The Director of the Air Transport Department at the Directorate General of Civil Aviation (DGCA), Abdullah Al Rajhi issued a circular stating that as of March 7 the Kuwait International Airport will operate 24 hours. According to the circular, all operating airlines were informed by the change and were informed […]
Category: Business
Business-related news
Iran Dictates Obligatory quarantine for travelers from Europe
Travellers from other regions, including neighbouring countries, will have to have tested negative before arrival in the country, Alireza Raisi, spokesman for the national coronavirus task force, said on state TV. Raisi said travellers arriving from Europe should be holding negative test results, will be tested again and will have […]
GameStop’s Reddit setting the eye over social media forums
Social media services including Facebook Inc and Reddit restrict discussions about weapons, drugs and other illegal activity, but their rules do not specifically mention another lucrative regulated good: stocks. Some people think they should. Users of a Reddit group, in which 5 million members exchange investment ideas, generated significant profits […]
Kuwait projects a huge budget deficit, once again
The Cabinet yesterday approved the 2020/2021 budget projecting yet another huge deficit for the sixth year in a row due to lower oil prices and production as Kuwait complies with the OPEC+ output cuts to support prices. The deficit is projected to reach KD 7.72 billion, even higher than the […]