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The Central Bank of Kuwait announced Friday that Fitch Ratings- one of the big three credit rating agencies- affirmed ...
Arabian Gulf Business Insight on MSN18h

Kuwait likely to delay GCC excise tax rollout

Kuwait is expected to delay implementing the GCC’s excise tax until the fiscal year ending March 2027, ratings agency Fitch said in a report. The excise tax is estimated to contribute 0.5 percent ...
Kuwait’s central bank cut interest rates on some monetary policy instruments in an effort to ease pressure on the currency while helping the economy cope with the impact of the Covid-19 pandemic.
KUWAIT (Reuters) -Kuwait has launched a crackdown on cryptocurrency miners it accuses of being a "major" cause of a power crisis that has led to blackouts, as authorities seek to ease pressure on ...
Since Kuwait's emir suspended parliament last year, breaking the political deadlock, the country can point to notable steps ...
This strategic expansion strengthens the company’s footprint and enhances accessibility for customers seeking secure foreign exchange and international money transfer services in two of Kuwait’s busie ...
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Lawmakers, however, demanded that another vote take place ahead of the single currency launch. Kuwait is the latest member of the four-country bloc with in the Gulf Cooperation Council to clear ...
Gulf Arab countries will discuss pegging their planned single currency to a basket instead of the U.S. dollar, a Kuwaiti government official said on Tuesday, putting the greenback's regional ...
KUWAIT (Reuters) -Kuwait has launched a crackdown on cryptocurrency miners it accuses of being a "major" cause of a power crisis that has led to blackouts, as authorities seek to ease pressure on the ...