Tue, 21-Oct-2025

Bahrain outlook improves on fiscal reforms: S&P

Bahrain

S&P Global Ratings has revised Bahrain’s outlook to ‘stable’ from ‘negative’ on the back of new fiscal reforms aimed at improving non-oil revenues and cutting state spending, Reuters quoted the ratings agency, as saying in a statement. Rated below investment grade, Bahrain was bailed out to avoid a credit crunch in 2018 with a $10 … Read more

Saudi women seize startup culture with both hands

Saudi

Saudi Arabia is making the transition to a more diversified economy, after being reliant upon oil for much of the past century, a trend sparked by Vision 2030 as well as commitments made at the COP26 Summit last month, Arab News reported. While corporate giants such as Aramco and Sabic continue to dominate the economy, a culture … Read more

Kuwait to limit visas for Lebanese over Gulf row

KUWAIT CITY – Kuwait is to limit the number of visas it issues for Lebanese nationals as a diplomatic row festers between Beirut and Gulf states, a security source in the emirate said Wednesday. “A verbal decision has been taken to be stricter in granting tourist and business visas to Lebanese,” the source told AFP, … Read more

Kuwait plans $8 billion airport redevelopment

JEDDAH: The Kuwait’s Directorate General of Civil Aviation (DGCA) plans to spend $8.2 billion on 14 projects to develop the state’s main airport. The investment will transform it into an active regional centre for air transport, passengers and cargo, Alarabiya reported, citing DGCA. The projects include a new terminal that accommodates 25 million passengers annually … Read more

Kuwait expels Lebanon envoy, recalls own ambassador: state media

Kuwait expels Lebanon envoy, recalls own ambassador: state media

KUWAIT CITY: Kuwait has recalled its ambassador from Beirut and has given the Lebanese envoy 48 hours to leave the emirate, the foreign ministry said Saturday, quoted by state news agency KUNA. “Kuwait recalls Amb. in Beirut, asks Lebanese envoy to leave the country in 48 hours,” the ministry said in a brief statement carried … Read more

Kuwait begins increasing oil production

Kuwait expels Lebanon envoy, recalls own ambassador: state media

Kuwait has begun to increase its crude production in accordance with an agreement reached by the Organisation of Petroleum Exporting Countries and its allies, a group known as Opec+, Arab News quoted Oil Minister Mohammad al-Fares, as saying. The minister, cited by the state news agency KUNA, said Kuwait’s plans to increase output includes production … Read more

Fire breaks out in Kuwait’s largest oil refinery

KUWAIT CITY: A fire broke out on Monday in Kuwait’s largest oil refinery, causing several injuries but no interruptions to site operations or petrol exports. Plumes of smoke rose above the Mina al-Ahmadi facility, located on the Gulf coast just opposite Iran, about 40 kilometres (25 miles) south of the capital Kuwait City, according to … Read more

Libya is the first Arab country to mine bitcoin

Libya

The CBECI (Cambridge Bitcoin Electricity Consumption Index) data shows that in the Arab world, Libya ranked first with 0.13% of global mining. This followed the uproar over Bitcoin mining in Libya and its link to the country’s electrical situation.

Following is the ranking of the Arab countries:

Libya is in 1st place, with a 0.13 percent share.

UAE and Kuwait are in 2nd place with a 0.08% share for each nation.

Egypt and Jordan are in 3rd place with a 0.04% share for each nation.

Lebanon ranked 4th with a 0.01% share.

In particular, the price of Bitcoin in Libyan dinars is 192,912.13.

Bitcoin mining is the method by which new bitcoins are entered into the flow. It is also a critical factor in the maintenance and development of the blockchain ledger. It is executed using very sophisticated computers that resolve enormously complex computational math glitches.

Cryptocurrency mining is difficult, expensive, and only intermittently rewarding. However, mining has an attractive appeal for many investors involved in cryptocurrency because miners are satisfied with their work with crypto tokens. This may be for the reason that entrepreneurs see mining as “pennies from heaven”.

