DUBAI (Reuters) - Kuwait has cut 945 million dinars ($3.09 billion) in expenditure from its budget for the 2020/2021 fiscal year, the head of a parliamentary committee said on Tuesday, adding workers' ...

Kuwait expects its budget deficit to widen in its 2020/21 fiscal year to 14 billion dinars ($46 billion), according to a ministry of finance estimate in a parliamentary document, as the economy reels ...

While performance in 2020 will suffer from the twin shocks of COVID-19 and the oil price slump, growth in Kuwait has been tapering since 2014. The inevitable fiscal deficit increase from declining oil ...

DUBAI, United Arab EmiratesDUBAI, United Arab Emirates — Two oil-rich Arab Gulf states suffered severe economic blows on Wednesday, as a major credit agency downgraded Kuwait for the first time and ...

Kuwait's Emir Sheikh Sabah al-Ahmad al-Sabah died on Tuesday aged 91 and Crown Prince Sheikh Nawaf al-Ahmad al-Sabah was ...

KUWAIT CITY — Kuwait began voting Saturday for its National Assembly, the first election since the death of its longtime ruling emir at a time the oil-rich nation struggles with serious economic ...

Dublin, Nov. 24, 2020 (GLOBE NEWSWIRE) -- The "Oil Refining Industry in Kuwait 2020" report has been added to ResearchAndMarkets.com's offering. The downstream energy sector report is a complete ...

Kuwait Airways’ latest full-year financial statement shows the flag-carrier sustained a net loss of KD264.5 million ($870 million) during the pandemic-hit 2020. The airline’s revenues sank by 64% over ...

Kuwait ruler and key US ally Sheikh Sabah Al Ahmad Al Sabah died on Tuesday, his office announced on state television. He was 91. “With the utmost sadness and grief for the Kuwaiti people, the Islamic ...

Dublin, March 03, 2020 (GLOBE NEWSWIRE) -- The "HospeTrack Hospital Intelligence for Kuwait" report has been added to ResearchAndMarkets.com's offering. This HospeTrack is the largest database of ...