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Development of touristic facilities in Kuwait delayed due to Covid-19 - ARAB TIMES


‘Pandemic negatively hits level of liquidity at public reserve fund’
KUWAIT CITY, May 12: The Touristic Enterprises Company says it was scheduled to launch the process for the development of some touristic facilities in the country in a comprehensive manner based on the company’s strategy that was approved by the Kuwait Investment Authority (KIA). However, this has been delayed due to the exceptional circumstances that the country is going through because of the COVID-19 pandemic, reports Al-Anba daily. It explained that the pandemic has negatively affected the level of liquidity at the public reserve fund, and the Kuwait Investment Authority has requested the company to submit its perceptions regarding postponing the payments agreed upon within the framework of the strategy and the work plan. ....

Kuwait General , Muhalhal Khalid Al Mudhaf , Amiri Diwan , Khalifa Hamadah , Yacht Club , Ministry Of Public Works , People Marine Club , Economic Affairs , Kuwait Investment Authority , Ras El Ard Club , Touristic Enterprises Company , Investment Khalifa Hamadah , Entertainment City , Green Island , Marine Club , Al Shaab Entertainment Park , Al Sabahiya Park , Marah Land , Swimming Pool , Nuwaiseeb Guest , Messilah Beach , Public Works , குவைத் ஜநரல் , அமிரி திவான் , படகு சங்கம் , அமைச்சகம் ஆஃப் பொது வேலை செய்கிறது ,