Kuwait

Kuwait greenlights tax deal with Iraq to prevent double taxation

bne IntelliNews September 22, 2024

Kuwait has approved a tax treaty with Iraq to avoid double taxation and curb tax evasion on income and capital taxes.

Iran demands 'equal footing' with Kuwaiti and Saudi plans to drill for gas in Gulf

Newsbase Gulf bureau September 10, 2024

A senior Iranian military official on September 10 called on the oil and foreign ministries to push for Iran's right to develop a disputed gas field in the Persian Gulf.

Middle East power grid struggles as demand hits record high

bne Tehran bureau September 6, 2024

Power grids across the Middle East have faced unprecedented strain this summer, according to new data from the region on September 6.

Iraq braces for severe heatwave with temperatures to reach 49C

bne Gulf bureau July 19, 2024

Basra is expected to be the hottest region, nearly reaching 50 degrees Celsius as temperatures across the region break records this week.

Kuwait sets all-time high electricity consumption record as temperatures soar

bne Gulf bureau July 14, 2024

Kuwait experienced a record-high electrical load of 17,360 megawatts (MW) at 2 p.m. local time on July 13.

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