Kuwait is studying proposals to introduce the same tax rates for local and foreign companies, Finance Minister Anas al-Saleh told reporters on the sidelines of a business conference on Monday.
"There is a list of taxes on loc
Kuwait, which plans to boost oil output capacity by a third by 2020, has discovered four new oilfields in the north and west of the country, a top oil official was quoted as saying by state news agency KUNA on Sunday.
State-run Kuwait Petroleum Corp (KPC) and all affiliated firms remain on alert, state news agency KUNA said on Wednesday, three weeks after Saudi Arabia and Arab allies began military strikes against Houthi militias in Yemen.
Kuwait Finance House (KFH), the country's biggest Islamic lender, reported a 14.6 per cent rise in first-quarter net profit on Wednesday, but still fell short of analysts' forecasts.
Net profit rose to KD29.9 million ($99.
Turkish Airlines, the national carrier of Turkey, is inviting travellers from the GCC and other destinations to join in the celebration of the ‘International Istanbul Tulip Festival 2015’, which runs till May 3.
Iran is looking to export natural gas to Kuwait, National Iranian Gas Company chief Hamidreza Araghi said on Sunday, as he confirmed plans to begin exports to neighbouring Iraq next month.
"There is capacity to export gas to
Integrated Logistics Company (ILC), a leading crane rental company in Kuwait, said it has purchased 10 Grove GMK4100L heavy-lifting cranes in line with its fleet expansion strategy.
The Grove cranes work on a variety of projects i
Viva, a leading telecom operator in Kuwait, has launched the highly anticipated Samsung Galaxy S6 and Samsung Galaxy S6 Edge, offering the device at all Viva’s branches, authorised dealers and on Viva’s E-Store.
Bobcat, one of the world's leading manufacturer of farm and construction equipments, has rolled out its new version of S450 skid-steer loader in Kuwait.
The new Bobcat S450 skid-steer loader was officially launched at an Open Day he
Indonesia's Pertamina has failed to lift about 270,000 tonnes of diesel from long-term supplier Kuwait Petroleum Corp this year, as demand for the fuel has dipped in Indonesia and on supply disruption in Kuwait, industry sources said.