By lifting the subsidies on fuel, the country has managed to save KD 70 million in its third month since the decision to implement new fuel prices came into effect, reports Annahar daily quoting trusted governmental sources.

Local banks have affirmed their refusal to provide financial information about their clients without the permission of the latter, reports Arab Times daily quoting informed sources.

The Kuwait Institute for Scientific Research (KISR) has won the prize of the best Arab research institution (Best Arab Award) for 2016, KISR said on Thursday.

“Is Kuwait moving towards lifting the ‘banking secrecy’ of expatriates’ bank accounts?” — This question was raised by banks to the Central Bank of Kuwait during a recent meeting.

His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah on Wednesday named His Highness Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah as new Prime Minister.

19-year-old Kuwaiti citizen ran over a Bangladeshi man who was sitting at a bus stop in a bid to ‘scare him’.

n a freak ground incident, the wing tips of two aircraft -- one reportedly stationary and the other taxiing - collided at Mumbai Airport on Wednesday. This happened when the wings of an incoming Kuwait Airways wide body aircraft and an outbound IndiGo narrow body aircraft clipped before 6 am, much before sunrise when it was still dark.

Some members of Economic Committee have voiced out the need to exempt certain consumable items from the value added tax (VAT) policy.

His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah submitted the government's resignation to His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah during a reception at Bayan Palace on Monday.

The Union of Consumer Cooperative Societies and officials of cooperative societies warned of “an upcoming wave of catastrophic price hike” which will affect the prices of all commodities and foodstuff in the first quarter of the year 2017.