Kuwait News :

 

Latest News : Kuwait
For Kuwait – one of the world’s leading oil producers – 2009 was a year of unique challenges, both domestic and international in origin.

Latest News : Kuwait
Despite its relatively small population, Kuwait is firmly placed among the world’s most attractive and popular markets for international retail franchises.

Latest News : Kuwait Stock Exchange price index ends trade up to 6.703.2%
Kuwait Stock Exchange price index ends trade up to 6.703.2%

Latest News : Kuwait- KOTC signs KD54.6m liquefied gas plant contract
Kuwait- KOTC signs KD54.6m liquefied gas plant contract

Latest News : Kuwait rules out any attack from territory
AFP/Kuwait City Kuwait plans to buy Patriot missiles from the US but will not allow its territory to be a launchpad for attacks, the defence minister said in statements published yesterday.

Kuwait will not be 'launch pad' for US attacks
KUWAIT CITY: Kuwait plans to buy Patriot missiles from the United States but will not allow its territory to be a launch-pad for attacks, the defense minister said in statements published on Wednesday. Sheikh Jaber Mubarak al-Sabah said the planned $900-million Patriot missiles purchase is aimed at boosting the military's capability and should not be "misunderstood

Kuwait: Work ongoing to push single constituency proposal
02 September 2010 KUWAIT: Several MPs are reportedly planning to submit parliamentary requests that the National Assembly's legislative and legal committee give its approval to draft legislation proposing the abolition of Kuwait's current five-constituency system, with the existing constituencies to be merged into one.

Kuwait: Bring on the big names
Kuwait: Bring on the big names

Kuwait set to buy US missiles
Kuwait plans to buy Patriot missiles from the US but will not allow its territory to be a launch pad for attacks, says the defence minister.

Kuwait, Saudi Arabia eye gas facilities
Kuwait, Saudi Arabia eye gas facilities

Kuwait: Ministry holds meeting Telecom firms stay mum on 'charge per second'
02 September 2010 KUWAIT: Although many nations around the world have adopted a pay-per-second rate for mobile phone calls, this has yet to take effect in Kuwait.

Kuwait says not to allow attacks from its soil against other countries
Kuwait will not allow its lands to be used to launch attacks against any other country, the Gulf country's defense minister said in remarks published on Wednesday.

Kuwait Finance House Launches KFH Personal Financing-i Hajj and Umrah
Kuala Lumpur, 2 September 2010 - Kuwait Finance House Kuwait Finance House (Malaysia) Berhad (KFHMB), the first foreign Islamic bank in the country, has launched the KFH KFH Personal Financing-i Hajj and Umrah today.

'Kuwait no launch pad for attacks'
Amid Kuwait's plans to buy Patriot missiles from the US, the country's defense minister says Kuwait will not allow its soil to be used for striking other countries.

Kuwait Energy welcomes new board member
Kuwait, 1 September 2010: Kuwait Energy Company Kuwait Energy Company , one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today announced that Mr. Rabih Soukarieh has joined the company's Board of Directors as a representative of Millennium Private Equity Millennium Private Equity Energy Fund, replacing Mr. Walter Brandhuber who served ...

Kuwait banks release new magazine issue
31 August 2010 KUWAIT -- The Kuwait Banking Association has published a fresh issue of its magazine, containing in detail the findings of recent deliberations on Kuwait's national development drive.

7. Kuwait Finance House offers Hajj, Umrah financing
KUALA LUMPUR: Kuwait Finance House (Malaysia) Bhd (KFHMB) has launched a personal financing product to facilitate Muslim customers make pilgrimages to the holy cities of Makkah and Madinah.

Kuwait: Financing can go without regulation
01 September 2010 KUWAIT: The Speaker of the Parliament recently noted that the projected methods to finance the mega projects of the development plan do not necessarily need to be a draft law first, reported Al-Qabas.

