October 19, 2003
The Saudi government has been footing the legal bills of nationals detained in the United States for alleged involvement in terrorist activities. The Kingdom has shelled out hundreds of thousands of d
Kuwait’s Global Investment House announced net profits of 10 million Kuwaiti dinars ($34 million) for the nine-month period ending September 30, 2003. Within this timeframe the firm reported revenues
October 18, 2003
Egyptian actress Hanan Turk was in shock when she read in tabloids that she was involved in a dispute with Egyptian actress Shireen Saif Nasr over being in a video clip with Iraqi singer Kathem El Sah
October 13, 2003
Soldiers from Turkey and other countries that border Iraq should not be allowed to take part in military operations inside Iraq, Jordan's King Abdulla
Al-Ahli Bank of Kuwait has signed the facility agreement for its debut $165 million international syndicated term loan. The loan was jointly arranged by Arab Banking Corporation and HSBC.
Dubai Duty Free reported record daily sales of 4.9 million Emirati dirhams ($1.4 million) on October 10. The record surpasses that set on December 20 last year when sales reached Dh 4.74 million.
The Kuwait Airways Corporation has turned down an out-of-court offer by Iraqi Airways to settle an $890 million reparation lawsuit. The airline offered to pay KAC $150 million in invasion-related comp
October 12, 2003
An armed Islamic group in Algeria with links to the al-Qaeda network has replaced its founding leader Hassan Hattab, accused of being weak, according
On October 5th, Israel struck what it claimed to be an Islamic Jihad training camp deep inside Syrian territory following the Haifa suicide bombing th
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
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.
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
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
A suicide bomber detonated himself Thursday afternoon at an occupation roadblock near Tul Karem, shortly before 2 p.m. (local time), according to Isra
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