Kuwait air traffic returns to normal, flights resume QatarEnergy announces new oil discovery offshore Namibia UAE developer Alef launches $1.1bln mixed-use development in Sharjah ADNOC eyeing Canada upstream and LNG opportunities via XRG arm, executive says Dubai real estate deals in April surge to $18.7bln Saudi's SAMA mandates advance notification of investment rounds by financing companies Qatar maritime trade activity accelerates in May Oil steadies as uncertainty over US-Iran talks keeps markets on edge Qatar: Relatively hot daytime conditions expected, moderate night Dubai Centre for Family Businesses explores ways to strengthen business adaptability Saudi Crown Prince, UAE President discuss regional security and cooperation UAE President and Qatar’s Emir discuss fraternal ties and regional developments in phone call Flydubai operates 3,800 flights in March, posts high net promoter score Oman Investment Bank names new CEO Saudi sovereign investor PIF mandates 3yr, 7yr, 30yr USD issuance Abu Dhabi's TA’ZIZ Methanol JV secures $2bn financing for methanol plant Emirates airline posts record net profit despite war impact Qatar unveils support package to steady markets, boost investor confidence Saudi Vision 2030 milestones forge a stronger, diversified, and resilient economy Abu Dhabi non-oil trade jumps 36% to $113bln in 2025; exports rise 63% Qatar's GTA extends 2025 tax return submission deadline until June 30 Qatar targets strategic FDI as global competition intensifies New pharma plant opens in Nizwa, boosting Oman’s drug security Jeddah Tower hits new construction milestone; tops 100 floors Qatar’s banking assets touch $596bln in February: QNBFS Dubai Holding Real Estate, ENBD partner to offer financing for key projects Ajman DED issues 1,617 new licences, renews 8,777 in Q1 Saudi: SFDA begins classifying fines according to size of establishment in bid to support MSMEs Burjeel Holdings strengthens growth outlook Saudi Arabia raises its oil price for Asia

Log in

عربي

Media Centre

Home » Media Centre

Kuwait Cabinet approves bill on multinational entities' taxes law

Kuwait Cabinet approves bill on multinational entities' taxes law

Kuwait Cabinet approves bill on multinational entities' taxes law

Dec 26, 2024

KUWAIT -- The Cabinet extolled the good organization of opening the Arabian football cup, KhaleejiZain 26, launched on Saturday at Jaber Al-Ahmad International Stadium, under the auspices of, and in the presence of, His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, and in the attendance of His Highness the Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah.

The Cabinet expressed great gratitude and thanks to all teams tasked with organizing the tournament currently hosted by Kuwait from December 21 until January 3 for their efforts and action that resulted in the success of the opening ceremony.

The opening ceremony was in good shape that lives up to Kuwait's position at sports arenas, Al-Mousherji added. The Cabinet commended the role by Minister of Information and Culture, and Minister of State for Youth Affairs and head of the supreme organizing committee Abdulrahman Al-Mutairi, and all members and heads of sub-committees, as well as Chairman of Kuwait Football Association Sheikh Ahmad Yusuf Saud Al-Sabah, along members, Acting Director General of the Public Authority for Sports Bashar Abdullah, all officials, public and private sectors, volunteers and civil society organizations.

Meanwhile, His Highness the Prime Minister Sheikh Ahmad Abdullah Al-Sabah told the ministers about the outcomes of Indian Prime Minister Narendra Modi and his delegation's official visit to Kuwait on Saturday and Sunday.
They were told about the gist of Modi's meetings with His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah and His Highness the Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah.

His Highness the Prime Minister also referred to his official talks with his Indian peer that focused on means of boosting bilateral historic relations for wider horizons in all fields to serve the two peoples' interest.

His Highness the Prime Minister pointed to a defense memorandum of understanding signed between the Kuwait and Indian governments, in addition to a sports executive program for 2025-2028 and other deals on enhancing cooperation between the two sides.

His Highness the Prime Minister also told the ministers that Kuwait and India agreed, during a joint statement, on upgrading their ties to the strategic partnership based on deep-seated and cordial relations.

Furthermore, First Deputy Prime Minister, Minister of Defense and Minister of Interior Sheikh Fahad Yusuf Saud Al-Sabah detailed the ministers about the results of his official visit to Saudi Arabia on Sunday and Monday, and official talks with Saudi Interior Minister Prince Abdulaziz bin Saud bin Naif bin Abdulaziz.

He said they discussed some security topics of mutual concern, and reviewed security ties between the two countries, and means of boosting them.
He further stated that they focused on a mechanism of coordinating joint efforts to face international and regional challenges in a manner that achieves security and stability in the two states.

Sheikh Fahad Al-Sabah affirmed the deep-seated relations between Kuwait and Saudi Arabia, and keenness of their leaders and governments on bolstering security integration and continuing joint coordination in all issues of mutual interest, Al-Mousherji noted.