ETIQUETTE: It is customary to shake hands when introducing yourself. However, it is important to allow members of the opposite sex to extend their hand to initiate the handshake. It is also not uncommon to see men greet each other with kisses on both cheeks. The dress code during business meetings is professional and conservative, and...
COSTA DEL SOL HOTEL KUWAIT Al Shaab Al Bahari, Ibn Salam Street PO Box 4141, Hawally, 32072 T: +965 1830 083 F: +965 2266 2902 www.cdshotels.co info@cdshotels.co reservations@cdshotels.co Rooms: 100 rooms and suites. Business & Conference Facilities: Six meeting rooms and a ballroom with audio-visual equipment. Health & Leisure...
Kuwait is undergoing a substantial overhaul of its legal framework to promote investment in the country, develop local business opportunities and help diversify its economy. This process has gained significant momentum during the last 10 years. To assist with this, antiquated laws are being replaced and updated, such as the Companies Law, the...
The modernisation of the country’s capital markets continued in April 2018 through the promulgation and implementation of Boursa Kuwait’s new rulebook. Its purpose is to clarify the regulatory and organisational framework of Boursa Kuwait and all other aspects of Kuwait’s stock exchange. The new rules provide, among other things, for the...
After years of abundant public spending, GCC economies experienced a direct hit on their fiscal balances caused by the 2014 fall in oil prices. As such, Kuwait is following the regional trend of pursuing economic and fiscal reform programmes. Multiple government-led initiatives seek to support economic diversification, strengthen the private...
What steps is Kuwait taking to engage in new international tax regulations and practices?
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