Kuwait: Kuwait Ministry of Finance does not recognize the virtual currency ‘Bitcoin’ and forbids its trading in the Kuwaiti financial institutions, local news paper Al-Rai reported quoting sources.
Kuwait City: Souq Mubarakiya is poised for closure during the last days of Ramadan, as another “Souq Mubarakiya Strike” is expected because the shop owners completely refuse the intention to increase the rents by 500 percent.
Kuwait/Dubai: Kuwait, under financial stress due to low oil prices, plans to end all forms of public subsidies by 2020, a report published yesterday said. But in a tweet late yesterday, the finance ministry denied it plans to end subsidies.
