Kuwait

February 18, 2012

As Bashar al Assad follows in father's footsteps (the late Haafez al Assad had blood on his hands from Hama '82), keeping a deathly watch over his people as they are slaughtered, we ask what became of his Hippocratic oath. Assad Junior trained to save lives & sight as an eye doctor: medical care not military devastation was his calling.
22:31 GMT

Firmly into 2012, how are the Arab revolutions developing? We check in with some of the Arab protest pictures to gauge to what extent they have reached revolution saturation, or on the contrary are just getting started.

February 12, 2012

Kuwait could look to develop the exhibitions and events sector, effectively bolting-on a programme of leisure activities either before or after business people conduct their meetings
16:11 GMT

Kuwaiti is aiming to double its tourist arrivals to one million by 2015.

December 25, 2011

Dubai does it biggest and brightest! While not yet a public holiday in the UAE, you'd be forgiven for thinking you were in a festive Christmas conforming country if the malls were anything to go by. Here a tree placed to stand proud near the soaring Burj al Arab.
03:01 GMT

Christmas is observed in some Middle Eastern countries, by local peoples as well as by expatriates. How do these some 10 million Christian 'Arabs' living in the Middle East mark Christmas, with most living in Egypt, Lebanon, Syria and Palestine? Christmas visits smaller Arab Christian populations in Jordan, Iraq, and even some of the Gulf states.

December 14, 2011

Sheikh Jaber
12:59 GMT

Kuwait's Emir Sheikh Sabah al-Ahmad Al-Sabah on Wednesday swore in the new cabinet

December 13, 2011

Iran & KSA: The last century felt exacerbated tensions between the 2 countries, with distinct detente, 
alternating with rapprochement, periods. Tension comes of Sunni & Shia clerics from both camps respectively deeming the other's 
religious beliefs incorrect. Iran's hardliner Ahmadinejad, is unlikely to bridge the gulf between Persia & Arabia.
13:37 GMT

The relationship of Arab and Persian can be summarized as one of antagonistic alternating bouts of best of friends with worst of neighbors!

November 28, 2011

Kuwait PM
15:19 GMT

Kuwaiti opposition lawmakers on Monday said the government has submitted its resignation amid a growing crisis over corruption accusations.

November 27, 2011

The plan aims to turn Kuwait into a regional trade and financial hub through sustaining economic development, economic diversification and GDP growth
17:17 GMT

The plan aims at decreasing the country's dependence on oil but also includes investment on raising oil and natural gas production.

November 17, 2011

With the IAEA berating Iran for its nuclear programme, it seems bewildering that the very real and present dangers of these terrifying, madcap projects have passed them by
15:32 GMT

Previous “concerns” expressed have been that Iran has vast oil reserves, so there must be a weapons-related reason to expand nuclear power.

November 16, 2011

Oil industry
07:20 GMT

According to Kuwaiti analyst, Mohamed Al-Shatti, oil prices will not drop below $100 per barrel in the coming period

October 26, 2011

OPEC’s fifth-biggest oil producer, whose air conditioners run cheaply off state-subsidised oil-fired power plants, aims to generate 10 percent of its electricity from sustainable sources by 2020
15:25 GMT

Sun-drenched Kuwait, a desert nation with no solar-power plants and electricity demand that’s growing about eight percent a year, has set the most ambitious target for using renewable energy in the Gulf region.

October 18, 2011

Sheikh Mohammad Al-Sabah
13:34 GMT

Kuwait's Foreign Minister Sheikh Mohammad Al-Sabah, a senior member of the ruling family, has stepped down, local reports said Tuesday.

October 12, 2011

Head of the Customs Department, Ibrahim al-Ghanem on Monday called on workers to end their strike
14:31 GMT

Oil exports will be hit severely within the coming few days and could lead to a halt in production” if the strike is not resolved.

September 25, 2011

The price index ended last week with a decrease amounted to 1.84%, while the weighted index rose by 1.95% compared to the closings of the week before
15:44 GMT

Kuwait Stock Exchange (KSE) ended last week in the red zone, as both its main indices recorded losses.

September 19, 2011

Raising inflation hasn't quelled consumption rates whatsoever and as a result, imports have shot up and, according to the Central Bank's figures, so have food costs
09:10 GMT

The reasons for the consumerism culture Kuwait has found itself in are three-fold, according to the economist Hajjaj Bukhadour : opportunity, population and values which are all central issues.

September 14, 2011

The rise in electricity consumption has been greatly affected by the rapid growth of Kuwait's private and public sectors and also the great infrastructure that they have which not surprising that electrical consumption has risen along with it
08:07 GMT

Increases of electricity consumption in Kuwait, and the Gulf as a whole, have steadily been on the rise and findings revealing that per capita electricity consumption is set to rise 2.5 percent per year.

September 13, 2011

gold
12:49 GMT

Despite the bustling gold souks, dry statistics show that the people and the governments of the Gulf have shunned gold in recent years.