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IsDB, Bloomberg LP launch financial education programme in 9 countries

Islamic Development Bank announces final issuances

LONDON: The Islamic Development Bank (IsDB) and Bloomberg LP will work together to deliver a financial education programme for university students in nine countries in the Middle East, Africa and Asia, WAM reported. The nine IsDB member countries involved in the programme are Bangladesh, Egypt, Kazakhstan, Kuwait, Malaysia, Nigeria, Oman, Saudi Arabia and Uzbekistan. IsDB … Read more

Huawei launches new Super Device products in Kuwait 

Chinese tech Huawei takes FCC to court over sales ban

KUWAIT CITY: Chinese telecom giant Huawei launched its new Super Device products in Kuwait. These devices include the MatePad Tablet, MateView standalone monitor and MateBook Series, which offer the seamless integration brought by its Smart Office setup, said Jiang Guang’ao, general manager of Huawei’s Consumers BG Kuwait Representative Office during the Monday launching ceremony. Jiang … Read more

Kuwaiti Dinar to PKR: Today 1 KWD TO PKR rates on, 31st July 2021

Kuwaiti Dinar to PKR

KWD to PKR Exchange Rate Today – In these countries, different currencies, such as the Kuwaiti Dinar and the Pakistani Rupee, are frequently exchanged. Kuwaiti Dinar Rate In Pakistani Rupee Check the updated list of  KWD to PKR  Exchange Rates (Updated 31st July 2021) KWD PKR 1 KWD 541.08         PKR 5 … Read more

Kuwait to receive vaccinated expats from August 1

Kuwait Suspends direct flights with India

KUWAIT CITY: Kuwait prepares to receive vaccinated expatriates from August 1, the Ministry of Health said Friday. Abdullah al Sanad, spokesman of the ministry, said in a press statement that Kuwait Airport will allow the return of fully vaccinated expats starting August 1 according to the decision of the government. The ministry’s team will check … Read more

Kuwait keen to enhance trade ties with Pakistan

Kuwait keen to enhance trade ties with Pakistan

ISLAMABAD: Emir of Kuwait Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah has said that his country is keen to enhance economic relations with Pakistan. Accepting the invitation extended to him by President Dr Arif Alvi to visit Pakistan, the emir of Kuwait reiterated the country’s resolve to deepen relations between Kuwait and Pakistan for mutual gains. Replying … Read more

Kuwait sets new record as it sizzles at 53.2°C

Kuwait

KARACHI: Kuwait recorded the highest temperature in the world for the year 2021, registering 53.2°C, according to America’s El Dorado Weather, which collects temperature data from countries’ meteorological stations. The Kuwaiti city of Nawasib recorded 53.2 degrees Celsius, the highest temperature in the world so far this year, according to a Gulf News report. Meanwhile, … Read more

The State of Kuwait Allows Stranded Expat Students to Take In-Person Exams

Kuwait Allows Stranded Expat Students to Take In-Person Exams

The State of Kuwait has allowed the stranded students, living in other countries, to return to the country and appear for the in-person exams. The decision only applies to the students who are in grade 12 and are required to appear in their second round of exams. The Ministry of Education is working with the … Read more

Kuwait suspends direct commercial flights with India

Kuwait Suspends direct flights with India

The directorate general of civil aviation in Kuwait said in a tweet early Saturday that it had suspended all direct commercial flights with India, effective April 24 and until further notice.

The change was ordered by health officials after an assessment of the global coronavirus situation.

Both passengers arriving from India, whether directly or via another destination, will be denied entry unless they have spent at least 14 days outside of India, according to the release.

Kuwaiti residents, first-degree families, and domestic workers will be permitted to enter. Cargo is unaffected.

It is pertinent to mention here that after the alarming rise in the pandemic, rich people in India are in a race to leave the country, which has not only led to a sharp rise in airfares but also increased demand for private jets.

The UAE has announced a ban on flights from India with effect from April 25.

Frightened Indians are trying to leave the country before the ban on Indian flights to the United Arab Emirates is imposed, according to the international news agency.

Flights from India to the UAE will be banned from Sunday after the Coronavirus situation in India went out of control.

On Friday and Saturday, the one-way fare for flights from Mumbai to Dubai has reached $1,000, which is ten times the normal price.

The fare from Delhi to Dubai is more than 50,000 Indian rupees, which is five times the normal price.

No airline is providing tickets for Sunday, from which day flight operations will be suspended for ten days.

According to a spokesperson for charter company Air Charter Service India, public interest in private jets has increased exponentially.

The spokesman said that 12 flights of his charter service were going to Dubai on Saturday, in which all the seats were booked.

A spokesman for another charter company, Anthral Aviation, said more aircraft had been requested to meet the demand.

According to the spokesperson, a 13-seater jet from Mumbai to Dubai costs 38 38,000, while a six-seater jet costs 31 31,000.

On normal days, 300 commercial flights are operated weekly from India to the United Arab Emirates.

There are more than 3 million Indians in the UAE, one-third of the population, most of whom live in Dubai.

It is believed that after a record increase in coronavirus cases in India, cemeteries and crematoriums in the capital Delhi and other parts of the country are running out of space, which has led to mass burials and cremation.

Hospitals are overflowing with patients and beds are not available for new patients.

