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Bird flu reported at some farms in Kuwait - ARAB TIMES

Messenger KUWAIT, March 10: Kuwait Public Authority for Agricultural Affairs and Fish Resources announced Wednesday the appearance of bird fl u in some poultry farms in Kuwait. The Spokesman of the authority Talal Al-Daihani said in a press statement that the authority has taken veterinary health measures and implemented an emergency plan to curb the bird fl u. He pointed out that some other countries have been informed to cooperate and join efforts to control it. (KUNA) WhatsApp

Al Ahli Bank of Kuwait reports financial results for 2020 - ARAB TIMES

Board recommends distribution of 5% bonus shares KUWAIT CITY, Feb 11: Al Ahli Bank of Kuwait (ABK) announced its financial results for the year ended 2020.  The Total Operating Income was KD 141.5 Million, an 18 percent drop compared to the same period in 2019.  The COVID-19 pandemic has greatly disrupted the business of global and local companies and led to almost a halt in commercial and economic activities locally and internationally, causing massive effects on social, commercial and economic levels.  As a result of the Board of Directors’ resolution to take prudent and proactive measures to mitigate potential credit losses resulting from some customers affected by the economic crisis caused by the Coronavirus pandemic, and especially taking into account that the pandemic has not yet ended, and still represents risks to business continuity, the Bank has conservatively taken provisions amounting to KD 136.5 Million, resulting in a Net Loss of KD 69.7 Million for the year en

Kuwait: 1,588 work permits cancelled in three days

Dubai: Kuwait’s Public Authority For Manpower has cancelled 1,588 expat work permits in three days from January 25 to 27, local media reported. According to the authority, the recently cancelled work permits were due to four main reasons - expats cancelling their work permits and leaving permanently, expats outside the country unable to renew residence permits, revocation of work permit due to death of worker, and permits being cancelled and transferred to family visa. About 30 per cent of total work permits cancelled were of those leaving the country permanently, Al Rai Daily reported.

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