KUWAIT CITY, May 22: Several lawmakers have called on the concerned authorities to closely monitor markets, shops and cooperative societies in the holy month of Ramadan in order to prevent commercial fraud and price manipulation. MP Faisal Al-Kandari stressed the need to intensify …

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No extraordinary increase seen in prices of commodities: Al-Sabeeh

MoCI refers 12 violator to Commercial Prosecution KUWAIT CITY, May 8: Minister of Social Affairs and Labor, and State Minister for Economic Affairs Hind Al-Sabeeh affirmed that there is no extraordinary increase in prices of commodities at cooperative societies in the advent of the month of Ramadan. In response to …

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MP warns on price hikes

KUWAIT CITY, March 20: Deputy Speaker of the National Assembly Essa Al- Kandari has submitted a parliamentary query to Minister of Commerce and Industry and acting Minister of State for Youth Affairs Khalid Al-Rawdan on price hikes of essential consumer goods and some services. In his query Al-Kandari said of …

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