March 25, 2004
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
March 23, 2004
British Prime Minister Tony Blair will visit Libya on Thursday, the son of Libyan leader Col. Moammar Kadhafi has said.
Hertz Kuwait has opened a new branch in Kuwait City. Located in the newly opened Courtyard hotel, the new branch joins five other Hertz locations in the country. “We are expecting the branch to be
Kuwait's IFA Hotels & Resorts (IFA) and Africa's Sun International (SI) have signed an agreement for the development of resorts in Palm Island, Dubai, Zanzibar and the Zimbali Coastal Resort in So
US Robotics, international manufacturer of Internet connectivity solutions for small to medium businesses and home users, reported a 41 percent revenue increase in the Middle East compared to figures
Kuwait's Wataniya Telecom and Ericsson have signed a global frame agreement for the supply, installation and commissioning of GSM infrastructure and systems for networks inside and outside Kuwait. Wa
WWA Group has reported the successful completion of its largest un-reserved construction equipment auction in Dubai to date. Gross auction sales exceeded $23 million, and involved the participation of
March 18, 2004
Kuwait's Global Investment House (GIH) is currently undergoing a private placement of 15 million shares of Kuwait Reinsurance Company at 300 fils per share in addition to Global’s allotment and market
Bahrain's 29 incorporated commercial, investment and offshore banks, both conventional and Islamic, posted net profits totaling $714.8 million for 2003, an increase of 134 percent over the 2002 profit
March 15, 2004
Spain's ruling conservatives crashed to defeat in elections, becoming the first government that backed the U.S.-led war in Iraq to be voted out of off
Kuwait's MTC Vodafone Company has qualified for the final stage of the second mobile license tender in Oman, reported Al-Qabas. Oman shortlisted 10 bidders including European, African and Middle Eas
The Sharjah Cement Company recorded a net profit of 56 million Emirati dirhams ($15 million) for 2003 compared to Dh 13 million in 2002, reported KSE. The company will distribute a cash dividend of fi