Kuwait
January 22, 2004
Canada-based Syscan International has secured its first technology deal in Saudi Arabia. An initial shipment, valued at approximately $100,000 was received last week as part of a one million dollar IT
January 21, 2004
President of the Islamic Development Bank Group (IDB) Group and Chairman of the Islamic Corporation for the Development of the Private Sector (ICD) Ahmad Mohamed Ali and CEO and General Manager, Ali A
Director-General of the World Trade Organization (WTO) Supachai Panitchpakdi said that there is a “realistic chance” that Saudi Arabia will accede to the WTO before the end of this year in a speech at
Kuwait’s MTC-Vodafone has selected Harris Corporation as the prime contractor for its new multi-million dollar Integrated Network Management System Project. The project is expected to be completed in
Saudi Arabia’s conservative society may not be ready to accept the ‘Powerful Businesswoman’ into the circles of mainstream commerce just yet. Female entrepreneurs paid the price for emerging unveiled
January 20, 2004
National Bank of Kuwait reported a net profit of $412 million for 2003, a 14 percent increase over the year prior and a new record for the bank. The bank’s return on equity rose to 27.7 percent and re
National Bank of Bahrain recorded a net income of 22.4 million Bahraini dinars ($59.4 million) in 2003, rising from BD 19.25 million in 2002. At year-end 2003, NBB's total assets stood at BD 1.2 billi
January 19, 2004
Ousted Iraqi leader, Saddam Hussein, will not face trial until Iraq is in the hands of Iraqis, U.S. Secretary of State Colin Powell told Australian te
Uzbek President Islom Karimov arrives Monday on a two-day official visit to Kuwait. According to KUNA, Karimov is due to hold talks with the Amir Shei
Iran's Supreme Leader, Ayatollah Seyyed Ali Khamenei on Monday received President Mohammad Khatami on the threshold of the latter's departure for Swit
Japan's Prime Minister Junichiro Koizumi has vowed to press ahead with a full deployment of Japanese troops in Iraq as an advance team headed to the I
The organizing committee for the annual Hello February Festival in Kuwait has removed the names of Lebanese singers Nancy Ajram and Alissa after they were previously included in the list of singers to
Kuwait’s Global Investment House (GIH) launched two new funds today, the Global US Equity Index Fund, and the Global European Equity Index Fund, stated a press release. Indexing is an investment st
Spain’s Gas Natural Group has signed a contract for the purchase of 40 billion cubic meters of natural gas from the Qatar Liquefied Gas Company (Qatargas) over the next 20 years. According to the agr
Some six Kuwaiti investment groups plan to establish a cargo airline service with a capital of 100 million Kuwaiti dinars ($330 million), reported Al-Qabas . The companies forming the alliance are Al