Kuwait
February 3, 2004
The Kuwait Oil Company (KOC) has announced that the Emirate will invite international oil firms to bid for development licenses for the northern oilfields in the second half of 2004, reported GIH. Th
Sonoran Energy has sold its interest in several non-strategic oil and gas properties in the United States, and plans to build a focused and efficient portfolio of high producing fields in Iraq and Nor
February 2, 2004
Global Investment House has introduced a new tool for investors, Al-Durra Fund, aiming to invest in Islamic companies listed in the Global Islamic Index, and in Islamic companies soon to be listed on
Algeria has maintained macroeconomic stability since the successful completion of its International Monetary Fund-supported adjustment and reform programs in 1998, despite volatile oil markets and a d
February 1, 2004
Palestinian president Yasser Arafat on Sunday said Israel is trying to "hamper the ruling of the International Court of Justice" regarding th
Iraq’s financial sector was transformed yesterday when the Central Bank extended operating licenses to the National Bank of Kuwait, UK-based Standard Chartered and the Hong Kong Shanghai Bank, ending
January 29, 2004
Yemen's Foreign Minister Abu-Bakr al-Qerbi is to visit the United States of America next Thursday in an official visit. The 26 September newspaper sa
The arrest of top al-Qaeda operative Hassan Ghul shows that Osama bin Laden's network is seeking to "establish a foothold" in Iraq, a US commander sai
The United Nations Compensation Commission transferred $18 million to the Jordanian government on Wednesday. The money will be handed over to a number of Jordanian businessmen who sustained losses as
A consortium led by the Kuwait Food Company (Americana) won the bid to acquire a 43 percent stake in the Egyptian Starch and Glucose Company, part of the Food Industries Holding Company.
The Gold and Jewelry Group has reported that sales of gold and jewelry in Dubai soared to 195 million Emirati dirhams ($53 million) in just twelve days since the start of the Dubai Shopping Festival (
Future Communications Co. International (FCCI), a value added re-seller of Nokia network solutions in Kuwait and Bahrain, has selected UK based Actix’ GPRS and GSM wireless network optimization soluti
The board of Wataniya Telecom, meeting this week in Kuwait, has outlined the company's strategy to continue investing in the expansion of the Middle East regional GSM mobile market, as well as driving
United Arab Emirates (UAE)-based IT solutions provider Emircom announced expansion of its regional operations and restructuring of its UAE based corporate offices to serve its clients in the Gulf and
January 28, 2004
Kuwaiti Foreign Minister Sheikh Dr. Mohammed Al-Sabah on Wednesday was quoted as saying that Kuwait will be the last Arab country to normalize relat