Kuwait

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.

September 7, 2014

The recent flare-up of violence in Iraq is past its worst and Kuwait Energy is keen to invest more in the country because of its potential, Chief Executive Sara Akbar said.
04:55 GMT

Several oil companies in Iraq's Kurdistan region withdrew staff last month after Islamic State militants approached Erbil, the region's capital, threatening its vast oil infrastructure.

September 3, 2014

Tareq Al Ali's health is on the up and up. (Image: Facebook)
09:43 GMT

High fever and a severe case of the flu sent the Kuwaiti comedian actor to the hospital recently.

September 1, 2014

The Starbucks program is currently available in Bahrain, Kuwait, UAE, Qatar, Oman, Saudi, Lebanon, Jordan and Egypt (File/AFP)
08:15 GMT

Global coffee chain Starbucks launched a 'Branded Solutions' scheme, where businesses in the MENA region can supply quality coffee to the workplace.

August 28, 2014

The Kingdom’s annual rate of energy consumption exceeded 5 percent while the economic growth rate reached 4 percent
07:13 GMT

Although the Kingdom has the largest oil reserves in the world and occupies the fifth place in terms of natural gas reserves, yet according to a report by oil specialist the Kingdom faces many challenges as a result of a number of different factors, including its need to meet the requirements of development.

August 27, 2014

A Kuwaiti man withdraws cash from an ATM machine (File/AFP)
06:55 GMT

Bahrain's Gulf Finance House Wednesday signed a $105 million deal with Kuwait Finance House in the wake of the global finance crisis, which hit the Middle East.

August 21, 2014

 In November 2008 Bank Sarasin made margin calls which the claimants did not meet. Bank Sarasin closed out the investments; with the consequence that the Khorafis suffered substantial losses.
23:28 GMT

The case dates back to 2007 and early 2008, when on the introduction of Sarasin-Alpen, the Khorafis purchased structured financial products from Bank Sarasin.

August 18, 2014

Kuwait´s parliament, where Member for Parliament Abdul Hameed Dashti said he would call for a debate about misbehaving Kuwaitis abroad (Yasser al-Zayya, AFP).
13:09 GMT

Two Kuwaiti parliament members have demanded that the passport of any Kuwaiti who tarnishes the country’s image and reputation abroad should be revoked.

August 17, 2014

The oil share of GDP remained however near its recent highs at 66 per cent (including refining).
20:31 GMT

The sector continued to recover from the 2008 crisis and its related weakness that lingered until 2010.

August 11, 2014

Dubai-based brokerage Arqaam Capital last year valued OSN at $4.3 billion.
04:55 GMT

The TV company has operations across Mena, and posted earnings of 139.5 million dinars ($494 million) in 2013.

August 7, 2014

The latest US country report on terrorism said there were increased reports in 2013 of Kuwait-based private individuals funnelling charitable donations.
11:03 GMT

The Islamic Affairs Ministry announced the same day it was suspending all types of fund-raising inside mosques, including for the “Syrian people”.