KUWAIT CITY: Marmore report stated that the Parliamentary Financial and Economic Affairs Committee of Kuwait has approved bills for imposing tax on remittances of expatriates, based on their income level. The tax rate suggested starts at a modest one per cent for remittance under KD99 and goes all the way to five per cent for remittance beyond KD500.
Kuwait’s Jazeera Airways inks $1.3 billion engines deal
Kuwait-based Jazeera Airways has signed an agreement with CFM International to support the LEAP-1A engines that power the airline’s fleet...