September 7, 2011

The first session of trading after Eid Al-Fitr holiday has not seen anything new, as the problems facing the market still present due to the absence of clear mechanisms to liberalize the market
07:24 GMT

The lack of credit has gravely impacted the stock market, the lack of credit is the main reason for the imbalance between the public and private sectors.

September 5, 2011

Baseeri said the sovereign debt crisis in the United States and Europe, the loss of the Libyan oil and inflation in China were the main causes for fluctuations in oil prices
15:33 GMT

Had not a number of OPEC members, including Kuwait and Saudi Arabia, increased their oil production; so oil prices would have shot above current levels causing a global crisis and contributing to a recession in the global economy which is still recovering from the impact of the 2008 crisis.

September 3, 2011

The continuation of irresponsible consumer waste and an excessive increase in current unproductive expenditure have deepened the imbalances and the distortions in the economy
15:27 GMT

The misuse of the surplus and not investing it in the right direction has led to structural imbalances in the economy and threatens the future of the country in the implementation of programmes and financial obligations.

August 18, 2011

Kuwaiti Emir
07:48 GMT

The Kuwaiti Emir emphasized that economic security is the backbone of any country.

July 19, 2011

Kuwait's benchmark SE Price Index declined 1.6 percent to 5,973.1, the lowest since September 2004, at the 12:30 p.m. close in Kuwait City
14:29 GMT

Kuwaiti shares tumbled, sending the benchmark index to the lowest level since 2004.

July 5, 2011

Today, thousands of new university graduates are preparing to join the workforce in Kuwait (Photo credit: injaz-kuwait.org)
09:02 GMT

As a new batch of university graduates prepares to join the job market, the option for Kuwaitis of choosing between government vs. private sector jobs seems to be resurfacing with a new vigor.

June 30, 2011

Juhayman Al Otaibi was a tribal Wahhabi--a form of Salafism in Arabia--who led the siege of the Kaaba, Islam's holiest shrine, in 1979. He was part of a small group who took Salafism's frugal interpretation of Islam to heart and wanted to overthrow his own government to bring this to life.
11:13 GMT

Salafi Islam is a disparate, ill-defined notion which describes many millions of puritanical Muslims, most of whom are not violent.

Kuwait is suffering from “imported inflation” (In this photo: Kuwait City's famous towers. Credit: TrekEarth.com)
06:55 GMT

The Central Bank Governor, Sheikh Salem Abdul Aziz Al-Sabah, recently announced that the increase in inflation ratings in Kuwait is mostly due to external sources, or “imported inflation”.

June 29, 2011

Kuwait towers from below, Kuwait City
09:06 GMT

Kuwait may seek private investors to help build its largest oil refinery after a government council revived the $14.5 billion project, which stalled two years ago amid political opposition.

June 27, 2011

Iranian First Vice President, Mohammad-Reza Rahimi, and Kuwaiti Prime Minister, Sheikh Nasser al-Mohammed al-Ahmed al-Sabah, during al-Sabah's visit to Tehran in 2009
11:32 GMT

The Ministry of Commerce and Industry of Kuwait has conveyed that Iranians are contributing to the capital of 1,378 companies in Kuwait.

June 9, 2011

Kuwaitis protest in front of the parliament in Kuwait City to demand the oil-rich Gulf state's Prime Minister Sheikh Nasser Mohammad Al-Sabah resignation
07:41 GMT

Observers in Kuwait are expecting additional regression in Kuwait Stock Exchange on the background of the PM's interrogation and the ongoing political tensions.

May 29, 2011

Oprah in her Show Finale ended on her usual spiritual note, "find your calling" she urged, as this 'show' had been hers. Since her show is aired in the Middle East as well, a lot of people felt her mind should have been more opened up to our culture and reality.
14:57 GMT

Many of us can admit to having aunts, mothers, and sisters, who occasionally indulged in some Oprah time, and spent evenings with her Oprah Winfrey Show. However she leaves some with mixed feelings and the distinct impression that regarding the "Women around the World Series" said to have aired for our benefit, on an otherwise customised show for American audiences, the show was poorly researched.

Man in headdress overseeing oil retention pond
10:15 GMT

Sources in Kuwait have warned that there are signs of the beginning of a local crisis in the availability of diesel used by large trucks, factories and ships.

May 18, 2011

The Jordan bid is easy to understand, with its shared borders and historic ties to Saudi Arabia. Tribal divisions between the two were imposed only by colonialism. In terms of geography, Jordan is a natural choice for GCC membership. It even has its own ‘Gulf’ of Aqaba.
14:53 GMT

Word on the Arab street, when not debating the latest on the Arab revolutions, and the state of catastrophe in Yemen or Libya or Syria, has turned to the new bid to expand the Gulf Cooperation Council (GCC). Scrutiny lies with the two potential new candidates for entry into this Gulf state league, namely Jordan and Morocco. The twitter-sphere is buzzing (or tweeting) with humorous remarks, as well as more grave concerns around the implications of such a shift, for both sides of the equation: the new members and the former block.