Kuwait's 84-year-old ruler Sheikh Sabah Al-Ahmad Al-Sabah has undergone a "successful minor surgery" at a hospital in the US, state news agency Kuna reported on Sunday.
Sheikh Sabah, who has ruled the US-allied Gulf
Mustapha Al-Shamali was appointed oil minister in Kuwait's new Cabinet, state news agency Kuna said on Sunday after a parliamentary election in the major crude producer last month.
The position was previously held on an acting
Kuwait's constitutional court ruled on Wednesday that a parliamentary election held in February, which gave the opposition a majority, was void and decided to restore the previous assembly, state news agency KUNA reported.
The move comes a
Kuwait's cabinet approved an amended draft law on Sunday paving the way for the privatisation of Kuwait Airways within three years, state-run news agency Kuna reported, after restructuring at the troubled carrier delayed the original plan.
A team from Burgan Bank, a leading retail banking group in Kuwait, recently visited Kuwait News Agency (Kuna) in a move to introduce its accounts as well as its services to Kuna’s employees.
The bank’s team showcased a wide range of added
Kuwait Investment Authority (KIA), the country's sovereign wealth fund, said it will launch a real estate portfolio worth KD1 billion ($3.6 billion) to invest in the local market.
'The real estate portfolio aims to achieve good ret
Abu Dhabi-based twofour54 tadreeb, a premier media skills training academy in the region, has successfully completed two training courses for Kuwait News Agency (KUNA) on reporting business news and mobile journalism.
Nine reporters comple
Kuwait's central bank has tightened control on borrowing in the country's investment sector and given companies two years to comply, state news agency Kuna said on Wednesday.
The central bank governor, Sheik Salem Abdul-Aziz al-Sab
The Kuwait government has acknowledged that abuses by some employers were responsible for a strike by Asian workers and vowed to stamp out such violations, the official news agency Kuna reported.
"The most notable violations were delayed p