KUWAIT CITY, May 6: Remittance is a service provided by local banks and money exchange companies registered in the Central Bank of Kuwait (CBK) and is authorized to transfer funds abroad in accordance with the ministerial decision, says Finance Minister Anas Al-Saleh.

DUBAI, May 4 (KUNA) -- The State of Kuwait, represented by Amiri Diwan, has won MEED's Building Project of the Year through the country's Jahra and Farwaniya Courts Complexes.

MANAMA, May 4 (KUNA) -- The GCC Committee for Financial and Economic Cooperation discussed in Bahrain on Thursday a host of issues for enhancing economic integration and unity among the member states.

KUWAIT, May 4 (KUNA) -- The State of Kuwait's current account recorded a deficit of KD 1510 million during 2016 (4.5% of total estimated 2016 GDP at current prices) against a surplus of KD 1208 million during 2015 (3.5% of 2015 GDP at current prices). (USD=KD O.304) The current account sums up transactions between the domestic economy and other economies encompassing good, services and income.

KUWAIT CITY, May 1: Central Bank of Kuwait (CBK) Governor Dr. Mohammad Al- Hashel said imposing taxes or fees on expatriates’ remittances is not part of suitable measures to increase non-oil revenues, reports Al-Seyassah daily quoting parliamentary analysts.

KUWAIT, April 30 (KUNA) -- Deputy Prime Minister and Finance Minister Anas Al-Saleh has vowed to forge ahead with game-changing reforms to address financial imbalances and diversify national economy, even if oil prices surged again to USD 100 per barrel.

DUBAI, April 29 (KUNA) -- Sheikh Mubarak Abdullah Al-Mubarak Al-Sabah, Founder and Non-Executive Chairman of Action Hotels has been conferred the prestigious Industry Pioneering Award of the Arabian Hotel Investment Conference 2017 (AHIC).

PARIS, April 27: The continuous sharp cuts in investment and the drop in discoveries at the "conventional" oil sector is causing concern over the future of global energy security, a report said Thursday.

KUWAIT, April 25: A company, that will organize the procedures to employ housemaids, will kick start operations next August, said Deputy Prime Minister and Minister of Finance Anas Al-Saleh Tuesday.

KUWAIT CITY, April 18, (KUNA): A World Bank (WB) official has lauded the State of Kuwait’s political will for boosting business, indicating such progress will increase the Gross Domestic Product (GDP) by seven percent during 2019.