Kuwait's 2026-2027 Budget Project Expects Deficit

Kuwait's Ministry of Finance published the budget project for the upcoming fiscal year. According to the document, a deficit of 9.8 billion Kuwaiti dinars is expected, with total revenues amounting to 16.3 billion dinars.

Kuwait's Ministry of Finance mentioned in a post on platform X that the budget project for the fiscal year 2026-2027 expects a deficit of 9.8 billion Kuwaiti dinars (32.12 billion dollars) and total revenues of 16.3 billion dinars.

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2026-02-04T10:15:30+00:00

Salama Board Approves Investment Proposal from Ishraq

The Board of Directors of the Islamic Insurance Company 'Salama' has decided to cooperate with 'Ishraq Investment' company. This step is aimed at strengthening market positions and business diversification.

Economy Politics Country

2026-01-29T07:13:06+00:00

Kuwait to Sell Stake in Oil Pipeline Network

Kuwait is preparing for a major deal, planning to sell a stake in its oil pipeline network next February. According to sources, this operation could attract up to $7 billion from foreign investors.

Economy Country

2026-01-27T19:24:22+00:00

Kuwait Sentences: Prison for Gambling and Drugs

Kuwaiti courts handed down harsh sentences to an online gambling and money laundering ring and a woman convicted of drug cultivation and trafficking, highlighting a crackdown on crimes threatening national security.

Politics Economy Health Country

2026-01-26T04:20:14+00:00

Kuwait Approves Contract for Wastewater Station with Chinese Company

Kuwait's Central Tenders Approval Board has greenlit a direct contract between the Ministry of Public Works and a Chinese engineering firm for the Northern Kabad Wastewater Treatment Station. The project's total value is nearly one billion dinars.