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Kuwait News Update February 4, 2021

February 4, 2021

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Kuwait's sovereign wealth fund, in the middle of a lawsuit with former managers at its U.K. office, says diplomatic immunity means it can avoid handing …

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Kuwait's government has transferred the last of its performing assets to the country's sovereign wealth fund in exchange for cash to plug its budget …

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KUWAIT (Reuters) – Kuwait said on Wednesday it will suspend entry for non-citizens for two weeks from Feb. 7 after a rise in coronavirus cases, while …

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Given that KIO was part of Kuwait's diplomatic mission, it followed that it enjoyed diplomatic inviolability for its archives and documents under Article 24 of …

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Fitch affirmed Kuwait's long-term rating at “AA”. The rating agency said the outlook change reflects near-term liquidity risk associated with the imminent …

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LONDON (Reuters) – A lawyer representing the Kuwait Investment Authority's London office has told an employment tribunal that the fund should be …

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Ratings agency Fitch this week downgraded Kuwait's outlook to “negative” from “stable”. Kuwait has announced plans to move towards fiscal …

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Fitch Ratings, which cut its ratings outlook on Kuwait to negative on Wednesday, has forecast that the oil producer's economy will stage a modest …

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Fitch affirmed Kuwait's AA rating but said “the imminent depletion of liquid assets” and “absence of parliamentary authorization for the government to …

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