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Kuwait News Update January 28, 2022

January 28, 2022

NEWS

Fitch Downgrades Kuwait to 'AA-'; Outlook Stable

Fitch Ratings-Hong Kong-27 January 2022: Fitch Ratings has downgraded Kuwait's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'AA-', …

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Kuwait Credit Rating Cut to AA- by Fitch on Continuing Political Constraints – Bloomberg

Kuwait was downgraded by Fitch Ratings, which cited ongoing political constraints on decision-making in the oil-rich nation.

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Fitch downgrades Kuwait one notch citing 'political constraints' | Reuters

Fitch Ratings said on Thursday it downgraded Kuwait's credit rating to 'AA-' from 'AA', citing “ongoing political constraints” that hinder the oil …

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Kuwaitization policy loosing skilled expats workforce – ARAB TIMES

KUWAIT CITY, Jan 27: An analysis by Economic Observer pointed to the demographic imbalance in Kuwait which consists of 3 million expats which …

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Kuwait to witness very cold weather at night on weekend, frost in desert – Arab Times

KUWAIT CITY, Jan 27: The Kuwait Meteorological Department said that the country's weather on Thursday will be moderate, with southeasterly winds …

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US, Kuwait Warn Of Iran's Destabilizing Actions In Region

The United States and Kuwait have warned of threats posed by Iran to the stability of the region, reaffirming a shared commitment to promoting …

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Insurance companies to implement policies of '60's' – ARAB TIMES – KUWAIT NEWS

KUWAIT CITY, Jan 27: The Union of Insurance Companies will hold a meeting in the coming few days with the Public Authority for Manpower (PAM) to …

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'Convert unused leave to money' – ARAB TIMES – KUWAIT NEWS

KUWAIT CITY, Jan 27: MP Marzouq Al-Khalifa has submitted a bill on amending Oil Sector Labor Law number 28/1969 by adding an article on allowing …

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Hussain on Kuwait Rating Cut, EM Fixed Income – Bloomberg

Kuwait has been downgraded to AA- by Fitch Ratings, which cited ongoing political constraints on decision-making in the oil-rich nation.

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Kuwait's credit rating downgraded to 'AA-' by Fitch | Arab News

RIYADH: Kuwait has had their long-term foreign-currency issuer default ratings, or IDR, downgraded from 'AA' to 'AA-' by Fitch Ratings.

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