Kuwait

March 2, 2004

02:00 GMT

Fitch Ratings has changed the Outlook on Bank of Cyprus (BOC)' Long-term rating to Negative from Stable. At the same time the agency has affirmed the bank's ratings Long-term at A-, Short-term F2 and

02:00 GMT

Kuwait's Wataniya Telecom and Jordan's MobileCom have jointly signed an agreement to allow residents and citizens of both countries to exchange MMS picture messages across both networks.  Wataniya Tel

02:00 GMT

Fitch Ratings has assigned Kuwait Turkish Evkaf Finance House Long-term foreign and local currency ratings of B+. The Outlook is Stable. At the same time, Fitch has assigned Individual, National, Supp

02:00 GMT

Bahrain-based Islamic investment bank, Gulf Finance House has raised funds worth 15 million Kuwait dinars ($52.8 million) through private placement for the Kuwait-based joint venture Gulf Development

March 1, 2004

02:00 GMT

Property developer Nakheel and Kuwait's IFA Hotels & Resorts Kuwait have announced the fifth agreement between their companies for the purchase by IFA of 150,000 square meters on the crescent at Palm

02:00 GMT

Saudi Arabia's Zamil Group has taken the necessary steps to form the Sahara Petrochemical Company which is capitalized at 1.5 billion Saudi riyals ($400 million). The private placement of shares was g

February 29, 2004

02:00 GMT

Kuwait's Wataniya Telecom has reported that its advanced GPRS / MMS service branded 'Action' is witnessing massive take-up, as the number of Action customers reached 35,000, more than double the figur

02:00 GMT

Former mayor of New York Rudolph Giuliani will make his first trip to the Middle East for the two-day Leaders in Dubai event from November 29 to 30.  Giuliani was mayor at the time of the terrorist at

February 26, 2004

02:00 GMT

Egyptian Prime Minister Dr. Atef Obeid described ‏  Egyptian-Kuwaiti relations as "very strong, deep-rooted and a role model ‏for Inter-Arab relati

02:00 GMT

The United States is providing emergency aid for the victims of Tuesday's earthquake in Morocco, the State Department announced Thursday.

February 25, 2004

02:00 GMT

Israeli armor and infantry went into downtown Ramallah and al Bireh Wednesday morning, raiding bank branches. Sources in the city said 17 Palestinians

02:00 GMT

Chairman of Kuwait Airways Ahmad Al-Zaben has offered his resignation, citing lack of government financial support. The carrier has recorded poor performance since it re-launched operations after the

February 24, 2004

02:00 GMT

Yemen's President, Ali Abdullah Saleh sent on Tuesday a cable of congratulations to Kuwaiti Emir Sheikh Jabir al-Ahmad al-Jabir Al -Subah on the occas

02:00 GMT

Prince Saud Al-Faisal, the Saudi Foreign Minister, reviewed Tuesday with his Sudanese counterpart, Dr. Mustafa Othman  Ismael, bilateral relations and

02:00 GMT

Israeli Prime Minister Ariel Sharon accused Palestinian premier Ahmed Qurei [Abu Ala] of heading a "government of murder and lies," which is "incapabl