Expatriates’ remittances reached KD 5.4 bln
Kuwaitis reportedly spent KD 4 bln on travel in 2022 KUWAIT CITY, May 13: Kuwaitis have reportedly spent 4 billion dinars on travel in 2022, a jump of 69.5% bringing … Read More
Tag: bln
Investment spending allocations decrease by 15.2% to KD 2.4 bln in Kuwait
Features of Kuwait’s budget for 2023-2024 said largest KUWAIT CITY, Feb 5: In a quick reading of the features of the State of Kuwait’s budget for 2023-2024, which is the … Read More
Saudi Arabia, Pakistan sign USD 1 bln agreement to finance oil derivatives
RIYADH, Jan 12: The CEO of the Saudi Fund for Development (SFD), Sultan Abdulrahman Al-Marshad, and the Undersecretary of the Ministry of Economic Affairs in Pakistan, Dr. Kazim Niaz, have … Read More
KPC allocates KD 1.53 bln as ‘indemnity’ for its employees
KUWAIT CITY, Jan 7: According to reliable oil industry sources, Kuwait Petroleum Corporation (KPC) has an allocation for end-of-service benefits for workers in the oil sector at a value of … Read More
Britain freezes Russian assets worth USD 21 bln
LONDON, Nov 10: The British government said on Thursday that it had frozen Russian assets valued at a total of 18.39 billion pounds (USD 20.5 billion). The sanctions imposed on … Read More
Kuwait among 4 GCC nations to reap $100 bln in gains from war in Ukraine
KUWAIT CITY, June 23: MEED magazine expects Kuwait and the Gulf states to contribute to raising the volume of oil production of OPEC member states this year, explaining that most … Read More
KD 2.15 bln spent for allowance of Kuwaitis’ rent for last 11 years
KUWAIT CITY, Nov 17: Official data revealed that the State spent around KD 2.15 billion for the rent allowance of citizens entitled to housing grants in the last 11 years, … Read More