Kuwait has signed a $4.1 billion agreement with China to complete the construction of the Mubarak Al-Kabeer Port, a flagship infrastructure project aimed at boosting the country’s role in regional and global trade. The deal reflects Kuwait’s broader efforts to diversify its oil-dependent economy. Read More: Resource-rich Gulf envisages stronger ties with China The State Audit […]
Kuwait
OPEC+ quota shake-up sparks Gulf oil investment race
OPEC+ announced a new system to set oil production quotas, aiming to reward investment and stabilize markets. The Maximum Sustainable Capacity (MSC) mechanism will assess members’ production potential for 2027. Gulf producers and other members are expected to increase spending to expand output under the new system. The MSC review runs from January to September […]
Kuwait expands long-term residency permits for expatriates
KUWAIT CITY: Kuwait has expanded its residency framework, allowing eligible expatriates to obtain long-term residence permits of up to 10 or 15 years, according to new executive regulations, Al Qabas reported. The reforms target investors, property owners, and certain family categories, aiming to encourage long-term stability among foreigners contributing to the country’s economy. Read More: […]
$25 million from Kuwait fuels Pakistan’s hydropower ambitions
Pakistan and Kuwait signed the second loan program for the Mohmand Dam Hydropower Project. The agreement provides Pakistan with $25 million. Officials from the Ministry of Economic Affairs and WAPDA attended the signing. Fahad Hesham, Deputy Head of Mission at the Kuwaiti Embassy, represented Kuwait. The ceremony was held at the Ministry of Economic Affairs […]
Pakistan eyes $2.9B investment from 5 key allies
Pakistan expects to receive $2.9 billion in investments from five friendly countries this fiscal year. The Special Investment Facilitation Council (SIFC) identified the United Arab Emirates, Kuwait, Saudi Arabia, Qatar, and Azerbaijan as key investors. These projections are part of Pakistan’s 2025-26 annual economic plan. The government aims to boost the economy and create jobs […]
Pakistan, Kuwait sign key cooperation deal
Pakistan and Kuwait have agreed to strengthen cooperation in several important areas. These include trade, investment, energy, food security, and defense. The agreement came during a meeting held on the sidelines of the UN’s Two-State Solution Conference. Both countries also vowed to increase collaboration on global platforms like the United Nations and the Organisation of […]
9 Peshawar Zalmi stars set to shine for Kuwait cricket
In a major boost for talent development in Pakistan, nine cricketers selected through Peshawar Zalmi’s talent hunt trials will now represent Kuwait in international cricket, marking a significant milestone in the franchise’s grassroots efforts. The players — Abdul Rauf, Muhammad Haroon, Haroon Rasheed, Haseeb Khan, Jehanzeb Khan, Abdullah, Muhammad Salman, Saqib Khan, and Shuraim Ali […]
PIA cancels flights to Qatar, UAE, and more after Iran strikes
Pakistan International Airlines (PIA) has suspended its flights to several Gulf countries due to escalating regional tensions. A spokesperson for the airline confirmed the decision on Monday. The suspension affects all flights from Pakistan to Qatar, Bahrain, Kuwait, and Dubai. The airline cited safety concerns as the reason for the temporary halt in operations. This […]
Trump monitors Iran’s missile strikes from white house situation room
As Iran launched missile attacks on U.S. military bases in Qatar, Iraq, Bahrain, and Kuwait late Monday night, U.S. President Donald Trump remained in the White House Situation Room with his national security team. According to the Telegraph, Trump proceeded with his scheduled security meeting at 1 p.m. U.S. time, amid growing regional turmoil. The […]
Kuwait lifts 19-year visa ban on Pakistanis
In a landmark decision, Kuwait has resumed issuing visas to Pakistani citizens nearly two decades after imposing a ban. The move ends a 19-year restriction and is seen as a major boost for Pakistan’s workforce and bilateral ties between the two countries. Pakistani nationals can now apply for work, family, visit, tourist, and commercial visas. […]