Minister of Commerce and Industry Khaled Al-Roudan inspected several cooperative societies with the objective of monitoring prices to ensure there is no price manipulation or unjustified price increase, considering there are several record-breaking promotions in this year’s holy month of Ramadan.
The local business community is considering entering into a legal battle with the state if it does not abandon the policy of interfering in setting prices and turns down any requests to increase prices for more than a year, reports Al-Rai daily quoting high-level commercial sources.
Kuwait's Petrochemicals Industries Company (PIC) has nabbed the Gulf Petrochemicals and Chemicals Association's (GPCA) "Responsible Care" award, which recognizes leadership and outstanding performance.
Kuwait banks are at an inflection point, as after years of underperformance relative to GCC peers, some green shoots provide positive guidance, liquidity is abundant, and asset quality improvement is noticeable, said a specialized report Wednesday.
Kuwait's Livestock Transport and Trading Company (Al-Mawashi) has revealed plans to import mutton from South Africa, Latin America and Sudan, looking beyond Australia for sheep imports, its chief executive said on Wednesday.
Renowned for the most lavishly decorated venues in town Kuwait s Jumeirah Messilah Beach Hotel & Spa has unveiled a new concept promising its guests the ultimate Ramadan experience.
Since the global financial crisis of 2008, auditing firms in the Middle East, particularly in the Gulf Cooperation Council (GCC) member countries, have moved from revenue-generating economy to productive one, thus playing a greater role.
This Ramadan, Kuwait's Al Manshar Rotana, in collaboration with Al Kazemi Travel, is giving all the Iftar and Ghabgha diners of Failaka restaurant a chance to visit Athens, Greece or Baku for free.
Kuwait will not implement value-added tax before 2021 but will push ahead with introducing excise tax, parliament’s budget committee said in a statement posted on the assembly’s website on Tuesday.
Kuwait's Al-Safat Investment Company has entered Guinness World Records for designing and producing the world's largest poster of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah.