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Pakistan, Kuwait underscore importance of enhanced bilateral relations

Pakistan Kuwait

Foreign Affairs Minister of Kuwait Sheikh Dr. Ahmed Nasser Al-Mohammed Al-Sabah has reached the Foreign Office in Islamabad. On arrival, Foreign Minister Shah Mahmood Qureshi welcomed his counterpart. The Kuwaiti Foreign Minister also planted a sapling. The two sides also held delegation levels talks. During the meeting, detailed discussions were held on bilateral relations and … Read more

Kuwait’s Emir Approves Formation Of New Cabinet, Replaces Ministers

Kuwait's Emir Approves Formation Of New Cabinet, Replaces Ministers

The Emir of Kuwait, Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, has issued a decree forming a new government following the recent parliamentary elections. According to the Emir of Kuwait, Sheikh Hamad Jaber Ali Al-Sabah has been appointed Deputy Prime Minister and Minister of Defense in the new cabinet. Mohammad Abdul Latif Al-Fares has been appointed Minister … Read more

Kuwait names Sheikh Meshal as new Crown Prince

Sheikh Meshal

Kuwait’s new Emir Sheikh Nawaf Al-Ahmad Al-Sabah on Wednesday has named Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah as Crown Prince. According to Reuters news agency, Two members of Kuwait’s ruling Al Sabah family on Wednesday pledged support for Sheikh Meshal. Sheikh Meshal has served Kuwait as the deputy chief of the National Guard. Diplomats and Kuwait … Read more

Crown Prince Sheikh Nawaf becomes Kuwait’s New Emir

Crown Prince Sheikh Nawaf

After the death of Sheikh Sabah al-Ahmad al-Sabah on Tuesday, the Crown Prince Sheikh Nawaf al-Ahmad al-Sabah was named the new Kuwait’s emir by the country’s cabinet to succeed after his brother. The announcement of the cabinet was read out on the state television. Under the Gulf Arab State’s constitution, the Crown Prince automatically becomes … Read more

Kuwait: 127,000 expatriates deprived of residency permits

Kuwait: 127,000 expatriates deprived of residency permits

127,000 expatriates residing in Kuwait failed to expand their residency permits online due to the coronavirus, as a result of which they lost their residency. According to the reports, Kuwait has banned flights due to Coronavirus and millions of residents have been stranded in their countries. The report quoted Kuwaiti newspaper Al-Ra’i as saying, “This is due … Read more

KSA reopens borders with Kuwait, UAE & Bahrain

KSA

The government of Saudi Arabia (KSA) has opened it borders with the UAE, Kuwait, and Bahrain after a four-month closure. According to the details, this step comes as the KSA eases the pandemic’s restrictions and economic activity returns to normal. In addition to this commercial trucks carrying goods for the Kingdom will also be allowed to … Read more

Kuwait bans commercial flights to 31 countries, including Pakistan

Kuwait bans commercial flights to 31 countries, including Pakistan

Kuwait has banned commercial flights to 31 countries, including Pakistan, due to the spread of the coronavirus. Kuwait has banned these countries, calling them a “major threat” to the spread of the pandemic. Kuwait’s director general of civil aviation said the ban would remain in place indefinitely, according to Reuters. Apart from Pakistan, Kuwait has … Read more

UNESCO added date palm in heritage list

date palm

The date palm, which was recognized by UNESCO on Wednesday, has for centuries played an important role in the growth of civilizations in the hot and dry regions of the Arab world. Now date palm-related knowledge, traditions and practices have been inscribed on Unesco’s list of Intangible Cultural Heritage of Humanity. The tree, whose roots … Read more

PM Kuwait resigns alongside Cabinet amid ministers’ fight, criticism

PM Kuwait resigns alongside Cabinet

Prime Minister Kuwait submitted his resignation on November 14 along with his Cabinet, amid infighting between ministers and criticism of their performance. According to foreign news agency, Kuwaiti PM Sheikh Jaber al-Mubarak Al-Sabah submitted the resignation of the Cabinet to the emir, in order to allow for a Cabinet reshuffle. The resignation came after Kuwaiti … Read more

FM Qureshi calls on Deputy Prime Minister and Foreign Minister of Kuwait

FM Qureshi Calls Kuwaiti Counterpart

Foreign Minister Makhdoom Shah Mahmood Hussain Qureshi called on Deputy Prime Minister and Foreign Minister of Kuwait Sheikh Sabah Khalid Al-Hamad Al-Sabah on Wednesday. According to the details, both Ministers exchanged words over the ongoing situation of Kashmir. Deputy Prime Minister and Foreign Minister of Kuwait condemned the Indian brutality on the innocent people of … Read more