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KUWAIT CITY, Jan 31: The Ministry of Finance said that the expected deficit in the State’s general budget for the next fiscal year (2023-2024) is estimated at 5.053 billion Kuwaiti dinars (about 16.3 billion US dollars), after calculating the expected profits of independent entities. The Ministry of
‘14 companies bid; lowest bidder to win contract’ A newly-built house in the area KUWAIT CITY, Jan 30: After waiting for more than five years, the Public Authority for Housing Welfare (PAHW) announced the opening of the bid envelopes submitted for the tender for the construction, completion an
KUWAIT CITY, Sept 28: Kuwaiti voters, men and women, will go to the polls Thursday, in five electoral constituencies, to cast their votes and elect members of the National Assembly for the 17th legislative term of 2022. Voters will bear responsibility to reshape the course of the political scene and
KUWAIT CITY, Sept 4: The situation of the contracting companies has worsened with the scarcity of labor and the high wages, reports Al-Rai daily. The daily quoting sources said the problem has doubled what it was before the Covid-19 pandemic, and demand increased after building permits were issued t
KUWAIT CITY, June 28: The Minister of Finance and the State Minister for Economic and Investment Affairs Abdul Wahab Al-Rasheed attributed the reasons for the decrease in the subsidy component in the draft general budget for the 2022/2023 fiscal year to several reasons, most notably the reduction in