January 31, 2022

Kuwait cabinet okay frontliner incentives given within a month

Kuwait’s cabinet at a session on Monday agreed to hand out financial incentives to over 50,000 COVID-19 frontliners, including 1,370 illegal residents, within a month.This decision comes after the list of those entitled to the handouts, as per the dire…

CBK allocates bonds, tawarruq valued at KD 240 mln

Central Bank of Kuwait (CBK) announced on Monday allocating bonds and “tawarruq” at the value of KD 240 million (around USD 792 million).The CBK issued a statement saying that the maturity period is three months, with a yield rate of 1.125 percent.The…

Iraq Ranks Fourth Largest Oil Exporter To South Korea

The South Korean Customs Administration announced today, Monday, that Iraq ranked fourth as the largest oil exporter to South Korea during 2021.The administration stated in its statistics, that “Iraq came as the fourth largest oil exporter to South Kor…