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KUWAIT EMIR REFORMS
Kuwait to require exit permits for foreign workers before leaving the countryKuwait is to require foreigners working in the private sector to obtain their employer's permission before leaving the country, authorities...
'Stateless overnight': Kuwait strips tens of thousands of citizenshipKuwait is revoking the citizenship of tens of thousands of people, primarily women naturalized through marriage, under the guise of reform....
Kuwait, only Gulf Arab nation with a powerful assembly, holds another election in eight monthsKuwait is undergoing elections again after eight months . The polling will close at 8 pm and the results of this will be announced on Wedne...
UAE launches new unemployment insurance schemeThe social security scheme "ensures the sustainability of a decent life for Emiratis and resident employees during their unemployment perio...
Iran closes border to Iraq, flights stop amid violent unrestIraq's military said four rockets were launched into the heavily fortified Green Zone, the seat of Iraq's government where armed clashes ra...
Kuwait crown prince dissolves parliament, calls for early electionThe move comes at a time when several opposition lawmakers are staging an open ended sit-in at the parliament complex to press Sheikh Mesha...
UAE to introduce unemployment insurance in latest economic reformInsured workers would receive some money for a limited time period if made unemployed, UAE Prime Minister and Vice-President Sheikh Mohamme...
Kuwait swears in new government amid mounting crisesPrime Minister Sheikh Sabah Al-Khaled Al Hamad Al Sabah swapped out four ministers whose selections had angered various lawmakers for less ...
Kuwait's government quits, deepening political deadlockThe prime minister must now submit the resignations to the country's ruling emir, Sheikh Nawaf Al Ahmad Al Sabah, who is widely expected to...
Kuwait emir tells parliament: reform needed, stop disputesEmir Sheikh Nawaf al-Ahmad al-Sabah took the reins in September following the death of his brother at a time the wealthy OPEC member state ...
Kuwait emir reappoints Sheikh Sabah al-Khalid as PM -state mediaSheikh Nawaf has asked Sheikh Sabah to nominate members of a new cabinet for approval, state media said. While the emir has the final say i...
Oman to introduce 5% VAT in six months' time"The implementation of the #ValueAddedTax came to ensure the sultanate's financial sustainability, enhance its competitiveness, and reaffir...
Kuwait's new crown prince pledges commitment to democracy and peaceThe assembly unanimously endorsed the octogenarian Sheikh Meshal for the role in what has been a smooth succession that retained power firm...
Kuwait's emir Sheikh Sabah al-Ahmad Al-Sabah dies at age 91"With great sadness and sorrow, we mourn... the death of Sheikh Sabah al-Ahmad al-Jaber Al-Sabah, Emir of the State of Kuwait," said Sheikh...
Kolkata-based R Tulsian & Co acquires Dubai accounting companyThe acquisition comes at a strategic time when the UAE decided to impose VAT, as part of its efforts to bring in fresh fiscal reforms.
Business leaders in Gulf region asked to invest in IndiaIndian equity is expected to register a growth between 15-18 % over the next five years and is attractive for GCC businessmen and NRIs to i...
- India, Gulf Cooperation Council have lot to learn from each other: External Affairs Minister S M Krishna
Krishna said the partnership provided solid foundation to build on as the Gulf countries embarked upon knowledge-based economic expansion.
- Geithner says force of global recession receding
US Treasury Secretary Timothy Geithner said Tuesday his country had a ``special responsibility'' to help guide the world through its worst ...
- Singapore tops in making doing business easy: World Bank
Singapore kept its top ranking for the third year in a row as the easiest place in the world to do business.
- India's tax system better than China's: PwC
India has a lower total tax rate of 70.6% as compared to China's 73.9%, while it also scores ahead of China in terms of compliance time. Ke...