Kuwait News

News

External Affairs Minister Jaishankar arrives in Kuwait on bilateral visit

The visit comes nearly three months after the two countries decided to establish a joint ministerial commission to formulate a framework to strengthen ties in various sectors

1 min read10 Jun 2021
News

Oil-rich Kuwait faces reckoning as debt crisis looms

The pandemic has sent the price of oil crashing to all-time lows and pushed the petrostate toward a reckoning with its longtime largesseKuwait’s national bank said the country's deficit could hit 40% of its gross domestic product this year

4 min read24 Nov 2020
News

Moody's downgrades Kuwait for first time over liquidity risks, weak governance

Lacking a new public debt law, the govt has been unable to borrow since a debut Eurobond in 2017Liquid assets there are close to being depleted, forcing the Finance Ministry to push through other measures to meet spending needs

2 min read23 Sep 2020
News

Kuwait ousts blue-collar expats as slump, resentment bite

The cash-strapped govt said last month that from January it will no longer renew work permits for expatriates over the age of 60 without university degreesMany expats arrive as young adults to work in blue-collar jobs, occupations most Kuwaitis shun in favour of high-paying government positions

3 min read10 Sep 2020
News

Kuwait bans commercial flights from 31 countries including India over Covid-19

Countries on the barred list include India, Iran, China, Brazil, Lebanon, Spain, Singapore, Egypt and Sri LankaKuwait airport resumed commercial flights on Saturday as part of a phased re-opening

1 min read2 Aug 2020
News

Kuwait bars entry of passengers from over 30 countries including India, China

The circular stated that restriction will also include the passengers were present 14 days before the date of travel until further noticeThe ban was announced the same day Kuwait began a partial resumption of commercial flights

1 min read2 Aug 2020
News

Rulers of Oil-Rich Saudi Arabia, Kuwait Hospitalized

Saudi Arabia's King Salman bin Abdulaziz who is an 84 year old monarch has been hospitalized after he complained of an inflamed gallbladderWhile Kuwait's 91 year old emir was also admitted in the hospital for a surgery which culminated successfully

1 min read20 Jul 2020
News

India closely monitoring developments relating to expat quota bill in Kuwait: MEA

Some 800,000 Indians could be forced to leave Kuwait if the bill is passed by the parliament there, according to media reports

2 min read9 Jul 2020
News

In bad news for Dubai's economy, expats are leaving the city

Dubai’s main challenge is affordabilityThe city that built its reputation as a free-wheeling tax haven has become an increasingly costly base for businesses and residents

6 min read10 Jun 2020
News

Kuwait does not support any interference in India's internal affairs: MEA

Indian foreign ministry spokesman Anurag Srivastava said, 'The Government of Kuwait has assured us that they are deeply committed to friendly relations with India'

2 min read27 Apr 2020
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