Kuwait economy
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
Kuwait Central Bank Denies Plan To Devalue, Stands By Peg
Middle East Business News - Published date: .
Speculation started swirling after the passing last week of Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, who has been succee... Read more
Kuwait Finance Ministry To Mull Halving $66bn Debt Ceiling
Middle East Business News - Published date: .
Finance and economic committee has also suggested reducing the period for borrowing 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 Kamco, Global To Merge Into $13bn Investment Giant
Middle East Business News - Published date: .
Kuwaiti investment companies sign agreement to cement merger talks and start regulatory process Read more
Kuwait Said To Be Planning $10bn Fund With China
Middle East Business News - Published date: .
Sources say Gulf state is discussing the creation of a Kuwait-China Silk Road Fund that would invest in projects related... Read more
Saudi Bonds To Join JPMorgan Index In $119bn Gulf Addition
Middle East Business News - Published date: .
Saudi Arabia and four other Gulf nations will join JPMorgan Chase & Co's emerging-market bond indexes this month Read more