Kuwait Salhia Delays Bahrain, Oman Projs Due To Crisis-Report
BEIRUT (Zawya Dow Jones)--Kuwait's Salhia Real Estate Co Salhia Real Estate Co ., which expects a good performance in the third quarter, has delayed two projects, one in Bahrain, the other in Oman, due to the fallout from the global financial crisis, Kuwait-based Al Watan daily reports Wednesday citing an executive.

Kuwait Oil Tanker to build $189m LNG plant
Kuwait Oil Tanker to build $189m LNG plant

Kuwait- Fund mechanism for debt defaulters gets approval
Kuwait- Fund mechanism for debt defaulters gets approval

U.S. judge's report favors Kuwait's Agility
U.S. judge's report favors Kuwait's Agility

US judge rules in favor of Kuwait's Agility
US judge rules in favor of Kuwait's Agility

Kuwait: Bring on the big names
31 August 2010 Despite its relatively small population, Kuwait is firmly placed among the world's most attractive and popular markets for international retail franchises.

Kuwait Records Budget Surplus of $22.3 Billion in Fiscal Year 2009-2010
Kuwait recorded a budget surplus 6.44 billion dinars ($22.3 billion) in the fiscal year that ended March 31, according to data posted on the Finance Ministry website today.

No attacks from Kuwait against other states: minister
Kuwait City (AFP) Sept 1, 2010 Kuwait plans to buy Patriot missiles from the United States but will not allow its territory to be a launchpad for attacks, the defence minister said in statements published on Wednesday. Sheikh Jaber Mubarak al-Sabah said the planned 900-million-dollar Patriot missiles purchase is aimed at boosting the military's capability and should not be "misunderstood." "We ...

Kuwait banks to adopt IBAN system by 2011 -- CBK Governor
30 August 2010 KUWAIT -- Governor of the Central Bank of Kuwait Central Bank of Kuwait ( CBK CBK ) Sheikh Salem Abdulaziz Al-Sabah said Monday the bank would introduce the International Bank Account Number (IBAN) system in a bid to modernize the country's banking system.

Kuwait posts $22.4b budget surplus
Kuwait posts $22.4b budget surplus

Kuwait: KD47m contract for road development
31 August 2010 KUWAIT: The Minister of Public Works and Municipality Affairs signed a contract and two agreements with the road development department worth approximately KD 47.263 million, reported Al-Watan.

Philips Showcases their Latest Dynamic Lighting Innovation during the Kuwait Schools and Colleges Build Exhibition
Kuwait & Dubai, UAE - Royal Philips Electronics (NYSE: PHG, AEX: PHI) along with Engineering Group from Yusuf Ahmad AlGhanim Electronics, Philips' exclusive agent in Kuwait, announces its Silver sponsorship at the First Kuwait Schools and Colleges Build Conference and Exhibition.

US judge rules in favor of Kuwait’s Agility
ATLANTA - US prosecutors failed to follow the law when they indicted Kuwait logistics company Agility for fraud over multibillion dollar contracts, according to a US magistrate judge.

Kuwait surplus tops $22bn
KUWAIT CITY: Opec member Kuwait posted a budget surplus of $22.4 billion in the past fiscal year on the back of strong oil revenues, an economic report said yesterday.

No attacks from Kuwait against other states
Kuwait city — Kuwait plans to buy Patriot missiles from the United States but will not allow its territory to be a launchpad for attacks, the defence minister said in statements published on Wednesday.

Kuwait's budget surplus hits $22.4b
Kuwait's budget surplus hits $22.4b

Zain Kuwait Launches New Mobile Broadband Services With Redknee
KUWAIT'S LEADING OPERATOR CONTINUES TO DRIVE DATA REVENUE WITH REDKNEE'S DATA RATING PLATFORM TORONTO , Aug. 31 /PRNewswire-FirstCall/ - Redknee (TSX: RKN.to - News ), a leading provider of business-critical billing and charging software and solutions for communications service providers, today announced that it is enabling Zain Kuwait's launch of mobile broadband services as the nation's ...

