Monday 23 January 2017
 
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Kuwait

Kuwait's expat tax move 'to hit property sector badly'

Kuwait's real estate sector, especially the investment and commercial segments, will be severely affected if the government goes ahead with its decision to impose taxes and increase fees on expatriates, said a report. The nega

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Low oil slows Kuwait’s non-oil expansion: IMF

Economic activity in Kuwait’s non-oil sector continued to expand in 2016, albeit at a slower pace, reflecting the impact of lower oil prices, said an IMF report. Non-hydrocarbon growth slowed from 5 per cent to an estimated

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Low oil slows Kuwait’s non-oil expansion: IMF

Economic activity in Kuwait’s non-oil sector continued to expand in 2016, albeit at a slower pace, reflecting the impact of lower oil prices, said an IMF report. Non-hydrocarbon growth slowed from 5 per cent to an estimated

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Jumeirah Messilah Beach Hotel hosts Chaîne des Rôtisseurs dinner

Jumeirah Messilah Beach Hotel & Spa in Kuwait hosted a number of dignitaries at the Chaîne des Rôtisseurs dinner including the Ambassadors of Australia, Brazil, Germany, Italy, Mexico, Romania, and South Korea. Gue

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Gulf Bank announces 15 projects for Fikra Program

Kuwait’s Gulf Bank has selected 15 projects to enroll in the second edition of Fikra Program and debut the training phase. Gulf Bank is the gold sponsor of Fikra Program which transforms ideas into businesses, said a statement.

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Kuwait to spend $15.6bn on infrastructure in 2017-18

Kuwait is set to spend about KD4.74 billion ($15.6 billion) on infrastructure and other projects in fiscal year 2017-2018 with the private sector contributing 16.9 per cent of the spend, said a report in a local daily. The project

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German flight from Oman makes emergency landing in Kuwait

A Eurowings flight bound to Germany from Oman made an emergency landing in Kuwait on Sunday over a bomb threat, said a report. The carrier was flying 299 passengers from Salalah to Cologne, when the plane captain's request for

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MCT, Acico set up big concrete plant in Kuwait

Italy’s Marcantonini Concrete Technology (MCT), a major supplier of customised precast mixing plant in the Middle East region, said it has helped Kuwait-based Acico Construction to set up one of the largest precast concrete plants in the c

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MCT, Acico set up big concrete plant in Kuwait

Italy’s Marcantonini Concrete Technology (MCT), a major supplier of customised precast mixing plant in the Middle East region, said it has helped Kuwait-based Acico Construction to set up one of the largest precast concrete plants in the c

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Rehlat selects Sabre to power its platform

Fast-growing online travel agency Rehlat has selected leading global technology provider Sabre Corporation to power its online platform, rehlat.com. Rehlat opted for Sabre’s industry-leading technology and travel management

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