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The Latest Breaking News from Kuwait

GCC Equity Market Index Dropped 6.4% in 2022

The Gulf Cooperation Council (GCC) equity market index closed 2022 with a decline of 6.4 percent after demonstrating one of the most significant gains globally last year, according to a recent report. Markets in the region remained volatile during the year, and gains made during the first four months were…

Asharq Al-Awsat

Rare Hail Brings Winter White to Desert Hotspot Kuwait

Kuwait, one of the hottest countries on Earth, has been hit by a rare hail storm that delighted children and their parents, with images of the winter white shared widely on social media Wednesday. "We have not seen so much hail during the winter season in 15 years," Muhammad Karam,…

Asharq Al-Awsat

GCC Real Estate Sale Transactions Reaches $143.1 Bn

Real estate sale transactions in the GCC over Jan-Oct 2022 reached $143.1 billion, eclipsing the full-year figure of 2021, which was $136.9 billion. According to Kuwait-based KAMCO Investment Company, the total value of the region was nearly 21 percent higher year-on-year compared to the corresponding period from January to October…

Asharq Al-Awsat

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Kuwait Solves Housing Crisis by Establishing Real Estate Development Companies

Kuwait’s National Assembly on Wednesday approved the proposal to amend the Public Authority for Housing Welfare Law in its first reading with 48 votes in favor and one against. The bill mandates the authority to establish shareholding companies that will implement housing projects in partnership with private and huge international…

Asharq Al-Awsat

Egypt Looks Forward to Arab Industrial Integration

Egypt’s Minister of Trade and Industry Ahmed Samir inaugurated on Tuesday the 13th Kuwait Week Exhibition in Cairo. More than 60 major Egyptian and Kuwaiti companies have taken part in the two-day event, which is held under the theme “Kuwait in Egypt” and organized by the Kuwaiti embassy in Cairo…

Asharq Al-Awsat

Middle East, Europe Leaders Meet in Jordan on Security in Iraq

Leaders from the Middle East and Europe gathered in Jordan Tuesday in a conference focused on bolstering security and stability in Iraq. The meeting included high-level officials from Saudi Arabia, along with leaders from France, Iraq, Türkiye, Egypt, Kuwait, Bahrain, Oman, Iran and the European Union.

Asharq Al-Awsat

Man who murdered woman in front of her daughter sentenced to death by hanging

The woman who died is 32-year-old Farah Hamza and she was killed in Sabah Al-Salem in Kuwait in April 2021 by an unnamed man who was a member of the Kuwaiti military

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Iraq Receives $8 Mn from UN Compensation Commission After Full Payment to Kuwait

The Central Bank of Iraq (CBI) received the remaining sum from the UN Compensation Fund after paying all compensations to Kuwait relating to the invasion of Kuwait during the rule of late President Saddam Hussein in 1990. In a statement, CBI said it received $7.9 million, the remaining money in…

Asharq Al-Awsat

Kuwait Crown Prince Receives Saudi Minister of Energy

Kuwaiti Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah received in Kuwait on Monday Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz, reported the Saudi Press Agency. Meeting at the Bayan Palace, Prince Abdulaziz conveyed the greetings of Custodian of the Two Holy Mosques King Salman bin Abdulaziz, and Prince…

Asharq Al-Awsat

Saudi Arabia, Kuwait sign MoU to Develop Durra Gas Field

Saudi Aramco’s wholly-owned subsidiary Aramco Gulf Operations Company signed on Saturday a memorandum of understanding (MoU) with state-owned Kuwait Gulf Oil Company (KGOC) to develop the joint Durra gas field. Kuwait’s Deputy Prime Minister and Minister of Oil Badr al-Mulla and Saudi Minister of Energy Prince Abdulaziz bin Salman attended…

Asharq Al-Awsat

Kuwait Retains GCC Secretary-General Post After Al-Hajraf Term Expires

The Supreme Council of the Gulf Cooperation Council (GCC) approved on Friday the desire of Kuwait to retain the post of GCC Secretary General for a second term starting from the end of the current term of the Secretary General Dr.

Asharq Al-Awsat

King Salman Receives Message from Kuwaiti Crown Prince

Custodian of the Two Holy Mosques King Salman bin Abdulaziz received on Monday a written message from Crown Prince of Kuwait Sheikh Mishaal Al-Ahmad Al-Jaber Al-Sabah, reported the Saudi Press Agency. The message tackled the close bilateral relations between their countries and peoples and ways to bolster them in all…

Asharq Al-Awsat

Riyadh Allows Fingerprint E-Registration to Issue Umrah Visa for 5 Countries

The Saudi Ministry of Hajj and Umrah said fingerprint registration will be mandatory to issue a visa for pilgrims coming to Makkah from the United Kingdom, Tunisia, Kuwait, Bangladesh and Malaysia. The decision aims to ease the entry procedures through the Kingdom’s ports and improve the digital experience for pilgrims.…

Asharq Al-Awsat

Motorsport.tv guide: What's on 2-4 December weekend?

