Qatar and Kuwait Sign Tax Agreement to Boost Economic Ties
Qatar and Kuwait new tax agreement eliminates double taxation and strengthens financial cooperation, boosting bilateral trade and investment.
Kuwait Enforces Exit Permits, Family Visa Rules for Expats Workers
Effective July 1, 2025, Kuwait mandates exit permits for all private sector expats, alongside stricter family visa enforcement.
Kuwait Approves Public Debt Law for US$65 Billion Bond Sale
Kuwait approved its Public Debt Law, authorizing US$65 billion in sovereign and Sukuk bonds over 50 years, aiming to attract investments.
Kuwait’s New Workforce Regulations: Balancing Labor Rights and Economic Growth
Kuwait is implementing stricter housing regulations, mandating fingerprint attendance for government projects, and introducing policies that enhance labor mobility.
Corporate Tax in Kuwait: New 15% Tax Law to Impact 350 Foreign Firms
Kuwait’s new 15 percent corporate tax law is in effect from tax periods beginning on or after January 1, 2025. Read to understand how multinational entities operating in the country will be impacted.
Kuwait Investment Outlook 2025: Navigating Challenges and Opportunities
By Giorgia Sgueglia Kuwait’s economic trajectory is set for transformation, guided by the government’s Vision 2035 initiative, which aims to position the country as a financial and trade hub both regionally and internationally. This ambitious vision underscores the nation’s commitment to economic diversification, infrastructure development, and private-sector growth. Vision 2035, also known as “New Kuwait,” […]
Kuwait Proposes 15% CIT in 2025 Amid Phased Tax Reform
The draft Business Profits Tax Law introduces major changes to the corporate income tax regime in Kuwait. MNCs should note compliance rules.
Kuwait’s 2025 Holiday Schedule and Business Planning Tips
Understanding Kuwait’s 2025 holiday schedule, centered on Islamic traditions and national celebrations, is vital for effective business planning and employee engagement.
Investing in Kuwait: Vision 2035 and Strategic Development Opportunities
For entities investing in Kuwait, the GCC country presents a stable, strategically connected market with an array of opportunities in the non-oil, technology, healthcare, and private sectors, facilitated by the Vision 2035 approach.
GCC Central Banks Follow US Fed in Rate Cuts
Following the recent decision by the US Federal Reserve to lower its benchmark interest rate by 50 basis points, GCC central banks have implemented similar cuts.