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News about Kuwait Economy

Stay current with all the latest and breaking news about Kuwait Economy, compare headlines and perspectives between news sources on stories happening today. In total, 21stories have been published about Kuwait Economy which Ground News has aggregated in the past 3 months.

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Wages · Kuwait

Kuwaiti wages see modest growth in 2024, with stronger gains in private sector - Times Kuwait

In 2024, Kuwaiti workers experienced a slight increase in average monthly wages, reflecting broader trends in both the public and private sectors. According to the latest labor force statistics, the average monthly salary for Kuwaiti citizens rose by 0.64 percent, reaching 1,568 dinars compared to 1,558 dinars in 2023, reports Al-Rai daily. The growth was more pronounced in the private sector, where wages increased by 2.55 percent, bringing the …Read Article

Business · Dubai

Seamless Middle East: Sufail Thayel, Sales Manager, Porter Express - Construction Business News Middle East

Sufail Thayel, Sales Manager, Porter Express outlines growth vision and participation at Seamless Middle East Seamless Digital Commerce took place last week, from 20–22 May 2025, bringing together over 750 exhibitors and 500 speakers from across the globe. Held under the theme “The Future of Digital Commerce,” the event highlighted the accelerating importance of digital transformation across different industries, with a focus on the significance…Read Article

Business · Kuwait

OHLA Loses 22 Million for Financial Expenses and Kuwait's Coup in the First Quarter

OHLA has started 2025 with losses, despite the good performance of its main business. In the first quarter, the company recorded a net result attributable negative of 21.8 million euros, weighed by the financial costs derived from the recapitalization operation and an extraordinary cash outflow of 39.6 million million for the litigation in Kuwait. However, the ebitda reached 26.7 million euros, 36.9% more than in the same period of the previous …See the Story

Kuwait moves to control inflation & regulate prices with new committee - Global Business Outlook

The Inflation Committee, on the other hand, will evaluate regional and global economic indicators and suggest suitable measures Kuwait's newly formed Central Committee for Price Studies, Inflation Monitoring, and Supply Chains, which was created to monitor markets and maintain price stability, has formally started its internal organisational work.Inflation · Kuwait Read Article

New Housing Law signals Kuwait’s commitment to private sector growth - Times Kuwait

The Government of Kuwait is accelerating economic and housing reforms aimed at solving the long-standing housing crisis and revitalizing the economy. The centerpiece of this effort, according to Al-Rai daily, is the Cabinet-approved amendments to the Housing Cities Construction Companies Law (No. 118 of 2023), which seek to enable strategic partnerships with the private sector to deliver sustainable and diverse housing solutions without overburd…Housing · Kuwait Read Article

Curbing inflation: What Kuwait is doing to maintain price stability

The steps are part of a broader ministerial initiative to bring order to market dynamics and prevent price manipulation or supply disruptions The post Curbing inflation: What Kuwait is doing to maintain price stability appeared first on Gulf Business.Inflation · Kuwait Read Article

Kuwait hosts Austrian trade delegation to bolster Vision 2035 goals - Times Kuwait

In a strong reflection of Kuwait-Austria ties, Kuwait recently hosted a high-level Austrian economic delegation to deepen trade and investment cooperation in line with Kuwait Vision 2035. Sheikh Mubarak, Al Abdulla Chairman of the Kuwaiti-Austrian Friendship Group, emphasized that mutual trust forms the backbone of relations between the two nations, providing a solid base for expanding economic and trade partnerships. Speaking as guest of honor …Trade · Kuwait City Read Article

Kuwait’s GDP expected to shrink by 3.3% in 2024 amid oil sector decline - Times Kuwait

Kuwait’s gross domestic product (GDP) is projected to decline by 3.3% in 2024—equivalent to KWD 1.663 billion—bringing the total to KWD 49.14 billion, down from KWD 50.8 billion in 2023. The contraction is largely attributed to falling oil prices, which significantly impacted the oil sector’s contribution to the economy, despite continued growth in the non-oil sector, reports Al-Rai daily. Non-Oil Sector Expands Economic activity data at current…Oil and Gas Sector · Kuwait See the Story

UAE fiscal surplus likely to narrow in 2025-2026; economy remains positive

The country's GDP growth set to average 4.2% in 2025-26 led by higher oil production, the National Bank of KuwaitEconomy · Kuwait See the Story

KD 255 million laundering ring busted, 19 defendants jailed - Times Kuwait

• The penalties are double the amount laundered in a case involving 29 individuals and nine companies across sectors such as imports, exports, general trade, money exchange, and food delivery. • The Criminal Court found the group guilty of organized money laundering tied to crimes against national interests and imposed KD 845 million in fines, deportations, and asset confiscations. The Criminal Court, led by Counselor Al-Dhuwaihi Al-Dhuwaihi, …Middle East · Kuwait See the Story

'Challenges facing global economy require intensified Arab co-operation, integration' - Egyptian Gazette

President Abdel Fattah El Sisi expressed his deep appreciation for the strong and historic ties binding Egypt and Kuwait. President Sisi pointed to the challenges facing the global economy, as well as the current regional and international circumstances, which necessitate intensifying co-operation and integration among brotherly Arab countries, particularly in light of the special nature of the Egyptian-Kuwaiti relations as a model for construct…Middle East · Kuwait See the Story

News about Kuwait Economy

News about Kuwait Economy

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Top Kuwait Economy News

Kuwaiti wages see modest growth in 2024, with stronger gains in private sector - Times Kuwait

Seamless Middle East: Sufail Thayel, Sales Manager, Porter Express - Construction Business News Middle East

OHLA Loses 22 Million for Financial Expenses and Kuwait's Coup in the First Quarter

Kuwait moves to control inflation & regulate prices with new committee - Global Business Outlook

New Housing Law signals Kuwait’s commitment to private sector growth - Times Kuwait

Curbing inflation: What Kuwait is doing to maintain price stability

Kuwait hosts Austrian trade delegation to bolster Vision 2035 goals - Times Kuwait

Kuwait’s GDP expected to shrink by 3.3% in 2024 amid oil sector decline - Times Kuwait

UAE fiscal surplus likely to narrow in 2025-2026; economy remains positive

KD 255 million laundering ring busted, 19 defendants jailed - Times Kuwait

'Challenges facing global economy require intensified Arab co-operation, integration' - Egyptian Gazette

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