May 26, 2004
The state-owned Kuwait Oil Tanker Co. (KOTC) plans to build nine new vessels, including two giant crude tankers, at a cost of $600 million, its chairman said in comments published Tuesday. Abdullah
Kuwait's nominal Gross Domestic Product (GDP) amounted to KD12.7 billion (some US$ 43 billion) in 2003, up by 18.3 percent compared to the previous year's, an unofficial report by the Kuwait-based Glo
Abu Dhabi's non-oil trade surged by nearly 18 per cent in the first quarter of this year as the Emirate pushed ahead with an export drive and imported more products to meet growing business, according
The civil aviation authorities of Qatar and Kuwait Tuesday signed a Memorandum of Understanding (MoU) to increase from seven to 10 the number of weekly flights allotted to each. The agreement was si
Iraqi interim government issued an urgent call for help from donor countries Tuesday.
May 24, 2004
Jordan's Ministry of Interior Spokesperson stated Sunday that the news published by the Kuwaiti newspaper Al Rai Al Aam regarding the kidnapping and t
The Gulf Investment Corporation (GIC), a business company owned by member states of the Arab Gulf Cooperation Council (GCC) signed on Sunday a $200 million deal to establish a steel plant in the Unit
Following the rebranding of Le Meridien Kuwait this year, the luxury hotel group will introduce the second phase of its four-project expansion in the country with the opening of the 70-room Le Meridie
The Israel Electric Corporation (IEC) board of directions on Sunday approved the natural gas deal with Egypt, despite harsh criticism from some board members and the Ministry of National Infrastructur
May 20, 2004
Jonathan Lyon, a senior international banking executive with a career of almost 30 years with BNPParibas, has been appointed chief executive officer of Burgan Bank, Kuwait’s technology-leading bank. H
PACC Electronic Engineering & Emerging Technologies announced Thursday the signing of a joint venture agreement whereby a new company will be formed and named SPEAKATEL.
May 19, 2004
Damascus Governor Dr. Mohammed Al-Mofti began Wednesday an official visit to Kuwait, confirming the depth of bilateral relations between the Syrian a
Large groups of people launched anti-US rallies in Tehran's streets Wednesday to condemn sacrilege on holy Muslim sites in Iraq by the occupying troop
May 18, 2004
Two American troops were killed in fighting in the al-Anbar province in western Iraq, the US military said on Tuesday.
Egyptian belly dancer Lucy has recently participated in the Oriental Dance Festival in Paris-France, after receiving a special invitation by the head of the festival