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Day: January 3, 2022

General

Markets Open 2022 With Records, Apple Briefly Hits $3 Trillion in Value

January 3, 2022 - by kgadmin

Global stocks began 2022 in bullish fashion, with major bourses notching records and Apple’s valuation briefly hitting $3 trillion as investors monitor the COVID-19 pandemic and looming central bank rate decisions.The CAC 40 index in Paris kicked off t…

Markets Open 2022 With Records, Apple Briefly Hits $3 Trillion in Value Read More
General

Kuwaiti parliament resumes regular sessions Tues. featuring cabinet’s swearing-in ceremony

January 3, 2022 - by kgadmin

The national assembly resumes holding regular sessions tomorrow, Tuesday, following newly appointed cabinet constitutional swearing-in ceremony.The session will handle clauses listed on the session’s agenda, amongst which is examining Amiri speech inau…

Kuwaiti parliament resumes regular sessions Tues. featuring cabinet’s swearing-in ceremony Read More
General

Kuwait’s new Public Work Minister takes oath in front of Crown Prince

January 3, 2022 - by kgadmin

– His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah received on Monday at Bayan Palace His Highness the Prime Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah.His Highness the Prime Minister presented to His Highness the Crown Prince…

Kuwait’s new Public Work Minister takes oath in front of Crown Prince Read More
General

Kuwait’s Al-Ghais elected as OPEC Secretary-General

January 3, 2022 - by kgadmin

– A special meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) on Monday decided by acclamation to appoint Haitham Al-Ghais, of Kuwait, as the next Secretary General of the Organization.Al-Ghais will replace Moham…

Kuwait’s Al-Ghais elected as OPEC Secretary-General Read More
General

OPEC backs Kuwait candidate as new secretary general – oil minister

January 3, 2022 - by kgadmin

Organization of the Petroleum Exporting Countries (OPEC) member states are overwhelmingly favoring Kuwaiti candidate Haitham Al-Ghais to serve as the cartel’s new secretary general in August, the country’s oil minister said on Monday.”It delights me to…

OPEC backs Kuwait candidate as new secretary general – oil minister Read More
Health Protection

Kuwait sees 982 new COVID-19 cases, no deaths

January 3, 2022 - by kgadmin

– Kuwait on Monday said 982 more people tested positive for COVID-19 over the past 24 hours, taking the country’s caseload to 419,314, health ministry data showed.Some 171 more people recovered from the viurs to up the number of those to have overcome …

Kuwait sees 982 new COVID-19 cases, no deaths Read More
Government Policy

Kuwait condemns Houthis’ hijacking of UAE cargo ship

January 3, 2022 - by kgadmin

The Ministry of Foreign Affairs of Kuwait strongly denounced on Monday the Houthi militias for hijacking a UAE-flagged cargo ship while en route from Yemen to Saudi Arabia.”This shameful criminal act proves once again the Houthi militias’ persistence …

Kuwait condemns Houthis’ hijacking of UAE cargo ship Read More
Government Policy

Kuwaiti Government bars peoples’ gatherings

January 3, 2022 - by kgadmin

The Kuwaiti Government decided on Monday to bar holding all kinds of peoples’ gatherings in closed places effective next Sunday until February 28.The decision will be re-examined in light of the epidemiological conditions in the country, the official …

Kuwaiti Government bars peoples’ gatherings Read More
Government Policy

Kuwait gov’t tightens Covid-19 precautions

January 3, 2022 - by kgadmin

The Kuwaiti Cabinet on Monday decided to prevent all kinds of public gatherings in closed places as of next Sunday until February 28 as a precaution against the spread of Covid-19 pandamic.During its weekly meeting under His Highness the Prime Minister…

Kuwait gov’t tightens Covid-19 precautions Read More
Judicial

Kuwait’s KFF: House owners affected by rain should call for assistance

January 3, 2022 - by kgadmin

Kuwait Fire Force (KFF) called on Monday citizens and residents, whose dwellings were damaged by yesterday’s rain, to call the hotline 112 for assistance.In a statement, KFF said that people must call the emergency number in order to provide the neces…

Kuwait’s KFF: House owners affected by rain should call for assistance Read More
Finance

CBK issues KD 240 mln Tawarruq, bonds

January 3, 2022 - by kgadmin

The Central Bank of Kuwait (CBK) announced on Monday the issuance of Tawarruq and bonds worth KD 240 million (about USD 792 million).The issue’s maturity period is six months, with a return rate of 1.250 percent, the CBK said in a statement to KUNA.On…

CBK issues KD 240 mln Tawarruq, bonds Read More

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