Kuwait's GDP fell during 2020 and again in 2023. Nominal GDP is projected to decline further before slowly increasing in 2027. Non-oil GDP growth came close to 6 percent in 2021 before tumbling ...

Kuwait has announced plans to implement a new 15 per cent tax on multinational enterprises (MNEs) operating across multiple ...

Kuwaiti economic experts have lauded the government’s decision to tax multinational companies, calling it a pivotal move for ...

The "Iraq route" will enhance Kuwait's image as a regional pioneer in safe digital communication and will also support ...

The sources also noted that imposing taxes on Kuwaiti citizens or local companies is unlikely, at least for now. However, increasing fees, such as residency and transaction fees for expatriates and ...

Kuwait’s new 15% tax on MNEs to strengthen national economy, minister says The implementation of a new tax on multinational entities (MNEs) in the country will help enhance the diversity and ...

The Kuwaiti Cabinet endorsed a draft resolution on issuing a law imposing a 15-percent tax on multinational entities, which ...

During PM Narendra Modi's visit, India and Kuwait agreed to elevate their ties to a ‘Strategic Partnership’ and cooperate on ...

Prime Minister Modi’s recent visit was the culmination of long-term trends in India-Kuwait relations, and India-Gulf ties ...