March 31, 2004
Bahrain-based Islamic investment company, Gulf Finance House (GFH) has announced a plan to launch a sectoral Islamic fund which will act as a vehicle for regional pension and social insurance funds to
Bates PanGulf has celebrated a record year of growth by establishing its regional headquarters in a new location in Dubai and announcing that it now offers integrated communications services across si
March 30, 2004
Lord Mayor of London Alderman Robert Finch arrived in Riyadh Monday night on a four-day visit to Saudi Arabia. According to SPA news agency, at King
A religious scholar in Kuwait issued a fatwa demanding the banning of the film “The Passion of the Christ”, by Mel Gibson from being screened in the Islamic world
March 28, 2004
The United States must help Iraq realize wealth quickly -- in addition to giving Iraqis more responsibility -- in order to make the Arab state more secure, politically stable and economically viable,
First Calgary Petroleums (FCP) has announced the commencement of production testing operations on the MLE-5 appraisal well and drilling operations on the LEC-1 and ZCH-1 exploration wells. On FCP's L
Rating agency Capital Intelligence has raised the long term foreign currency and financial strength ratings for Kuwait's Gulf Bank to A. Other ratings remain unchanged, reported a press release.
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