KUWAIT, Dec 16 : 1973 — The Industrial Bank of Kuwait was established with a capital amounting to KD 10 million. It is the first bank of its kind to be founded in the Arabian Gulf.
1978 — The National Cleaning Company (NCC) was founded for public cleaning tasks.
1986 — The Scientific Publishing Council of Kuwait University was established to manage scientific journals published by the university.
2003 — The National Assembly approved a bill allowing citizens of all GCC countries to acquire real estate in Kuwait.
2015 — Kuwait Fund for Arab Economic Development (KFAED) inked an agreement to lend Niger KD six million to co-finance construction of a key road.
2016 — KFAED inked a USD one million agreement with Lebanon to establish a cancer treatment center for children, especially Syrian refugees.
2023 — The Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah passed away at the age 86 after a long and illustrious career in various posts serving Kuwait and its people.
2023 — The Kuwaiti government named His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah as the Amir of the State of Kuwait. — AFP
