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Last Updated: Fri, May 29 2015 | 7:28 AM |
Kuwaiti power-broker Sheikh Ahmad backs Blatter for top FIFA job
Politics & Economics»

Kuwaiti power-broker Sheikh Ahmad backs Blatter for top FIFA job

Friday, 29 May 2015 11:15 AM

Sheikh Ahmad Al-Fahad Al-Sabah, one of the most powerful men in world sport, says Blatter is still right man for the job

Kuwait's Agility gets approval to issue long term bonds
Transport»

Kuwait's Agility gets approval to issue long term bonds

Thursday, 28 May 2015 2:29 PM

Chief executive quoted as Agility plans to invest $1 billion into the Egyptian market

Kuwaiti health ministry said to fire 3,000 staff
Politics & Economics»

Kuwaiti health ministry said to fire 3,000 staff

Thursday, 28 May 2015 1:37 PM

All employees on fixed wages will no longer have jobs from May 31, according to Al Anba newspaper.

Kuwait arrests 83 European woman for online soliciting
Culture & Society»

Kuwait arrests 83 European woman for online soliciting

Thursday, 28 May 2015 11:00 AM

The women allegedly advertised sexually illicit services on social networks for $495

Kuwait emir says sectarian strife biggest threat facing Muslims
Politics & Economics»

Kuwait emir says sectarian strife biggest threat facing Muslims

Wednesday, 27 May 2015 5:08 PM

Sheikh Sabah al-Ahmed al-Sabah says Muslim countries must work together to confront terrorism

Chevron says Saudi-Kuwait joint oilfield to remain shut
Energy»

Chevron says Saudi-Kuwait joint oilfield to remain shut

Wednesday, 27 May 2015 2:43 PM

US oil major says Wafra oilfield will not resume operations until difficulties are resolved

Unit of Kuwait's Mabanee to receive $495m financing
Banking & Finance»

Unit of Kuwait's Mabanee to receive $495m financing

Wednesday, 27 May 2015 1:31 PM

Mabanee, which owns and operates the landmark Avenues Mall development, says funds will be used to finance business ops

Kuwaiti-backed London theme park signs up bankers to raise $3.2bn funding
Banking & Finance»

Kuwaiti-backed London theme park signs up bankers to raise $3.2bn funding

Tuesday, 26 May 2015 2:38 PM

London Paramount Entertainment Resort is scheduled to open in 2020, is currently in the consultation stage with local interest groups

Kuwait offers amnesty to thousands of expats
Politics & Economics»

Kuwait offers amnesty to thousands of expats

Tuesday, 26 May 2015 1:45 PM

About 33,000 expats whose employers have been suspended have been given two months to find new jobs or leave the country without penalty

Kuwait's inflation soars to 3 year high
Politics & Economics»

Kuwait's inflation soars to 3 year high

Tuesday, 26 May 2015 12:48 PM

Soaring housing costs, as well as rising food prices, have seen Kuwait’s inflation climb to 3.4%, the highest since April 2012

Seven suspected terrorists arrested in Kuwait – report
Politics & Economics»

Seven suspected terrorists arrested in Kuwait – report

Monday, 25 May 2015 12:44 PM

The men are alleged to have been members of a sleeper cell that had been given orders to perform an attack similar to that which killed 21 people in Saudi Arabia this week

Kuwait Airways names banks for $400m loan
Banking & Finance»

Kuwait Airways names banks for $400m loan

Monday, 25 May 2015 10:55 AM

NBAD & Arab Banking Corporation will be lead arrangers for the Sharia-compliant loan to purchase five Airbus aircraft to be leased by the airline

Abu Dhabi bank part of $400m deal to finance new aircraft
Banking & Finance»

Abu Dhabi bank part of $400m deal to finance new aircraft

Sunday, 24 May 2015 4:11 PM

National Bank of Abu Dhabi is one of two banks picked by International AirFinance Corporation for loan for five aircraft

Kuwait's Burgan mulls UAE, Saudi, Egypt expansion
Banking & Finance»

Kuwait's Burgan mulls UAE, Saudi, Egypt expansion

Sunday, 24 May 2015 2:30 PM

Chief executive says Kuwait's third-largest lender is looking to raise share of international operations in its business

Shareholders approve $66m Jazeera Airways dividend
Banking & Finance»

Shareholders approve $66m Jazeera Airways dividend

Saturday, 23 May 2015 1:13 AM

Head of Kuwaiti airline also tells AGM that it plans to be debt-free by the end of 2015


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