Kuwait – Gulf Business https://gulfbusiness.com Mon, 24 Jul 2023 10:33:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.5 https://gulfbusiness.com/wp-content/uploads/2020/07/cropped-gb-new-fevicon-2020-1-32x32.png Kuwait – Gulf Business https://gulfbusiness.com 32 32 Kuwait bans cryptocurrency, crypto mining and transacting in virtual assets https://gulfbusiness.com/kuwait-bans-cryptocurrency/ https://gulfbusiness.com/kuwait-bans-cryptocurrency/#respond Fri, 21 Jul 2023 02:15:16 +0000 https://gulfbusiness.com/?p=262022 The country’s Capital Markets Authority placed a prohibition on the use of digital currencies in making payments

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]]> https://gulfbusiness.com/kuwait-bans-cryptocurrency/feed/ 0 Kuwait plans new sovereign investment fund to boost growth https://gulfbusiness.com/kuwait-considers-new-wealth-fund-to-drive-growth/ https://gulfbusiness.com/kuwait-considers-new-wealth-fund-to-drive-growth/#respond Mon, 17 Jul 2023 11:00:17 +0000 https://gulfbusiness.com/?p=261624 The new vehicle is in addition to the country’s $700bn sovereign wealth fund, a savings pot for life after oil

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]]> https://gulfbusiness.com/kuwait-considers-new-wealth-fund-to-drive-growth/feed/ 0 Kuwait announces holiday dates for Islamic New Year https://gulfbusiness.com/kuwait-announces-holiday-dates-islamic-new-year/ https://gulfbusiness.com/kuwait-announces-holiday-dates-islamic-new-year/#respond Tue, 11 Jul 2023 07:41:25 +0000 https://gulfbusiness.com/?p=260972 The government of Kuwait has declared a two-day holiday to mark the Hijri New Year

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]]> https://gulfbusiness.com/kuwait-announces-holiday-dates-islamic-new-year/feed/ 0 Kuwait appoints new oil, defence ministers in latest cabinet https://gulfbusiness.com/kuwait-appoints-new-oil-defence-ministers/ https://gulfbusiness.com/kuwait-appoints-new-oil-defence-ministers/#respond Mon, 19 Jun 2023 05:33:33 +0000 https://gulfbusiness.com/?p=258696 The country formed its fifth government in less than a year

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]]> https://gulfbusiness.com/kuwait-appoints-new-oil-defence-ministers/feed/ 0 Marriott Executive Apartments debuts in Kuwait https://gulfbusiness.com/marriott-executive-apartments-debuts-in-kuwait/ https://gulfbusiness.com/marriott-executive-apartments-debuts-in-kuwait/#respond Tue, 06 Jun 2023 07:30:13 +0000 https://gulfbusiness.com/?p=257081 It features 164 units ranging from studios to three-bedroom serviced apartments

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]]> https://gulfbusiness.com/marriott-executive-apartments-debuts-in-kuwait/feed/ 0 Saudia and Kuwait Airways sign codeshare agreement https://gulfbusiness.com/saudia-and-kuwait-airways-sign-agreement/ https://gulfbusiness.com/saudia-and-kuwait-airways-sign-agreement/#respond Tue, 16 May 2023 05:54:34 +0000 https://gulfbusiness.com/?p=254305 Guests may expect to gain all the benefits of codeshare flights including connectivity, baggage transfer and the convenience of having their entire journey managed by one airline

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]]> https://gulfbusiness.com/saudia-and-kuwait-airways-sign-agreement/feed/ 0 Kuwait’s Agility reports 20% rise in net profit to KD15.3m for Q1 2023 https://gulfbusiness.com/agility-sees-20-rise-in-net-profit-to-kd15-3m/ https://gulfbusiness.com/agility-sees-20-rise-in-net-profit-to-kd15-3m/#respond Mon, 15 May 2023 11:01:26 +0000 https://gulfbusiness.com/?p=254215 The company's EBITDA increased 30 per cent to KD44m, and revenue grew 17 per cent

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]]> https://gulfbusiness.com/agility-sees-20-rise-in-net-profit-to-kd15-3m/feed/ 0 Zain Group creates global wholesale services JV with Omantel https://gulfbusiness.com/zain-omantel-set-up-global-wholesale-services-jv/ https://gulfbusiness.com/zain-omantel-set-up-global-wholesale-services-jv/#respond Mon, 15 May 2023 03:30:07 +0000 https://gulfbusiness.com/?p=254125 The venture will manage all international wholesale requirements of Zain and Omantel operations in eight countries

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]]> https://gulfbusiness.com/zain-omantel-set-up-global-wholesale-services-jv/feed/ 0 Apparel Group expands presence in Kuwait with 12 new store openings https://gulfbusiness.com/apparel-group-expands-presence-in-kuwait/ https://gulfbusiness.com/apparel-group-expands-presence-in-kuwait/#respond Tue, 02 May 2023 07:27:08 +0000 https://gulfbusiness.com/?p=252743 The line-up of stores feature brands such as Birkenstock, Beverly Hills Polo Club, Dune London, Levi’s, The Children's Place, Steve Madden, among others

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]]> https://gulfbusiness.com/apparel-group-expands-presence-in-kuwait/feed/ 0 Eid Al Fitr 2023: Kuwait announces holidays for public sector employees https://gulfbusiness.com/kuwait-announces-eid-holidays-for-public-sector/ https://gulfbusiness.com/kuwait-announces-eid-holidays-for-public-sector/#respond Tue, 11 Apr 2023 03:38:58 +0000 https://gulfbusiness.com/?p=250416 The Eid Al Fitr holiday at all ministries, and governmental bodies and institutions will begin from April 21 to 25

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