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Last Updated: Wed, Nov 26 2014 | 9:24 AM |
Kuwait 'invalid election' decision due today
Politics & Economics»

Kuwait 'invalid election' decision due today

Wednesday, 26 November 2014 1:24 PM

It will be the third consecutive election to be nullified if a petition before the Constitutional Court is accepted

GCC single currency comes down to politics, says ex-IMF boss
Banking & Finance»

GCC single currency comes down to politics, says ex-IMF boss

Tuesday, 25 November 2014 10:38 AM

A former IMF chief who helped create the euro says the GCC leaders need greater "political will" if they're to establish a common monetary policy

1
Kuwait's KNPC to invest $40bn to 2022
Energy»

Kuwait's KNPC to invest $40bn to 2022

Monday, 24 November 2014 7:15 PM

Kuwait National Petroleum Co's plans include a new refinery and a clean fuels project

Dow Chemical CEO says not quitting Kuwait, but shifting strategy
Energy»

Dow Chemical CEO says not quitting Kuwait, but shifting strategy

Monday, 24 November 2014 12:25 PM

US petrochemicals giant announced plans to reduce its equity positions in all of its Kuwaiti ventures

Kuwait Airways agrees to buy 10 Boeing 777-ER planes
Transport»

Kuwait Airways agrees to buy 10 Boeing 777-ER planes

Sunday, 23 November 2014 8:45 AM

The deal has a value of $3.3 billion at list price

Russia state fund sees Middle East, Asia demand despite sanctions
Banking & Finance»

Russia state fund sees Middle East, Asia demand despite sanctions

Friday, 21 November 2014 1:40 PM

Many Western firms have been paring back their activities in Russia after sanctions

Kuwait Petroleum Corp unit signs $1 bln loan
Banking & Finance»

Kuwait Petroleum Corp unit signs $1 bln loan

Thursday, 20 November 2014 3:20 PM

Kufpec is responsible for exploration, development and production of crude oil and natural gas outside Kuwait

Viva Kuwait chairman says telco to list Dec. 14
Markets»

Viva Kuwait chairman says telco to list Dec. 14

Tuesday, 18 November 2014 5:16 PM

Announcement comes nearly 6 years after it raised $85.9m in an IPO

Kuwait's Investment Dar legal battle over Boubyan Bank stake continues
Banking & Finance»

Kuwait's Investment Dar legal battle over Boubyan Bank stake continues

Tuesday, 18 November 2014 4:54 PM

The investment firm has been embroiled in ongoing litigation since it sold the stake in the bank to Commercial Bank of Kuwait in 2008

Kuwait suspends 75 companies over 'fake employees'
Politics & Economics»

Kuwait suspends 75 companies over 'fake employees'

Monday, 17 November 2014 5:45 PM

The companies claimed a total of 500 fake Kuwaiti employees on its books in a bid to avoid sanctions

Accor signs first Novotel-branded hotel in Kuwait
Travel & Hospitality»

Accor signs first Novotel-branded hotel in Kuwait

Monday, 17 November 2014 5:20 PM

160-room four-star Novotel Sharq is expected to cost approximately $29 million to build

Kuwait mulls fines for bachelors living in family areas
Culture & Society»

Kuwait mulls fines for bachelors living in family areas

Monday, 17 November 2014 2:29 PM

The city municipality also is considering banning civil ID cards for single men living in residences designed for families but has not revealed why

Kuwait cabinet calls for steps to address oil price slide
Politics & Economics»

Kuwait cabinet calls for steps to address oil price slide

Monday, 17 November 2014 11:16 AM

Gulf state has one of the strongest fiscal positions among the Gulf oil exporters, needing a price of just $54 per barrel to balance its budget

Brent slips to $79 as Japan enters recession
Commodities»

Brent slips to $79 as Japan enters recession

Monday, 17 November 2014 10:37 AM

Iran attacks OPEC members for refusing to stabilise oil prices

UAE lists Muslim Brotherhood as terrorist group
Politics & Economics»

UAE lists Muslim Brotherhood as terrorist group

Saturday, 15 November 2014 8:56 PM

Nusra Front and ISIS also designated as terrorist organisations


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