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UN vote to phase out fossil fuels tests climate commitments

UN vote to phase out fossil fuels tests climate commitments

By Emma Farge GENEVA (Reuters) -Countries are set to vote at the U.N. Human Rights Council on Tuesday on a pledge to phase out fossil fuels to fight climate change, with diplomats warning that Gulf states and others may renege on previous...

Marshall Islands drops fossil fuels focus and allows UN to pass climate change motion

Marshall Islands drops fossil fuels focus and allows UN to pass climate change motion

Geneva — The UN Human Rights Council passed a motion on climate change and human rights on Tuesday after the Marshall Islands withdrew a divisive amendment that called on states to recommit to a phase-out of fossil fuels. The motion calling on...

UN passes climate change motion after Marshall Islands drops fossil fuels focus

UN passes climate change motion after Marshall Islands drops fossil fuels focus

By Emma Farge GENEVA (Reuters) -The U.N. Human Rights Council passed a motion on climate change and human rights on Tuesday after the Marshall Islands withdrew a divisive amendment that called on states to recommit to a phase-out of fossil fuels....

How oil spills are strangling the Arabian Gulf’s biodiversity

How oil spills are strangling the Arabian Gulf’s biodiversity

The turquoise waters of the Arabian Gulf, a vital artery of global energy and a cradle of unique marine life, bear a heavy, recurring burden, and the recent collision of two oil tankers off the UAE coast last month serves as a stark reminder of...

Gulf Bank wins ‘Best Sustainability Initiative of 2025’ award from Asian Banking & Finance

Gulf Bank wins ‘Best Sustainability Initiative of 2025’ award from Asian Banking & Finance

KUWAIT: In a significant recognition of its longstanding dedication to environmental stewardship and responsible business practices, Gulf Bank has been awarded the prestigious title of “Best Sustainability Initiative of 2025” by Asian Banking &...

Philippe Rahm on reconsidering the tools of the discipline with climatic architecture

Philippe Rahm on reconsidering the tools of the discipline with climatic architecture

At the time of writing this, Europe is grappling with an unprecedented heatwave. The extreme climatic conditions have forced school closures and disruption of public services in France, a sanctioned ban on outdoor work in Italy, power outages and...

Zain Summer Program’s sixth cohort embarks on immersive training in real-world work environments

Zain Summer Program’s sixth cohort embarks on immersive training in real-world work environments

Participants begin training journey in Zain branches, Kuwait News, Kuwait Times, V-Thru KUWAIT: Participants in the sixth edition of the Zain Summer Program have officially begun their training journey for this year across several of Zain’s main...

Kuwait Launches New Tax On Multinational Companies, Overhauls State Property Regulations

Kuwait has rolled out new tax regulations targeting multinational corporations and introduced sweeping reforms to the management of state-owned properties, the Ministry of Finance announced Monday. The measures, which is part of the country’s New...

Kuwait Hosts GCC Energy Workshop

Kuwait Hosts GCC Energy Workshop

Participants pose for a group photo during the Gulf Cooperation Council workshop. KUWAIT CITY, July 2: A high-level Gulf Cooperation Council (GCC) workshop on protecting the infrastructure of the oil and gas sector and crisis management kicked off...

Kuwait announces regulations for new tax on multinationals

Kuwait announces regulations for new tax on multinationals

Kuwait has revealed executive regulations for its tax on multinational entities in the country and expects the levy to add 250 million Kuwaiti dinars ($819 million) in revenues annually. The country's Ministry of Finance said the new regulations...

Kuwaiti medical graduates recognized as key to building new health projects

Kuwaiti medical graduates recognized as key to building new health projects

Photo from the ceremony honoring new medical graduates in Kuwait. KUWAIT CITY, July 2: Kuwaiti Minister of Health Dr. Ahmad Al-Awadhi emphasized the importance of capable leadership and teamwork in building the nation’s new health projects. His...

Kuwait's CMA launches regulatory framework for emerging companies on KSE

KUWAIT CITY - Kuwait's Capital Markets Authority (CMA) has officially launched a new regulatory environment to support the listing and trading of emerging companies on the Kuwait Stock Exchange (KSE), in cooperation with Boursa Kuwait. The...

Kuwait expected to award sustainable consultancy contract for power and water project in Q4

Kuwait expected to award sustainable consultancy contract for power and water project in Q4

Kuwait’s Ministry of Electricity and Water and Renewable Energy (MEWRE) is expected to award the sustainable engineering consultancy contract for Subiya Power and Water Distillation Plant Phase 2 in the fourth quarter of 2025. The tender was...

Kuwait Introduces Tax Rules, Expects $820m In Revenue

Kuwait Introduces Tax Rules, Expects $820m In Revenue

The Kuwait Ministry of Finance has issued a landmark decree introducing executive regulations for taxing multinational enterprise (MNE) groups — marking a major step in the country’s economic reform agenda and commitment to diversifying income...

Zain Launches 5G Advanced to Accelerate Kuwait's Digital Transformation and Smart Connectivity

Zain Launches 5G Advanced to Accelerate Kuwait's Digital Transformation and Smart Connectivity

Zain has officially launched its next-generation 5G Advanced network, delivering nationwide coverage across most of Kuwait. The rollout marks a major step forward in unlocking the full potential of the digital era and establishing a highly...

Kuwait takes bold step towards fairer global taxation

Kuwait takes bold step towards fairer global taxation

Monday June 30, 2025 marked a significant milestone for Kuwait’s financial landscape with the Ministry of Finance publishing the executive regulations for Law 157/2024. This legislation is a pivotal move, ushering in the implementation of the...

Global Warming Could be Driving up Women’s Cancer Risk

Global Warming Could be Driving up Women’s Cancer Risk

Scientists investigating the impact of climate change on women’s health have found that increased heat is linked to an increase in rates of breast, ovarian, uterine and cervical cancers. They looked at 17 countries in the Middle East and North...

Kuwait launches new tax on multinational companies

Kuwait launches new tax on multinational companies

Dubai: Kuwait has rolled out new tax regulations targeting multinational corporations and introduced sweeping reforms to the management of state-owned properties, the Ministry of Finance announced Monday. The measures, which is part of the...

Kuwait rolls out MNE top-up tax

KUWAIT CITY - In line with the New Kuwait 2035 vision to diversify the sources of income and achieve financial sustainability, the Ministry of Finance announced the issuance of Ministerial Resolution No. 55/2025 on the executive regulations of...

Kuwait on track to hit 95% in fresh water reserves

KUWAIT CITY - The freshwater reserves of the country have risen to 93 percent -- an indication that they are on track to reach 95 percent in the coming days. Sources said this increase reflects stability and full preparedness to meet higher demand...

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