Kuwait

September 19, 2000

03:00 GMT

The oil-rich emirate of Kuwait said Monday it planned to reappraise multi-billion-dollar foreign investments in light of a huge increase in oil revenues on the back of rocketing crude prices. The new

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<I>Al-Hayat</I> reported on September 10th, that the Kuwaiti Minister of Commerce and Industry, Abdul-Wahhab Al-Wazzan, has recently issued a new ruling, which permits non-Kuwaiti investors to own and

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The official Kuwaiti news agency KUNA quoted Kuwaiti Oil Minister Sheikh Saud Nasser al-Sabah on September 18th as saying that the emirate would be happy to receive independent oil field experts to as

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<I>Al-Hayat</I> reported on September 10th, that the Kuwaiti Minister of Commerce and Industry, Abdul-Wahhab Al-Wazzan, has recently issued a new ruling, which permits non-Kuwaiti investors to own and

September 18, 2000

03:00 GMT

Kuwait is planning to boost the performance of Kuwaiti investments in light of a huge increase in oil revenues.

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Kuwait contains 96.5 billion barrels of proven oil reserves (including its share of the Neutral Zone), or roughly 9 percent of the world's total oil reserves. Along with Saudi Arabia and the United Ar

03:00 GMT

Kuwait contains 96.5 billion barrels of proven oil reserves (including its share of the Neutral Zone), or roughly 9 percent of the world's total oil reserves. Along with Saudi Arabia and the United Ar

03:00 GMT

A world paper shortage and an increase in its cost has forced Kuwait's newspapers to cut their size by 10 percent. Kuwaiti dailies began shrinking two months ago when Mohammed Al-Khurafi, Kuwait's onl

September 17, 2000

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Kuwait's Al-Shall Economic Consultants warned OPEC states Saturday of "adverse consequences" from oil prices which have hit the highest level since Iraq invaded the emirate in 1990.

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Kuwaiti Oil Minister Sheikh Saud Nasser al-Sabah has called for serious talks with oil-consuming countries, warning that the demand for crude oil was rising too fast, in an interview published Friday.

September 16, 2000

03:00 GMT

Kuwait and Iran are to sign a security agreement this month to combat drug smuggling. The emirate's interior minister announced in Thursday's newspape

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The Kuwaiti press urged the removal of Iraqi leader Saddam Hussein from power saying it was an essential prerequisite for world peace and stability.

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Kuwait's Oil Minister Sheikh Saud Nasser al-Sabah says there is enough crude on the oil markets and the use of the US Strategic Petroleum Reserve (SPR

September 15, 2000

03:00 GMT

Kuwaiti stocks have passed an important point toward elevating their standing after the market paid off the debts that crippled its performance for many years.

September 14, 2000

03:00 GMT

Albawaba KUWAIT   High tempers during the afternoon hours are the cause of many divorces in Kuwait, a Kuwaiti judge told Medina newspaper. Judge Jasse