‘Discrepancies in dissolution decree’ KUWAIT CITY, March 19: The Constitutional Court on Sunday declared that the decree on the dissolution of the 2020 National Assembly is unconstitutional, thereby, voiding all the consequent procedures including the call for 2022 election and election results i
KUWAIT CITY, Jan 16: According to the Central Bank of Kuwait, the current maximum interest rate on consumer loans and housing installment loans in the State of Kuwait should not exceed 6.5 percent annually (3.5 percent discount rate, in addition to a margin of a maximum of 3.0 percent under the inte
Panel invites KCCI to discuss bill on amending relevant law KUWAIT CITY, Jan 15: The Financial and Economic Affairs Committee will not withdraw reports on bills included in the agenda of the upcoming parliamentary session unless the government will submit important amendments, says Rapporteur of
KUWAIT CITY, Jan 12: The Central Bank of Kuwait reaffirmed the shortcomings of approving the loan purchase proposal, revealing that previous experiences showed that some beneficiaries of the Defaulting Fund and the Family Support Fund borrow again, in light of the additional available space for them
KUWAIT CITY, Jan 12: The Central Bank of Kuwait reaffirmed the shortcomings of approving the loan purchase proposal, revealing that previous experiences showed that some beneficiaries of the Defaulting Fund and the Family Support Fund borrow again, in light of the additional available space for them, reports Al-Qabas daily. In response to a question by