December 5, 2013
Kuwait is due to receive approximately $744 million in a few days from the United Nations Compensation Commission (UNCC) for disbursement in environmental rehabilitation
Al-Sabah was quoted in the statement as saying that in the coming period, Kuwait would give priority to the projects that affect Egyptian citizens.
December 4, 2013
Kuwait awarded Spain-based Isolux Corsan a contract worth $105 million to develop cable infrastructure in the Gulf country.
December 3, 2013
Kuwait Airways is considering issuing sukuk to finance an Airbus deal involving the purchase of 25 new planes and 12 leased aircrafts.
The NBK said the near-term outlook for exports looked solid
November 26, 2013
Sami al-Nisf was suspended after plans to buy used aircraft despite a government request to stop the deal.
November 24, 2013
In December, Kuwait Airways dropped legal cases against Iraqi Airways in return for compensation of $500 million.
November 20, 2013
Kuwaiti officials are denying that money from the Gulf country is flowing to the war-torn country of Syria to fund extremist rebel groups. However, a New York Times report issued earlier this week suggests otherwise.
Kuwait is pumping billions of dollars into projects to expand its oil production capacity to four million barrels per day from three mbpd within a strategy to maintain its position as one of the world’s largest crude exporters, a Kuwaiti official has said.
November 19, 2013
Arab and African leaders take part in a summit meeting in Kuwait city on November 17, 2013, to review steps to promote economic ties between wealthy Gulf states and investment-thirsty Africa.
London Business School has won a $38 million (Dh140 million) contract to train top managers of the Kuwait Petroleum Corporation, the largest executive education programme in the school’s history.
November 18, 2013
Kuwait announced that it will support Jordan's bid to take up the UN Security Council seat vacancy that was previously declined by Saudi Arabia earlier this year in protest to US policy in the Middle East, particularly in the context of Syria.
November 11, 2013
And the IMF does it again...
London Mayor Boris Johnson has said that the UK will iron out any difficulties faced by Kuwaiti investors interested in British investments, according to Kuwait’s official news agency KUNA.
November 4, 2013
Kuwait's advertising industry is creating jobs, boosting economic growth with investors spending an estimated 969 million in 2012 alone.