Monday, August 24
Kuwait has fixed the fee for entry and visit visas at KD10 per month under new executive regulations on the residence of foreigners, which came into force on December 23, according to local media reports, as cited by Gulf News. The updated rules are issued under the executive regulations of the Decree Law on the Residence of Foreigners. The Interior Ministry said the changes are aimed at regulating residency procedures and standardising fees across visa categories. The regulations apply to visitors, residents, investors and employers. Under the new framework, entry and residence visas for foreign investors will be issued on request from the Kuwait Direct Investment Promotion Authority (KDIPA). Ordinary residency permits for eligible foreign investors can be granted for periods of up to 15
India dominated global primary market activity in November, topping initial public offering (IPO) volumes with 22 listings during the month. It also ranked second by funds raised, trailing only China, with public issues worth $3.7 billion compared with $6.3 billion in the dragon nation and ahead of the US at $2.4 billion.The global primary market remained resilient, with over 100 companies collectively raising approximately $16 billion through IPOs worldwide. Asian markets played a dominant role, accounting for more than $12 billion of the total capital raised, Sebi bulletin released on Wednesday said.Asian and other emerging economies witnessed sustained primary market activity, leading to their outperformance over the developed markets. Europe recorded comparatively subdued IPO issuance,
As Indian equity markets continue to scale new highs, investors are increasingly recognising that long-term wealth creation cannot rely on domestic opportunities alone.With India accounting for just a small share of global market capitalisation, a large universe of innovation, growth themes, and diversification benefits lies overseas.In this interaction with Kshitij Anand of ETMarkets, Inderbir Singh Jolly, CEO of PL Wealth Management, explains why allocating 10–20% of a portfolio to global assets is becoming a prudent strategy for most Indian investors.He outlines how global exposure can enhance resilience through access to international themes, currency diversification, and broader market opportunities—making global investing a core, rather than optional, element of modern portfolios
