May 18, 2004
DiaSys Corporation, a global healthcare products company, Monday announced, through its subsidiary DiaSys Europe, that it had recently made new distributorship agreements in Kuwait, Oman, Bahrain and
May 16, 2004
The Kuwait Petroleum Company International (KPCI) profits for the financial year 2003-2004 hit a remarkable record of US$70 million compared to losses of US$ 98 million the year before. KPCI sai
Dubai Electricity and Water Authority's (Dewa) 'L' station in Jebel Ali will be built by ETA Electric Company LLC, Abu Dhabi.
May 12, 2004
Egyptian singer Ruby is scheduled to stand trial after being accused of practicing the profession of singing without obtaining a permit from the Egyptian Music Syndicate
The Group General Manager of Bahrain-Kuwait Insurance Company (BKIC), Ebrahim Al Rayes, announced that BKIC achieved a 75 per cent increase in its net profit for the first quarter of this year.
May 11, 2004
Kuwaiti Foreign Minister Sheikh Mohammed Sabah Al-Salim Al-Sabah arrived in Beirut on Monday evening on an official visit to Lebanon. While in Beirut
An American civilian was found dead near a highway overpass in Baghdad, the US military said Tuesday. There were signs of trauma on the corpse, the mi
Kuwait earned $23.49 billion in fiscal 2003-2004 – the highest in three decades, according to a report released by the National Bank of Kuwait.
World oil prices fell from their 13-year peaks of $40 a barrel Monday as leading world exporter Saudi Arabia said Opec should raise supply to stop high prices hurting world economic growth.
May 10, 2004
The Omani State Council Sunday held its 13th meeting of the year under the chairmanship of Dr. Yahya bin Mahfoudh al-Manthri, Council President. Havin
Kuwait's real estate market expanded substantially last year with sales and prices of land plots exceeding the most optimistic projections, a report published recently by the Kuwaiti Real Estate Bank
May 9, 2004
Electricity and energy ministers of the GCC states approved in Kuwait City Saturday funding for a plan to link power grids, Kuwaiti Energy Minister Sheikh Ahmad Fahd Al Sabah said.
Salala Ports Services Company signed a 110 million USD loan agreement with three banks to finance a project for Dock 5,6 equipments and another one to extend the wave breaker.
May 6, 2004
Israeli soldiers stationed on occupied Shebaa Farms, on the Israel-Lebanon border, encountered two groups of potential infiltrators approaching from L
Qatar's US$15 billion tourism master plan will get a further boost from the government's decision to allow 100% foreign investments in tourism-related