Cassation Court Orders Defendants to Pay Fine in Army Fund Case
Learn more about the Court of Cassation’s verdict in the Army Fund case, which includes a fine of 105 million Kuwaiti dinars and prison sentences for some of the defendants.
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Student Found After Going Missing from School
Read more about the incident where a student who went missing from school was found. The education authorities used surveillance cameras to track the student’s movements and the ministers personally visited the student’s guardian.
Manila and Kuwait to Resume Sending OFWs in Early 2024
Learn more about the efforts to resume sending Filipino domestic workers to Kuwait as the labor dispute between the two countries is being resolved. The ban has been lifted, and a delegation from the Philippine Ministry of Labor is expected to visit Kuwait in December to reach a consensus. Read more about the significance of Filipino domestic workers in the Kuwaiti market and the expected timeline for their return.
The Arrival of the New US Ambassador in Kuwait
Learn more about the arrival of the new US Ambassador to Kuwait, Karen Sasahara, and her extensive diplomatic background. This development marks an important step in enhancing the relationship between the United States and Kuwait.
US Federal Reserve Unwilling to Lower Interest Rates Amid Rising Inflation, According to NBK Report
Read more about the US Federal Reserve’s reluctance to lower interest rates amid rising inflation, as reported by the National Bank of Kuwait. The minutes of the meeting emphasized caution and data-driven decision-making. Consumer confidence in the US has also declined for the fourth consecutive month, reflecting expectations of increased inflation rates.
US Federal Reserve Reluctant to Lower Interest Rates Amid Rising Inflation
Read more about the US Federal Reserve’s reluctance to lower interest rates amid rising inflation, as reported by the National Bank of Kuwait. The minutes of the meeting emphasized cautious action and the importance of comprehensive data analysis. Consumer confidence in the US has also declined, indicating expectations of higher inflation rates in the future.