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Wednesday , November 21 2018

Tag Archives: private sector

Our private sector, you have made us proud

SAUDI ARABIA’s Asharq Al-Awsat newspaper published on the Business World page of its Sept 30 edition a news item that delighted me and restored my selfconfidence as a Kuwaiti who belongs to this land and has not known another homeland from my birth to my elderliness. The good news says, …

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Encourage Kuwaitis to work in private sector

Proposal to add an article to law on national manpower ‘financial’ support KUWAIT CITY, Sept 11: MP Khaled Al-Otaibi has proposed adding an article to the law on national manpower financial support and encouraging citizens to work in the non-governmental sector, reports Al-Rai daily. The objective of the proposal is …

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Private sector’s CSR contribute to Kuwait’s overall development

‘Social responsibility should be based on total transparency’ KUWAIT CITY, July 22, (KUNA): Social responsibility projects (CSR) carried out by the private sector are contributing to the overall development of Kuwait and its governance system. By allocating a percentage of its profits to aid social campaigns, the private sector is …

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‘Private, public sector tie-up for energy projects essential for dev’

Kuwait needs to adopt concept of green buildings: study KUWAIT CITY, July 10, (KUNA): A specialized economic study has stressed the importance of encouraging the partnership between the Kuwaiti public and private sectors in the field of energy projects as a necessity to promote the growth of the local economy. …

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Bid to inspect private firms in Ramadan

KUWAIT CITY, May 19: The Public Authority for Manpower (PAM) has adopted a mechanism for the inspection of private companies in the morning and evening during Ramadan, reports Al-Anba daily quoting sources. Sources confirmed finalization of the timetable for the inspectors to carry out their tasks in two shifts – …

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MGRP to continue offering financial support to citizens in private sector

PAM, MGRP to merge by May next year: Al-Majdali KUWAIT CITY, Dec 13: Secretary- General of Manpower and Government Restructuring Program (MGRP) Fawzi Al-Majdali stressed the importance to continue the financial support offered to Kuwaiti employees of the private sector, indicating that there is no intention to suspend or cancel …

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Financial support for citizens in private sector suspended – Several lawyers vow to sue Mosal

KUWAIT CITY, May 28: In an unprecedented move by the government, the stategranted “financial support” for Kuwaiti employees of the private sector has been suspended for majority of them because they failed to update their data or present their work permits, reports Al-Qabas daily. Since suspension of salaries, which is …

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MPs hail approval of Company Law amendment

KUWAIT CITY, April 15: Several MPs hailed the Parliament’s approval of the proposed amendment of Companies Law No. 1/2016, affirming the revised law will ease procedures for establishing companies and attract investments from young entrepreneurs. The amended law no longer requires investors to deposit capital before establishing a company while …

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‘Need for private sector to participate in development’

KUWAIT CITY, Oct 25, (KUNA): The General Secretariat of the Supreme Council for Planning and Development (SCPD) affirmed the necessity of backing the private sector to take part in the country’s development plans. Empowering the private sector is done through supporting small and medium-sized enterprises, Secretary General of SCPD Dr …

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Nod to Labor Law amendments – Compensation, assets lien to wronged employee

KUWAIT CITY, June 7: The National Assembly unanimously approved the proposal to amend some articles of Private Sector Labor Law No. 6/2010 in its first and second deliberations on Tuesday. The amendment bill stipulates replacing Articles 57, 138, 140 and 142 with the following texts: Article 57 states that an …

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