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Kuwait News Update August 3, 2021

August 3, 2021

NEWS

UPDATE 1-Kuwait wealth fund KIA appoints new board of directors

The move was approved by Kuwait's cabinet on Monday, the newspaper al-Qabas said. The newly appointed board members are Khaled Ali Al-Fadil, …

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BA flight 'exploited' to carry British special forces to Kuwait, says former diplomat

A former UK diplomat has said he is “convinced” there was “military intelligence exploitation” of a British Airways flight that landed in Kuwait during the …

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Kuwait Finance House Q2 profit more than triples

DUBAI, Aug 3 (Reuters) – Kuwait Finance House (KFH.KW), a Sharia-compliant bank, said on Tuesday net profit for the second quarter more than …

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Kuwait wealth fund KIA gets new board of directors, official says

KUWAIT, Aug 3 (Reuters) – The Kuwait Investment Authority (KIA), the Gulf state's sovereign wealth fund, has appointed a new board of directors, …

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Kuwait receives first M1A2K tank

A delegation from Kuwait's Land Force has officially received the first M1A2K main battle tank at a ceremony in the United States, the Kuwait Army …

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Kuwait Is Unhappy That Airlines Are Overbooking Flights

While Kuwait's civil aviation authority in the past has issued a directive against this, some airlines operating services to the country continue to overbook …

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Huawei launches new Super Device products in Kuwait

Adjust font size: Chinese telecom giant Huawei on Monday launched its new Super Device products in Kuwait. These devices include the MatePad …

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Kuwait's newly formed Zain Ventures invests in Swvl and FinTech start-up Pipe

Zain Ventures, the newly formed venture capital arm of Kuwait's biggest telecoms provider Zain Group, closed its first two investments in Dubai-based …

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Kuwait announces 2-day official holiday for Islamic New Year

Kuwait City: The Kuwaiti government has announced that August 8-9 will be a public holiday in celebration of the Islamic New Year. Although the Islamic …

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Mikel: Ex-Super Eagle's jersey number at Kuwait Sporting Club revealed

Ex-Super Eagles captain John Obi Mikel is among the players who were unveiled by Kuwait Sporting Club. The 34-year-old midfielder opted to join …

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