Daimler AG searches for new Kuwait distributor.
Daimler AG will end its 64-year relationship with its Kuwaiti distributor at the end of 2018 and is searching for
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Economy
UAE-China trade forecast to hit $70bn by 2020 as ties grow.
Trade between China and the UAE is forecast to grow to $70 billion by 2020 as the Asian country tops
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Emir of Kuwait visit to China.WIN-WIN FOR CHINA-KUWAIT TIES.
His Highness the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah said China could help set up industrial and high-tech
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Deep-rooted Kuwaiti-Chinese ties raise trade exchange to $12 billion
Kuwait and China are witnessing deep-rooted and developed relations in all fields, mainly the economic sector, supported by the strategic
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Ban on under-30 diploma hires cancelled
Minister of Social Affairs and Labor, Minister of State for Economic Affairs Hind Al-Sabeeh said the administrative decision which banned
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Pakistan and China extend currency swap agreement.
Pakistan and China have agreed to extend the currency swap agreement and double its size as both countries look to
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The Kuwait Society for Human Rights (KSHR) urged to cancel the Kafeel System.
The Kuwait Society for Human Rights (KSHR) called on the state to cancel the sponsorship (or kafeel) system and transfer
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Kuwait to postpone VAT implementation to 2021.
Kuwait will not implement value-added tax before 2021 but will push ahead with introducing excise tax, parliament’s budget committee said
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UAE’s ADNOC to build world’s largest petrochem site worth $45bn.
The UAE’s Abu Dhabi National Oil Company (ADNOC) said it would create the world’s largest integrated refining and petrochemicals complex
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Kuwait’s Assembly committee says taxes not a priority issue.
The National Assembly committee responsible for setting priorities for the Assembly yesterday said it has not placed a government-sponsored draft
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Kuwait Airways opens new operations control center.
Kuwait Airways opened its integrated operations control center yesterday as part of its plan to enhance the operations sector. The
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Kuwait to spend $3.04bn on new residential projects.
Kuwait government is set to spend heavily on the country’s infrastructure including the setting up of new road projects and
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India, Pakistan central banks clamp down on crypto-currencies
India’s central bank barred banks on Friday from having any links to virtual currency dealers, slashing the prices of bitcoin
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Kuwaiti official predicts oil prices will rise up to $70 per barrel.
The acting undersecretary of Kuwait’s Ministry of Oil Sheikh Talal Al-Sabah has foreboded that the price of a barrel of
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1% on KD 99, 2% on KD 100-200 , 3% on KD 300-499 & 5 % on KD 500 and above – Remittance tax on Expats approved in Kuwait.
The parliamentary Financial and Economic Affairs Committee has approved four bills on imposing tax on remittances of expatriates, taking into
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