Kuwait

December 22, 2003

02:00 GMT

Kuwait’s Sultan Center Food Products Company has purchased an 80 percent stake in Jordan’s Safeway Company. The $17.6 million transaction will be paid over two years. The Sultan Center also plans to o

02:00 GMT

Middle Eastern crude steel production remained steady at an estimated 1.1 million metric tons in November, reported the International Iron and Steel Institute. Overall, output from the region is up 10

December 21, 2003

02:00 GMT

Saudi Crown Prince Abdullah bin Abdulaziz, met on Sunday  King Hamad bin Eisa Al-Khalifa of Bahrain. Crown Prince is heading the Saudi delegation to t

02:00 GMT

The Jordanian Parliament continued on Sunday discussing  Al Fayez government's plan and program for the second day in a session held Sunday. According

02:00 GMT

The recently announced partnership between IFA Kuwait (IFA) and Moreland Developments kicked-off with a major success in the Zimbali Auction in South Africa for local and international buyers and saw

02:00 GMT

The International Finance Corporation, the private sector arm of the World Bank Group, has approved plans on Thursday for an investment to establish an Iraq Small Business Finance Facility of up to $2

December 18, 2003

02:00 GMT

Fitch Ratings has today affirmed National Bank of Kuwait (NBK)’S ratings at Long-term A+, Short-term F1, Individual A/B and Support 2. The Outlook is Stable. The affirmation reflects NBK's track recor

02:00 GMT

The Saudi government has banned imports of female dolls and stuffed animals, giving storeowners three months to clear out any remaining merchandise. Imposed by interior minister Prince Nayef, the rest

December 17, 2003

02:00 GMT

The U.S. military is holding Saddam Hussein in the Baghdad area, a member of the Iraqi Governing Council said Wednesday.

02:00 GMT

Israel's Finance Minister on Wednesday told a conference on security issues that Israel does not face a "demographic threat" from the Palestinians, bu

02:00 GMT

Japan plans to dispatch the first of two large contingents of ground troops to Iraq in late February, a newspaper reported on Wednesday, as South Kore

02:00 GMT

Egyptian comedian actor Adel Imam admitted that he had shed tears at while watching coverage about the capture of former Iraqi President Saddam Hussein

02:00 GMT

Kuwait’s National Assembly has given its provisional approval to foreign banks wishing to operate in the emirate. A newly passed bill would amend a law allowing the Central Bank of Kuwait (CBK) to gra

02:00 GMT

Siemens Mobile has won a $8.6 million contract to provide equipment to mobile operator Asia-Cell to expand its GSM network in northern Iraq and enhance the mobile infrastructure with new installations

December 15, 2003

02:00 GMT

Kuwait's Crown Prince Sheikh Saad Al-Abdullah ‏Al-Sabah told Kuwaitis Monday that "heavenly justice was finally done" as ‏Saddam Hussein was capture