Kuwait

October 28, 2014

Is Shujoon Al Hajery happy to be single again?
09:29 GMT

The Kuwaiti actress out on the open market again after finalizing her divorce from husband and business manager Ahmad Al Biraiki

October 27, 2014

The report said the reserves had increased by $15.7 billion in the first six months of the year.
14:09 GMT

Kuwait had accumulated reserves of $548 billion as of June 30 after continued growth in the first six months of 2014

October 22, 2014

The accused terror cell members had planned to attack U.S. forces in Kuwait (U.S. Central Command file photo).
10:18 GMT

The individuals had planned to attack U.S. military personnel in Qatar and Kuwait.

October 20, 2014

The two governments signed the neutral zone agreement almost 50 years ago.
04:55 GMT

A Kuwaiti oil trade union on Sunday condemned the unilateral closure by Saudi Arabia of an offshore oilfield jointly operated by the Arab neighbours

October 19, 2014

Kuwait has boasted a budget surplus in each of the past 15 fiscal years, helping to increase its sovereign wealth fund to more than $500 billion, according to unofficial estimates.
04:55 GMT

Oil-rich Kuwait tripled the prices of diesel and kerosene on Wednesday, ending decades of heavy subsidies, while putting off a similar decision on electricity and water charges.

October 14, 2014

Contracts will be worth $38 billon by the year's end (File/AFP)
15:07 GMT

Kuwait's government awarded over $20.7 billion worth of contracts by the end of August, almost doubling the amount compared to 2013.

October 13, 2014

Kuwaiti logistics firm Agility said on Monday that a wholly owned unit had won an $82.5 million contract from Britain’s Ministry of Defence.
13:16 GMT

The contract, secured by Agility Defense and Government Services, will run from October 2014 to April 2016.

October 9, 2014

The meeting at this level is the first since France and Turkey signed a "strategic cooperation agreement" last January. (AFP/File)
15:32 GMT

French Foreign Minister Laurent Fabius will meet with his Turkish counterpart Mevlut Cavusoglu in Kuwait Friday to discuss the ongoing struggle against Islamic State militants.

October 8, 2014

After the deal closes in November, Chevron Canada will remain the operator and will hold a 70 per cent interest in the project.
05:55 GMT

“It’s simply a funding source that historically Chevron would not have looked at, but they are spending a lot on developing LNG and offshore so are looking at monetizing some of their assets sooner than they normally would.”

October 7, 2014

Service contracts stay within the limits of Kuwait’s constitution, which ban foreign firms from oil production in the Gulf OPEC crude exporter.
05:55 GMT

Service contracts stay within the limits of Kuwait’s constitution, which ban foreign firms from oil production in the Gulf OPEC crude exporter.

September 29, 2014

Sherine is reportedly suing the Kuwaiti Ministry of Information for canceling her concert. (Image: Albawaba edit)
13:25 GMT

Sherine Abdel Wahab, amongst many other Arab singers, has been banned from performing in Kuwait!

September 28, 2014

An F-15E Strike Eagle waits to take off before strike operations in Syria on Sept. 23. (AFP PHOTO / US Air Force)
14:15 GMT

An al-Qaeda member expressed condolences for the death of senior operative Mohsin al-Fadhli.

September 15, 2014

Under the project, the capacity of the Mina al-Ahmadi refinery will drop to 347,000 barrels per day (bpd) from 466,000, while Mina Abdulla refinery’s capacity will rise to 454,000 bpd from 270,000.
21:37 GMT

Part of the country’s KD30 billion ($104.7 billion) economic development plan, the CleanFuels Project will upgrade and expand two of the Gulf Arab state’s largest existing refinerie

September 10, 2014

The so-called offset programme was introduced in 1992 as a way of weaning Kuwait off its reliance on oil and gaining access to new technologies and training.
04:55 GMT

Kuwait is suspending a programme under which foreign winners of big government contracts are required to invest in the local economy.

September 9, 2014

In an interview with Reuters, Global’s chief executive Maha Al Ghoneim said the company was now “debt-free” following its debt restructuring last year.
17:50 GMT

Kuwait’s Global Investment House said on Tuesday it aimed to relist its shares on the Kuwaiti bourse, after its listing was cancelled last year because of accumulated debt.