Top- News zu Kuwait

 

Kuwait has implemented a new electronic exit permit system for expatriate workers in the private sector, effective July 1, 2025. Foreign employees must now obtain employer approval via the Sahel Individuals app and As-hal Companies portal before traveling abroad. The system aims to streamline procedures and enhance transparency, though concerns about worker freedom have been raised....

Kuwaiti convenience store Trolley is planning an initial public offering, according to people familiar with the matter, a rare transaction in one of the Gulf's quietest markets for new share sales....

Egypt sold $1 billion in Islamic bonds to Kuwait's largest bank, the North African nation's latest bid to diversify financing after emerging from its worst economic crisis in decades....

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Kuwait has started the process of sending a request for proposal to banks to raise about $6 billion from international debt markets, according to Ministry of Finance officials....

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Stock exchanges in Kuwait and Oman opened marginally lower Sunday in an early indication of equity investors' reaction to the US attacks on Iran, as they watched out for oil-supply disruptions and Tehran's potential retaliation....

War Brewing? US Prepares Departure Of All Nonessential Staff From Iraq, Kuwait, Bahrain Embassies Is something brewing amid US-Iran tensions, given the stalled nuclear negotiations and ratcheting accusations, demands, and counter-demands? The State Department is preparing to order all nonessential personnel to leave the US Embassy in Baghdad due to potential regional unrest, according to two US officials cited in The Associated Press. Additionally:  —U.S. MILITARY DEPENDENTS IN BAHRAIN CAN TEMPORARILY DEPART DUE OF HEIGHTENED REGIONAL TENSIONS- US OFFICIAL TELLS REUTERS —WTI GAINS 4.6% ON REUTERS REPORT ON US EMBASSY IN IRAQ Again, the only 'unrest' and tension could be Iran-related, though the Baghdad embassy has at various times over several years come under Shia militia attacks, and even rioting outside its gates. The embassy is already operating with limited staff, so in reality the move affects a small number of people. As it stands, nonessential personnel and family members in Ba...

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Emirati defense company EDGE Group PJSC signed a $2.45 billion deal to supply Kuwait with a fleet of missile boats, highlighting the United Arab Emirates' advances in homegrown military capabilities....

Kuwait's sovereign wealth fund is joining a Microsoft Corp.-backed initiative to bankroll $30 billion in artificial intelligence infrastructure globally, as the oil-rich Gulf nation looks to tap into the booming sector....

ADNOC Drilling is embarking on a significant dual expansion, venturing into Kuwait and Oman through a strategic acquisition...

Iraq's Ministry of Agriculture has announced a joint project with Kuwait aimed at reducing dust and sand storms that have increased in frequency and intensity over the past two years....

Kuwait Investment Authority Managing Director Sheikh Saoud Salem Abdulaziz Al-Sabah says “the clock is ticking” for private equity and it's time for buyout funds to return money back to their investors. He made the comments during a panel discussion moderated by Stephanie Flanders at the Qatar Economic Forum 2025, powered by Bloomberg....

The head of one of the world's largest wealth funds said the clock is ticking for private equity and it's time for buyout funds to return money to investors....

Sheikh Saoud Salem Abdulaziz Al-Sabah, Kuwait Investment Authority managing director, discusses America as an investment destination. "I think the US has the breadth and depth to sustain its exceptionalism," he tells Bloomberg's Stephanie Flanders at the Qatar Economic Forum 2025, powered by Bloomberg. (Source: Bloomberg)...

Jazeera Airways partners with Tata Consultancy Services (TCS) to initiate an AI-driven digital transformation, enhancing customer experience and operational efficiency. TCS will revamp Jazeera Airways' digital platforms and introduce an AI chatbot for personalized travel experiences. This collaboration aims to unlock new revenue streams and position Jazeera Airways as a leader in customer-centric innovation....

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Woodside Energy Group Ltd. is in talks with the overseas unit of Kuwait Petroleum Corp. for selling a stake in its proposed liquefied natural gas export project in the US, according to people with knowledge of the matter....