Published: Jul 21, 2021
Thanks to the rollout of COVID-19 vaccination and the decreasing number of infections in Kuwait, people now enjoy the festive atmosphere during the Eid al-Adha, or Festival of the Sacrifice. After the Eid al-Adha prayer at a mosque on Tuesday, Ahmad Al-Salem, a 43-year-old Kuwaiti from Ahmadi Governorate, sacrificed a sheep.
Published: Feb 04, 2021
Kuwait's government has transferred the last of its performing assets to the country's sovereign wealth fund in exchange for cash to plug its budget deficit after a political dispute over borrowing left one of the world's richest nations short of cash and prompted Fitch to cut its outlook to negative.
Published: Aug 19, 2020
Kuwait has 2 billion dinars ($6.6 billion) worth of liquidity in its Treasury and not enough cash to cover state salaries beyond October, Finance Minister Barak Al-Sheetan warned parliament, as political wrangling again delayed efforts to return to international bond markets.
Published: Jan 08, 2019
The father and brother of a Saudi teenager, whose flight and plea for asylum has made international headlines, will travel to Thailand later today to give their accounts to the UN refugee agency, the Thai Immigration police chief said on Tuesday.