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Ministry of Finance

December 19, 2017 at 09:27

Kuwait does not recognize virtual currency Bitcoin, clarifies Ministry of Finance

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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.

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May 31, 2017 at 14:07

Souk Mubarakiya faces temporary closure during Ramadan

Souk Mubarakiya Kuwait City, سوق المباركية
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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.

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November 1, 2016 at 19:23

Kuwait plans to end subsidies by 2020

Kuwait City, State of Kuwait
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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.

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October 17, 2016 at 20:40

Kuwait Ministry of Finance to use electronic stamps from December

Ministry of Finance Kuwait
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Dubai: Kuwait's Ministry of Finance will stop dealing with traditional stamps and change to electronic ones starting next December.

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