Kuwait has revealed executive regulations for its tax on multinational entities in the country and expects the levy to add 250 million Kuwaiti dinars ($819 million) in revenues annually. The country's ...

The ministry stated that the new regulations aim to clarify and interpret the law’s provisions, define procedures and ...

The Ministry also plans to hold awareness workshops soon to explain the law and its executive regulations to the concerned ...

The decree (No. 55 of 2025) implements Law No. 157 of 2024, which brings Kuwait in line with the OECD’s Pillar Two global minimum tax framework through the introduction of a Domestic Minimum Top-up ...

The State of Kuwait showcased its commitment to achieving carbon neutrality by 2060 and diversifying its national economy ...

The economy of Kuwait has long been underpinned by the production and export of crude oil. Although the rise in energy prices in 2021-22 boosted government revenue and macroeconomic stability, the ...

KUWAIT: Zain has officially launched its next-generation 5G Advanced network, delivering nationwide coverage across most of Kuwait. The rollout marks a major step forward in unlocking the full ...

The Kuwaiti economy is driven by oil production and related industries. Kuwait holds 10 percent of the world oil reserves, some 96 billion barrels. Oil accounts for more than 90 percent of total ...

Kuwait's new government aims to support the development of the energy industry while facing calls for economic diversification to lessen dependence on oil revenues. After suffering a significant ...

“Large financial assets underpin Kuwait’s economic resilience, but these assets alone cannot substitute for the fiscal and structural reforms that would offset the risks of lower oil prices, low oil ...

Kuwait intends to reconsider its policy of providing aid to Arab and developing countries through the Kuwait Fund for Arab Economic Development, its foreign minister said on Thursday. "There are ...