Kuwait

September 10, 2000

03:00 GMT

Kuwait's earnings from oil in July and August reached 967 million dinars ($3.15 billion ), half of the estimated oil income for the current year, Al-Shall Economic Consultants reported Saturday.

03:00 GMT

The Kuwait Stock Exchange (KSE) Saturday rose 1.3 percent on the back of new confidence induced by high oil prices and the settlement of billions of dollars of bad debts, analysts and brokers said.

September 9, 2000

03:00 GMT

The Kuwait Stock Exchange (KSE) rose 1.3 percent on the back of new confidence induced by high oil prices and the settlement of billions of dollars of

September 8, 2000

03:00 GMT

Kuwait's Oil Minister Sheikh Saud Nasser al-Sabah says he would support a reasonable hike in OPEC output at the cartel's meeting in Vienna despite the

September 7, 2000

03:00 GMT

A rising Internet connectivity rate in Kuwait is surprisingly proving expensive. A monthly Internet subscription in Kuwait costs up $100, compared to a standard subscription fee of $15 in the United

03:00 GMT

Kuwait is about to close the books on its $20 billion debt resulting from the 1982 stock market crash. Fearing the collapse of the nations banking system, the government paid $18 billion in debentures

03:00 GMT

Most foreign workers in Kuwait don't make enough money to invest, raising doubts about the government decision to allow foreigners to buy securities.

03:00 GMT

Kuwait Airways Corp. (KAC) posted a $75-million profit in the last fiscal year to end nine years of losses following invasion by Iraq.

03:00 GMT

Kuwait's social security department, which operates one of the world's most lucrative pension systems, warned Wednesday it will go bankrupt unless the emirate's retirement laws are reformed rapidly.

September 6, 2000

03:00 GMT

Kuwait Airways Corp. (KAC) has posted a 75-million-dollar profit in the last fiscal year to end nine years of losses following invasion by Iraq.

03:00 GMT

An opposition member of Kuwait’s parliament on September 5th criticized the Kuwaiti government’s decision to shortlist Western oil firms that will participate in the $7 billion opening up of northern

03:00 GMT

Most foreign workers in Kuwait don't make enough money to invest, raising doubts about the government decision to allow foreigners to buy securities.

03:00 GMT

Kuwait is about to close the books on its $20 billion debt resulting from the 1982 stock market crash.

September 5, 2000

03:00 GMT

Kuwaiti Minister of State for Foreign Affairs Suleiman Shaheen, says that the Egyptian-Kuwaiti ties were continuously developing, noting the joint coo

03:00 GMT

A slump in urea prices has badly hit sales at Kuwait Petrochemicals - to the tune of some $1.4 million.