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Last Updated: Sat, Feb 13 2016 | 10:37 AM |
Kuwait Petroleum International says oil prices could reach $50 a barrel mid-2017
Energy»

Kuwait Petroleum International says oil prices could reach $50 a barrel mid-2017

Saturday, 13 February 2016 2:36 PM

Bakheet Al Rashidi says a return to $60-$80 per barrel would take three years due to excess supply and slow demand

Kuwait says to sign Eurofighter deal with Italy next week
Politics & Economics»

Kuwait says to sign Eurofighter deal with Italy next week

Friday, 12 February 2016 9:36 AM

It follows an MOU worth $9bn, signed in September

UAE firm Agthia aims to double revenue to $1bn by 2020, says CEO
Retail»

UAE firm Agthia aims to double revenue to $1bn by 2020, says CEO

Thursday, 11 February 2016 9:29 AM

Agthia is eyeing acquisitions in the Gulf in the water, juices and dairy sectors with the company expecting to firm up one deal in the coming months, says CEO Iqbal Hamzah

Kuwait's Zain halts earning slump with Q4 profit rise
Technology»

Kuwait's Zain halts earning slump with Q4 profit rise

Wednesday, 10 February 2016 6:25 PM

The former monopoly, which operates in eight countries in the Middle East and Africa, made a net profit $120.4 million.

Kuwait’s Sheikh Salman presents sports revamp strategy to the cabinet
Politics & Economics»

Kuwait’s Sheikh Salman presents sports revamp strategy to the cabinet

Wednesday, 10 February 2016 12:50 PM

Report aims to upgrade the level of athletes in local and external competitions

Kuwait backs alliances against ISIL, but no troops in offensive operations
Politics & Economics»

Kuwait backs alliances against ISIL, but no troops in offensive operations

Wednesday, 10 February 2016 9:39 AM

Kuwait says constitution limits armed role

Kuwait's KPC to sell loss-making assets to cut costs
Energy»

Kuwait's KPC to sell loss-making assets to cut costs

Tuesday, 9 February 2016 7:30 PM

CEO of state-run oil company tells KUNA that costs have been cut at some affiliates by as much as 20%

Kuwait's Equate said to be in talks to refinance $6bn bridge loan
Energy»

Kuwait's Equate said to be in talks to refinance $6bn bridge loan

Tuesday, 9 February 2016 12:31 PM

Equate originally raised a $6 billion bridge loan in December to buy MEGlobal from Dow and PIC for $3.2 billion, and to refinance some of Equate's existing debt

Kuwait's Americana gives go-ahead to due diligence over $2bn stake sale
Retail»

Kuwait's Americana gives go-ahead to due diligence over $2bn stake sale

Tuesday, 9 February 2016 8:13 AM

Gulf-based investment firm, Adeptio signed an initial agreement to buy a 69 percent stake in Americana from the Al Khair holding company

National Bank of Kuwait might have to take more provisions for NPLs, says CEO
Banking & Finance»

National Bank of Kuwait might have to take more provisions for NPLs, says CEO

Monday, 8 February 2016 8:51 AM

Kuwait’s largest commercial lender reported a 6.3 per cent decline in fourth-quarter net profit to $180.8 million

Major MidEast bourses dragged lower by weaker oil, global equities
Politics & Economics»

Major MidEast bourses dragged lower by weaker oil, global equities

Sunday, 7 February 2016 7:58 PM

Saudi erases Thursday's gains, while Dubai slides in weakest volume since Jan 10

Kuwait's Americana says board to meet Monday to discuss $1.7bn stake sale
Retail»

Kuwait's Americana says board to meet Monday to discuss $1.7bn stake sale

Sunday, 7 February 2016 5:35 PM

Investment firm, Adeptio signed an initial agreement to buy a 69 percent stake in Americana from Al Khair holding

Kuwait praised for labour law changes, urged to take further steps
Politics & Economics»

Kuwait praised for labour law changes, urged to take further steps

Saturday, 6 February 2016 12:58 AM

Human Rights Watch says Kuwait has taken 'important step' in protecting domestic workers

Italy's Finmeccanica says Kuwait jets deal still in place
Transport»

Italy's Finmeccanica says Kuwait jets deal still in place

Saturday, 6 February 2016 12:57 AM

Defence firm insists contract for sale of 28 Eurofighter jets has not been cancelled

Kuwait Airways retires 1,350 nationals as it targets profitability
Transport»

Kuwait Airways retires 1,350 nationals as it targets profitability

Thursday, 4 February 2016 12:10 PM

Airline is still reviewing a plan to let go of 1,000 non-Kuwaiti staff under a plan first announced in 2014


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