Higher oil prices and improved domestic demand are expected to boost GDP growth in Kuwait in 2022. The government contained inflation by subsidizing food and energy prices to prevent the population from price hikes.
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Kuwaiti Ministry of Commerce and Industry acting undersecretary Mohammad Mekhlef Al-Enezi visited the Arab Brazilian Chamber on Wednesday (6) and suggested a business mission from his country to Brazil in September.
The Brazilian mission to Kuwait was received at the Kuwait Chamber of Commerce and Industry this Thursday (26). Among the topics discussed was the need to advance bilateral relations to the level of cooperation, investments, and partnerships.
The Gulf country reversed the 2020 decision not to renew work permits for expats over 60.
The government of Kuwait has a tender open until March 17, 2022 for domestic and foreign companies interested in developing four areas along the Sheikh Jaber Al-Ahmad Al-Sabah Causeway, one of the landmarks of the country.
Incorporating the theme “New Kuwait, New Opportunities for Sustainability,” the pavilion offers the country’s vision for a sustainable future, as well as its history and tradition.
Brazil’s Ministries of Economy and Foreign Affairs have reported that the Gulf Cooperation Council has concluded a safeguard investigation on imports of steel products and will not impose measures against Brazil.
Ambassador Qais Shqair, the head of the mission of the Arab League in Brazil, pens article on Kuwait’s challenge to preserve its identity while remaining a cultural trailblazer.
Diversified and sustainable economy projects account for almost half of the spending.
The Kuwait Red Crescent Society donated USD 100,000 to help the Brazilian Red Cross in its efforts to fight the pandemic, according to information by the Embassy of Kuwait to Brazil.
People who took the coronavirus vaccine or recovered from it can travel. Kuwait has also eased quarantine restrictions.
Arab countries take in 12% of exports by the Brazilian women’s footwear company, whose plans include increasing that share to 15% by the end of this year.
Brazil was not authorized to sell the product to the Arab country since 2013, when the market closed due to one atypical case of bovine spongiform encephalopathy.
The Brazilian saxophonist played a sold-out concert on Wednesday at Yarmouk Cultural Center.