Minister: no attacks from Kuwait against other states
Kuwait says would not accept attacks launched from its territories against other countries.

Zain Kuwait Launches Prepaid Mobile Broadband with Policy Control
Mobile operator Zain Kuwait, that nation’s largest cellco, is launching prepaid “e-GO eeZee" mobile broadband services in an effort to woo subscribers away from landline dial-up service.

Kuwait KIA Rejects Plan To Set Islamic Body To Back Small Projs-Report
BEIRUT (Zawya Dow Jones)--The Kuwait investment Authority, or KIA KIA , has turned down a parliamentary proposal to set up a shariah-compliant specialized entity to support small projects by Kuwaiti nationals, Kuwait-based Al Anba daily reports Monday.

Kuwait Red Crescent Feeds the Fasting during Ramadan
AMMAN, August 31, 2010 (WAFA)- On the occasion of the holy month of Ramadan, the Kuwait Red Crescent Society (KRCS) has pledged US$69,000 to 'feed the fasting' in the Gaza Strip upon the directive of the President of the KRCS, Mr Barges Al Barges.

Kuwait Inflation Accelerates to 3.4% in June From 2.9% in May, KUNA Says
Kuwait’s inflation accelerated to 3.4 percent in June from 2.9 percent in the previous month, the state news agency KUNA reported today, citing the country’s central statistical office.

Kuwait, Saudi venture plans gas facilities at Khafji
Saudi Arabia, Kuwait to build facilities to collect gas; both suffer from limited gas supply.

Kuwait posts $30.3b budget surplus
KUWAIT CITY - OPEC member Kuwait posted a budget surplus of US$22.4 billion (S$30.3 billion) in the past fiscal year on the back of strong oil revenues, an economic report said on Sunday, citing official figures.

Kuwait posts $22.4 billion budget surplus in past year
KUWAIT CITY: Organization of Petroleum Exporting Countries (OPEC) member Kuwait posted a budget surplus of $22.4 billion in the past fiscal year on the back of strong oil revenues, an economic report said on Sunday, citing official figures. It is the third largest windfall in the Gulf state's history and its 11th consecutive year of budget surpluses, which have allowed Kuwait

Kuwait posts $22.4bn budget surplus on strong oil revenues
AFP/Kuwait City Opec member Kuwait posted a budget surplus of $22.4bn in the past fiscal year on the back of strong oil revenues, an economic report said yesterday, citing official figures.

Kuwait's Beckgate affair
31 August 2010 The controversy of the entry of the Israeli journalist Eldad Beck, a dual Israeli-Austrian citizen into Kuwait has occupied the media mainstream for over a fortnight. It has also added to the list of topics of our MPs to brag and chew on after iftar and at sohour in diwaniyas.

Judge blocks charges against US military supplier
The federal case against a Kuwait-based food supplier accused of defrauding the U.S. government of $68 million was dealt a stinging setback after a judge moved to block the charges.

Kuwait: Minister Safar reviews 1st report on state development plan
29 August 2010 KUWAIT -- Minister of Public Works and Minister of State for Municipality Affairs Dr. Fadhel Safar reviewed here on Sunday the first report prepared by the Deputy Prime Minister for Economic Affairs and Minister of State for Development Affairs and Minister of State for Housing Affairs, Sheikh Ahmed Fahd al-Sabah to assess the first three months of implementing the state ...

MoodyÒ€ℒs: National Bank Of Kuwait ratings reflect strong profitability, clear strategy
Moody’s: National Bank Of Kuwait ratings reflect strong profitability, clear strategy

Kuwait tourism has fallen 'into oblivion' - travel agent
Lack of proper strategy means tourism contributes just 3.7% to Kuwait's GDP.

Kuwait posts $22.4bn budget surplus in past fiscal year
This is Kuwait’s eleventh consecutive year of budget surpluses - report.

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