Kuwait

October 12, 2003

03:00 GMT

US-based Fluor Corporation has been selected by Kuwait Oil Company, a subsidiary of Kuwait Petroleum Corporation, to provide comprehensive consulting services, specializing in project management, in s

03:00 GMT

Capital Intelligence has upgraded Jordan Kuwait Bank’s long and short-term foreign currency ratings to BB and B respectively, following the recent upgrade in Jordan’s foreign currency ratings.

03:00 GMT

Star Retail in the United Arab Emirates and KAPICO Holdings, part of Kuwait's Al-Ghannam Group, have signed a joint venture agreement to form Brewmaster Café, the master licensee that will operate Bar

October 11, 2003

03:00 GMT

The United Industries Company, part of Kuwait Projects, has reported net profits of 1.023 million Kuwaiti dinars ($3,48 million) for the third quarter of 2003, compared with a loss of KD 408.3 million

October 9, 2003

03:00 GMT

A suicide bomber detonated himself Thursday afternoon at an occupation roadblock near Tul Karem, shortly before 2 p.m. (local time), according to Isra

03:00 GMT

Chairman of the Israeli Labour Party Shimon Peres said Thursday that his party would not join the government if the National Religious Party (NRP) - a

03:00 GMT

The eldest sister of the late Egyptian actress Suad Hosni, Kawthar, surprised the entire family when she held an auction for the belongings of Suad without giving prior notice to any of the other hiei

03:00 GMT

Turkish voice, e-business and payment systems solution provider ITD signed up Techworld Information Systems as the value added reseller in Kuwait for its voice systems solutions.  As the master distri

03:00 GMT

Following the recent announcement by the Coalition Provisional Authority (CPA) in Iraq that Atheer Telecommunications had won the license to provide a mobile telecom network in the Southern region of

03:00 GMT

Fitch Ratings has assigned Kuwait Real Estate Bank (KREB) a Long-Term Foreign Currency and Short-Term Ratings of BBB+ and F2, respectively. Additionally, the agency has assigned KREB an Individual Rat

03:00 GMT

Syria criticized the US government’s preliminary approval of a sanction program against the Arab state. Syria’s official newspaper <i> Teshreen </i>, called the policy’s designers "a group of extremi

October 8, 2003

03:00 GMT

Asia-Cell, a consortium comprising Kuwait's Wataniya Telecom, Asia-Cell Telecomand United Gulf Bank (UGB) of Bahrain has been awarded the tender for the GSM license in northern Iraq.  UGB is acting as

03:00 GMT

Altitude Software will be exhibiting at this year’s GITEX Dubai within the Dubai Internet City (DIC) Community Zone. Altitude uCI is a customer interaction management (CIM) solution with full blended

03:00 GMT

Fitch Ratings has downgraded Kuwait’s Burgan Bank Long-term rating to BBB+ from A-. At the same time, the agency has affirmed the bank's Individual Short-term and Support ratings at C/D, F2 and 2, res

03:00 GMT

The National Bank of Abu Dhabi (NBAD) has announced the establishment of a managed trust company in Jersey in the British Channel Islands. To manage the Trust Company, NBAD has entered into a partners