After a break of a few weeks, the Porsche Cup Brasil returns with a race at Interlagos! The Virtual Le Mans Series, organised by Motorsport Network, will take place at Sebring, while the next stop for the 24H Series will be the 12 Hours of Kuwait. And there is only…

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Asharq Al-Awsat

Kuwait Marathon Returns Despite Pressure

Kuwaiti MP Alia Al-Khaled announced on Wednesday that the Marathon organized by the National Bank of Kuwait would be launched on Saturday, Dec.

Asharq Al-Awsat

King Salman Sends Message on Bilateral Ties to Emir of Kuwait

Custodian of the Two Holy Mosques King Salman bin Abdulaziz dispatched on Tuesday a written message to Emir of Kuwait Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, reported the Saudi Press Agency. The message tackled the strong fraternal historic relations that bind their countries and peoples and ways to develop and expand…

Asharq Al-Awsat

GCC’s Banks Gross Loans Reach $1.93 Trillion

The aggregate gross loans in the Gulf region reached a new record of $1.93 trillion, and the banking sector in the Gulf countries is witnessing the initial interest rate hike applied by the central banks in the Gulf Cooperation Council (GCC) countries consistent with the US Federal Reserve interest rate…

360info

Red tape is strangling Kuwait’s infant FOI law

While the intention is good, the Kuwaiti government can do away with the many hurdles in accessing public information.

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Asharq Al-Awsat

Kuwait is Top Investor in Jordan with $18 Billion

Kuwait's ambassador to Jordan Aziz Al-Daihani revealed on Saturday that Kuwait is the first investor in Jordan with investments worth 5.5 billion Kuwaiti dinars ($18 billion). During a meeting organized by the Jordanian Businessmen Association under the title (the development of Jordanian-Kuwaiti economic relations), Al-Daihani said he hoped economic cooperation…

Asharq Al-Awsat

In Kuwait, Sudani Affirms Iraq’s Keenness to Build Balanced Relations with Neighbors

Kuwaiti Prime Minister Sheikh Ahmad Nawaf Al-Ahmad Al Sabah held on Wednesday official talks with his Iraqi counterpart, Muhammad Shia Al-Sudani, who is on his first visit to Kuwait since taking office. The Kuwait News Agency (KUNA) said that the discussions were friendl” and touched on bilateral relations and means…

Asharq Al-Awsat

Kuwaiti Government Issues Special Pardons

The Kuwaiti government issued a decree on Monday granting special amnesty for a number of convicted citizens. The move comes in response to the requests of parliamentary forces, and ahead of the government’s expected program. The head of the Government Communication Center, and government spokesman Tariq Al-Muzram said in a…

Asharq Al-Awsat

Kuwait Rejects European Criticism: Don’t Interfere in Our Internal Affairs

Kuwait criticized what it labeled as interference in its internal affairs, and the Kuwaiti foreign minister called on EU countries to respect his country's laws and sovereignty, rejecting European disapproval regarding the recent implementation of the death penalty against seven convicts. Sheikh Salem Abdullah Al-Jaber Al-Sabah expressed wishes that European…

Bangkok Post

Kuwait executes seven people, first since 2017

Kuwait put seven people to death for murder on Wednesday, the public prosecutions service said, as the first executions since 2017 went ahead despite appeals from a prominent rights group.

Asharq Al-Awsat

Kuwait Launches Commercial Operations at Al-Zour Refinery

The Kuwait Integrated Petroleum Industries Co (KIPIC) launched the first phase of al-Zour refinery commercial operations on Sunday after the project started last month to produce and sell primary quantities of fuel oil and supply it to local power stations. In a statement to (KUNA), Acting CEO of (KIPIC) Waleed…

Asharq Al-Awsat

Kuwait Court of Appeals Sentences Mazen al-Jarrah to 5 Years in Prison

The Kuwaiti Court of Appeal sentenced Major General Mazen al-Jarrah and Nawaf al-Shalahi to five years in prison and fined them KD1.360 million for money laundering and bribery in what was known as the case of the Bangladeshi MP. It is the second part of the Bangladeshi MP, which dates…

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