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Kuwait Cabinet reviews progress of mega projects
KUWAIT: During their weekly meeting at Al-Seif Palace and under the chairmanship of His Highness the Prime Minister Sheikh Ahmad…
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Business
Google and Indian billionaire launch budget smartphone
MUMBAI: Online giant Google and Asia’s richest man Mukesh Ambani opened advance orders in India for an entry-level smartphone billed…
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Kuwait
MPs blame mismanagement by govt for record budget deficit
By B Izzak KUWAIT: Lawmakers yesterday blamed what they charged as government mismanagement for a record budget deficit posted in…
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Kuwait
Assembly passes budget amid quarrels, fisticuffs
By B Izzak KUWAIT: In a historic session that saw punches, quarrels and heated arguments from the start to the…
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Business
Biden pitches $6 trillion budget
WASHINGTON: President Joe Biden on Friday proposed a $6 trillion budget to “reimagine” the US economy and stave off Chinese…
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Kuwait
Assembly panel presses govt over multibillion-dinar profits
By B Izzak KUWAIT: The National Assembly’s budgets committee yesterday pressed government agencies, including Kuwait Petroleum Corp, to transfer to…
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Business
Britain slashes 2021 growth in pandemic-fighting budget
LONDON: Britain yesterday sharply cut the growth forecast of its virus-ravaged economy, warning the pandemic was still causing “profound damage”…
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Kuwait
Govt wants to withdraw KD 5bn annually from future generations fund
By B Izzak KUWAIT: The government yesterday sent a draft law to the National Assembly seeking to withdraw KD 5…
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Business
Singapore rolls out new budget boost for virus-hit firms
SINGAPORE: Singapore yesterday unveiled a fresh multi-billion-dollar package to help pandemic-battered businesses and fund a vaccination drive, as part of…
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Kuwait
Caretaker Cabinet passes budget with deficit of KD 12bn
By B Izzak KUWAIT: The Council of Ministers, acting as a caretaker Cabinet dealing with necessary matters, yesterday approved the…
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Business
Dubai cuts 2021 budget as COVID hits economy
DUBAI: A man rides his bicycle past a giant sculpture representing an old radio-cassette recorder on Jumairah Street on Dec 24,…
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Business
UAE approves spending cuts in 2021 budget
DUBAI: The cabinet of the United Arab Emirates approved a smaller federal budget for 2021 in a sign that the…
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