Tag: Kuwait
Kuwait Emir Appoints New Government, including first woman FM
Kuwait has formally appointed the 14-member cabinet on Tuesday, a month after the resignation of the previous government. Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah signed a...
Kuwait’s Petrochemical Industries Company wins best Arab Company for 2019
Kuwait's Petrochemical Industries Company (PIC) has won the best Arab company for the year 2019.
The company's chairman Hamad A. Alturkait also won the best Arab chief...
Kuwait real estate slumps over drop in commercial sector: NBK
The real estate sales in Kuwait moderated to KD 211 million in October 2019, down 31 per cent month-on-month (m/m) and 26 per cent...
World Bank asks GCC economies to focus on environmental sustainability as growth slumps
The economic growth in the Gulf Cooperation Council (GCC) is estimated to drop to 0.8 per cent in 2019 as compared to 2 per...
Kuwait’s Jazeera Airways launches direct flights to Dammam, Saudi Arabia
Kuwait-based Jazeera Airways introduced direct flights from Kuwait to Dammam, capital of the Eastern Province of Saudi Arabia. The flights will commence from December 19...
Kuwait Bourse IPO More Than 8.5 Times Oversubscribed
(Bloomberg) --Kuwait Stock Exchange’s initial public offering was more than 8.5 times covered, in the last stage of the company’s privatization process.
The capital won’t...
Kuwait to Invest as Much as $1 Billion in Saudi Aramco IPO
(Bloomberg) --Kuwait’s government will invest as much as $1 billion in the initial public offering of Saudi Aramco as the kingdom asks regional allies...
Egypt wealth fund seeks Gulf partners to lure investments
(Bloomberg) --Egypt’s sovereign wealth fund is looking to more oil-rich Gulf countries to drum up foreign investment, as the Arab world’s most populous nation...
Kuwait Emir appoints new Prime Minister, asks him to crackdown on graft
Kuwait’s Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah has appointed Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah as the country's new Prime Minister in an official decree,...
Graft Claim Roils Kuwait’s Government as Ministers Removed
(Bloomberg) --Kuwait’s caretaker prime minister stepped aside vowing to clear his name on Monday and two ministers were replaced by the emir, as an...
