Kuwait

December 30, 2003

02:00 GMT

Al-Manar Financing & Leasing has securitized 5.3 million Kuwaiti dinars ($17.9 million) of Investment Dar's account receivables. The deal is the first of its kind in the region for commercial Isla

December 29, 2003

02:00 GMT

The third plane carrying Kuwaiti relief supplies for victims of the earthquake in the Iranian city of Bam headed to this quake-hit city, director of t

02:00 GMT

The Iranian Supreme Leader, Ayatollah Seyed Ali Khamenei arrived on Monday in the southeastern city of Bam to become further familiar with the situati

02:00 GMT

Vodafone has announced its second Partner Network Agreement with Kuwait’s Mobile Telecommunications Company (MTC). This latest agreement extends Vodafone's existing relationship with MTC into the Bahr

02:00 GMT

US-based Jacobs Engineering Group has reported that a subsidiary company, in consortium with SNC Lavalin of Canada, received a bankable feasibility study for the Al-Jalamid Phosphate project, located

02:00 GMT

Kuwait’s Wataniya Telecom has reported that there has been a huge uptake of its 'Action' services over the last two months, with more than 15,000 subscribers actively using the operator's advanced GPR

02:00 GMT

The United Arab Emirates (UAE) Ministry of Information has intensified its campaign against resellers and companies using pirated software across the country. In the latest move, the Ministry in assoc

02:00 GMT

Global Finance magazine has awarded National Bank of Kuwait (NBK) the Best Trade Finance Bank in the Middle East for 2004. The awards were announced in Global Finance's issue commending the world's be

02:00 GMT

Some 82 percent of Middle East companies suffer unplanned downtime, yet IT managers are not taking the necessary measures to ensure disaster recovery (DR) plans protect their corporate data, revealed

December 28, 2003

02:00 GMT

Kuwait’s Securities House Company has sold 80 percent of its investments in US-based Medifax for 2.1 million Kuwaiti dinars ($7.1 million), according to the Kuwait Stock Exchange. The company realized

02:00 GMT

Morocco’s unemployment rate reached 11.2 percent in the second half of 2003, with over one million people without work, according to the Minister of Labor Mustapha Mansouri. These figures represent a

December 25, 2003

02:00 GMT

King Abdullah II of Jordan said that Arabs must remedy their own situations rather than interfering with others.

02:00 GMT

Kuwait’s Al-Enma’a Real Estate Company reported an increase in profits from 3.9 million Kuwaiti dinars ($) to KD 5.3 million for the year ending October 31, 2003. Equity per share raised from 12.9 fil

December 24, 2003

02:00 GMT

Asia-Cell, the consortium lead by Kuwait's Wataniya Telecom, Asia-Cell Telecommunications and United Gulf Bank of Bahrain, have signed its license for mobile operations in Northern Iraq.

02:00 GMT

More than 12 percent of Internet users in the Gulf Cooperation Council (GCC) are using broadband access, with Kuwait leading the way with 29 percent broadband Internet penetration.  Other countries wi