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Minister of Oil and Minister ofnElectricity and Water Essam Al-Marzouq
Minister of Oil and Minister ofnElectricity and Water Essam Al-Marzouq

Kuwait's power outage rate one of the world's lowest: Minister

ANKARA: Kuwaiti Ambassador to Turkey, Abdulaziz Ahmad Al-Adwani, presented his credentials Thursday to Turkish President Recep Tayyip Erdogan during a ceremony held at the presidential palace in the capital city, Ankara.

A statement issued by Kuwait’s Embassy in Ankara, and obtained by KUNA, mentioned that Ambassador Al-Adwani discussed during the meeting mechanisms of boosting bilateral ties across a variety of fields including, economic, health, security, educational and defense industries.

The meeting also underlined keenness of both leaderships on exchanging visits, and affirmed the strength of the deeply rooted and extended relations. Ambassador Al-Adwani relayed greetings of His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah to the Turkish president. — KUNA

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KUWAIT: Kuwait’s recent enactment of Law 157/2024, alongside its executive regulations, has set the stage for a new era of corporate taxation. This legislation, which implements the BEPS Pillar Two initiative and the GloBE Model Rules, is built up...
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