March 28, 2004
Kuwait City has jumped to top spot in worldwide rankings for hotel occupancy rates in 2003, achieving second place for revenue per available room and third-place ranking for average room rate, accordi
Representatives from The Emirates Telecommunication Corporation (Etisalat) hosted an agreement signing for the SMW4 submarine cable that will stretch approximately 20,000 kilometers between Singapore
March 25, 2004
Iraqi fighters attacked an American patrol north of Baghdad and a gunbattle left a soldier and three fighters dead, the US Army said Thursday.
Following the recent increase in the sovereign rating for the State of Kuwait, Capital Intelligence rating agency announced that the long term foreign currency rating for the National Bank of Kuwait h
The Department of Defense announced on Wednesday the award of new contracts to provide construction services under the Coalition Provisional Authority (CPA) Program Management Office (PMO). US-based
March 24, 2004
Israel troops killed three Palestinian fighters who tried to infiltrate the Tel Katifa settlement, in the Gaza Strip on Thursday night.
Qatar has declared the first secretary at the Russian embassy in Doha persona non grata and asked him to leave the country within 24 hours.
Rating Agency Capital Intelligence has raised Kuwait's long-term foreign currency rating to A+ from A, and affirmed its short-term foreign currency rating at A1. The rating agency also assigned a long
March 23, 2004
British Prime Minister Tony Blair will visit Libya on Thursday, the son of Libyan leader Col. Moammar Kadhafi has said.
Hertz Kuwait has opened a new branch in Kuwait City. Located in the newly opened Courtyard hotel, the new branch joins five other Hertz locations in the country. “We are expecting the branch to be
Kuwait's IFA Hotels & Resorts (IFA) and Africa's Sun International (SI) have signed an agreement for the development of resorts in Palm Island, Dubai, Zanzibar and the Zimbali Coastal Resort in So
US Robotics, international manufacturer of Internet connectivity solutions for small to medium businesses and home users, reported a 41 percent revenue increase in the Middle East compared to figures
Kuwait's Wataniya Telecom and Ericsson have signed a global frame agreement for the supply, installation and commissioning of GSM infrastructure and systems for networks inside and outside Kuwait. Wa
WWA Group has reported the successful completion of its largest un-reserved construction equipment auction in Dubai to date. Gross auction sales exceeded $23 million, and involved the participation of
March 18, 2004
Kuwait's Global Investment House (GIH) is currently undergoing a private placement of 15 million shares of Kuwait Reinsurance Company at 300 fils per share in addition to Global’s allotment and market