Kuwait

September 26, 2012

Bidding for the new Kuwaiti Metro system is expected to be accepted by the end of this year
13:26 GMT

Bids for the proposed Kuwaiti Metro system are likely to be accepted by the end of the year. Work is expected to start in 2013 and be completed in 2020.

September 10, 2012

National Commercial Bank.
14:29 GMT

Kuwait’s inflation edged up to 3.1 per cent in July and should remain contained this year, says Daniel Kaye, Senior Economist, for National Commercial Bank

August 31, 2012

Kuwait: The Gulf state won't be arranging mass tweet-ups anytime soon. Even the ruling family aren't spared from the arrests as the Kuwaiti government cracks down on politically critical tweets. Sheikh Meshaal al-Malek al-Sabah was the latest victim, detained for his "outrageous views" online.
15:05 GMT

The Middle East's internet crackdown: For Arabs those wild days of internet freedom to blog boldly may be counted. As we write, countries in the region are clamping down on their citizen's right to surf with abandon as they introduce laws to censor and curb their online enthusiasm.

August 28, 2012

Jassim al-Saadoun, head of Kuwait-based Al-Shall Economic Consultantsز
14:16 GMT

Kuwait posted a record budget surplus of KD13.2 billion ($47 billion) in the fiscal year that ended March 31 as oil prices and output rose.

Hurghada Asian Film Festival
09:41 GMT

Sahl Hasheesh, a popular Egyptian tourist destination, will host first round of the Hurghada Asian Film Festival with the participation of 35 countries in October.

August 27, 2012

Kuwait
11:06 GMT

The government is facing a dilemma on meeting budget requirements given the lack of parliament sessions, while an ordinance to approve a new budget cannot be passed before the 2009 parliament is dissolved.

August 26, 2012

Power poles
13:51 GMT

Among the Gulf Cooperation Council (GCC) economies, Saudi Arabia can be seen as the most aggressive with respect to investments in the power sector, according to a study by Kuwait Financial Centre (Markaz).

August 23, 2012

Gulf market
13:45 GMT

Kuwait’s Wataniya rose to a two-month high yesterday after Qatar Telecom offered to buy remaining stake in the telco for $2.2 billion, while Gulf markets were mixed in muted trade post the holy month of Ramadan.

August 21, 2012

Egyptian pounds
13:18 GMT

Since Egypt's January 2011 uprising, the country has suffered from heavy falls in foreign direct investment (FDI), international foreign reserves (IFR) and tourism revenues.

August 14, 2012

Heading to Abu Dhabi on Monday is Lebanese songstress, fashion icon and Rotana superstar Najwa Karam
13:32 GMT

There are plenty of concerts happening around town to celebrate Eid Al Fitr. Showbiz Arabia rounds up who’s performing where

August 13, 2012

Tunisia: The Tunisians were the stars of the stamina events taking 1 gold, 1 silver and 1 bronze in swimming and steeplechase. Star swimmer Oussama Mellouli was the comeback kid, taking gold in the 10K after his drugs scandal five years ago. That gives him a second gold to his collection on the back of his win at Beijing.
17:13 GMT

Our panel of Arab and Middle East Olympic medal achievements from London 2012. See which Arab athlete defied the odds, broke records or fell short in his game.

August 6, 2012

Bronze medallist Fehaid Aldeehani of Kuwait celebrates during the medal ceremony for the Men's Trap Shooting Final on Day 10 of the London 2012 Olympic Games
21:17 GMT

Giovanni Cernogoraz of Croatia won the Olympic gold medal Monday in men's trap shooting.

GCC stock market
09:36 GMT

The stock markets in the Gulf Cooperation Council (GCC) rose in July, gaining 0.41 per cent after a decrease of 2.91 per cent in June, according to Kuwait Financial Centre's (Markaz) latest update on regional markets.

August 2, 2012

GCC
11:52 GMT

A proposal to turn the Gulf Cooperation Council (GCC) into a Gulf union will be reviewed by the alliance foreign ministers in September.

July 31, 2012

Gulf markets remain mixed
08:39 GMT

Dubai real estate developer Emaar Properties rallied to its highest level since April 2011 yesterday, lifted by forecast-beating second-quarter earnings, but trading across the rest of the Gulf region was more mixed.