kuwait


Kuwait Begins 2025 With A 15% Tax On MNCs In Economic Diversification Bid

Middle East Business News - Published date: .

The new tax is part of the country’s broader effort to promote economic development and ensure financial sustainabili... Read more

Kuwaits New 15% Tax On MNEs To Strengthen National Economy, Minister Says

Middle East Business News - Published date: .

Kuwait's economy is approaching a new phase of diversification and competitiveness, Fassam said Read more

Kuwait Announces New Tax

Middle East Business News - Published date: .

Kuwait will introduce a new 15% tax on multinational entities from January 1 Read more

New Tax In The UAE; Lottery Warning; Crypto Trading In Dubai; Kuwait Halts E-visas; Saudi To Host 2034 World Cup – 10 Things You Missed This Week

Middle East Business News - Published date: .

UAE tax, UAE Lottery, crypto in Dubai, Kuwait visas, Saudi World Cup and more top news stories this week Read more

Kuwait Sets 2025 Start For 15% Corporate Tax In Major Fiscal Overhaul

Middle East Business News - Published date: .

The reform comes as Kuwait seeks to diversify its revenue streams beyond oil income, following similar moves by other G... Read more

HSBC Launches Global Private Banking In Kuwait

Middle East Business News - Published date: .

The launch marks expansion of the bank’s wealth management services in the Middle East Read more

Rolls-Royce Mulls Financing Plan After Ruling Out Kuwait Investment

Middle East Business News - Published date: .

Shareholders of the UK engine-maker opposed a plan to raise funds from Singapore's GIC and Kuwait Investment Office Read more

GCC Investor Sentiment Rebounds After Q2 Coronavirus Hit

Middle East Business News - Published date: .

Iridium Advisors' research shows how Saudi Arabia took a 34 point battering to investor sentiment in the second quarter ... Read more

Kuwait Pension Fund Plans To Triple Infrastructure Investments

Middle East Business News - Published date: .

Kuwait pension fund will also 'slightly increase' investments in hedge funds and real estate Read more

Kuwait's $112bn Pension Fund Has Cash To Burn After Revamp

Middle East Business News - Published date: .

The Public Institution for Social Security had a record investment profit of $7.3 billion in the three months through Ju... Read more

Kuwait Fund Sues London Boss Who 'blew' Budget On Bonuses

Middle East Business News - Published date: .

Kuwait Investment Authority has filed a claim for $1.3m in damages related to salaries and bonuses Read more

Kuwait's Budget Crunch May Push It To Tap Fund For Life After Oil

Middle East Business News - Published date: .

Lawmakers are rejecting attempts to cut citizens' salaries and subsidies though, which account for more than 70% of spen... Read more

Kuwait's Stimulus Package Offers $16.5bn In Additional Lending, KBA Chairman

Middle East Business News - Published date: .

Adel Al-Majed has said the global crisis posed by coronavirus is worse than the financial meltdown of 2008 Read more

Gulf Countries Cut Interest Rates, Following US Fed Move

Middle East Business News - Published date: .

Kuwait lowers borrowing costs for the first time since 2012 in response to US Federal Reserve's decision Read more

Is Kuwait Set To Fall In Line On Fed Interest Rates?

Middle East Business News - Published date: .

As the Fed is widely expected to deliver another cut, Kuwait is likely to pull the trigger too, even as inflation accele... Read more

Abu Dhabi Commercial Bank To Focus On Home Markets

Middle East Business News - Published date: .

Abu Dhabi Commercial Bank combined with local rivals Union National Bank and Al Hilal Bank in May to create the Gulf reg... Read more

Top Level DIFC Delegation Completes Mission To Indian State

Middle East Business News - Published date: .

Dubai International Financial Centre chases more Indian FinTech businesses during trip to Maharashtra Read more

Dubai's Liv Says Customers Rush To Open Accounts To Win Private Island

Middle East Business News - Published date: .

Digital-only lifestyle bank by Emirates NBD reveals it has seen 44,000 new accounts opened since launch of competition t... Read more

UAE's Mubadala Says $19bn Spent On Expansion Plans In 2018

Middle East Business News - Published date: .

Abu Dhabi wealth fund says it invested in new areas such as medtech, pharma and agribusiness last year Read more

India's Largest Commercial Bank Cuts Interest Rates

Middle East Business News - Published date: .

State Bank of India's move may affect millions of Gulf-based non-resident Indians Read more