Kuwait swore in their new Emir Sheikh Nawaf Al Ahmad Al Sabah at the National Assembly in Kuwait City last week.
Kuwait government
Coca-Cola
Kuwait’s Wafra said to sell Manhattan’s Coca-Cola building for $955m
Just a month after it sold for $909m, Manhattan’s Coca-Cola building has changed hands again, this time for $955m
geopolitics
Kuwait puts military on state of alert amid regional tensions
Kuwait is investigating accounts that a drone violated its airspace and flew over the royal palace last Saturday
domestic workers
US lawyer calls on Duterte to make Kuwait worker ban permanent following Filipina maid’s death
President Rodrigo Duterte last February 2018 imposed a partial ban on household workers travelling to Kuwait
domestic workers
Philippines mulls reinstating Kuwait worker ban following maid’s fatal attack
Kuwait and the Philippines in May last year signed an agreement to regulate domestic workers
Central Bank of Kuwait
Kuwait revives debate of 5% expat tax on remittances
Kuwait’s Central Bank and Finance Ministry have opposed similar proposals in the past
Bahrain economy
Kuwait pens agreement to support Bahrain’s fiscal reforms
The agreement formalises Kuwait’s part in a $10 billion financial aid package announced by Kuwait, the UAE and Saudi Arabia last year
Aviation
Kuwait Airways denies ban on flying some nationalities
Airline rejects media reports that it has imposed restrictions on nine nationalities boarding flights at Kuwait International Airport
Expat
Kuwait increases private sector holidays to 35 days
A National Assembly committee has also approved a draft law stipulating harsh penalties for those who raise charity funds without a license
budget deficit
Kuwait said to mull privatisation of ministry, gov’t entities
According to local media, the ministry of services will be among those privatised