Kuwait

November 14, 2000

02:00 GMT

Kuwaiti Independent Petroleum Group (IPG) said on November 12th that it is weighing investment in Zimbabwe’s downstream oil sector after renewing a supply pact with the country in late October.

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The Kuwait Stock Exchange (KSE) crashed to a five-year low on Monday, November 13, on the back of continued turmoil on the emirate's political scene. The KSE index closed marginally down at 1,342.5 po

November 13, 2000

02:00 GMT

Kuwait Airways Corp. (KAC) said Monday one of its Airbus-300 planes aborted a take-off Monday after its tires burst, bringing air traffic at Kuwait In

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Kuwait's Foreign minister, Sheikh Sabah al-Ahmad said Sunday in Doha that "there has been no Qatari mediation to solve the dispute between Kuwait and

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Osama Bin Laden, the man most wanted by the United States, has denied any link with alleged Kuwaiti terrorists and said he is not planning any attacks

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OPEC nations are tentatively planning a January meeting at which they could discuss the possibility of cutting output to prevent a supply glut, Kuwait said Sunday.

November 12, 2000

02:00 GMT

Kuwaiti coastguards on Sunday arrested four Iranian drug smugglers and seized their stash of 141 kilos (310 pounds) of hashish.

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The Kuwait Stock Exchange (KSE) slipped Sunday below the psychological barrier of 1,350 points to a three-month low on continued government-parliament

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OPEC nations are tentatively planning a January meeting at which they could discuss the possibility of cutting output to prevent a supply glut.

02:00 GMT

Kuwait has arrested two more suspected members of a "terror" group planning to carry out suicide bombings on US military targets in the emirate.

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Kuwait Petroleum Corp. (KPC) and its subsidiaries posted a net profit of 2.29 billion dollars in the last fiscal year following the surge in crude oil prices, an official report said Thursday.

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Kuwait is in favor of OPEC cutting oil output if prices fall too low next year because of a glut, oil minister Sheikh Saud Nasser al-Sabah said Saturday.

November 11, 2000

02:00 GMT

Arab League chief Esmat Abdel Meguid said Saturday that efforts were underway at the Islamic conference in Doha to launch a process of reconciliation

02:00 GMT

Kuwait's earnings from oil in the first four months of the current fiscal year have hit 6.58 billion dollars, more than the 6.27 billion dollars proje

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A Kuwaiti newspaper said thay US military experts were expected to study a possible link between a group of alleged terrorists arrested in Kuwait and