September 7, 2000
Kuwait Airways Corp. (KAC) posted a $75-million profit in the last fiscal year to end nine years of losses following invasion by Iraq.
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
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.
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
Most foreign workers in Kuwait don't make enough money to invest, raising doubts about the government decision to allow foreigners to buy securities.
Kuwait is about to close the books on its $20 billion debt resulting from the 1982 stock market crash.
September 5, 2000
Kuwaiti Minister of State for Foreign Affairs Suleiman Shaheen, says that the Egyptian-Kuwaiti ties were continuously developing, noting the joint coo
A slump in urea prices has badly hit sales at Kuwait Petrochemicals - to the tune of some $1.4 million.
The growing use of e-commerce around the world has affected the 300 Kuwaiti travel operators and tourism companies, resulting in decreasing revenues and even bankruptcies.
September 3, 2000
Kuwait's embassy in Khartoum has received directives from foreign minister Shiekh Sabah al-Ahmed to ease granting visas to Sudanese businessmen and wo
Despite a government decision to allow foreign investment, economic sources in Kuwait say they do not expect a jump in the Kuwaiti stock market.
September 1, 2000
Iran’s Minister of Mines and Metals, Eshaq Jahangiri, says that Iran will set up a steel plant for Kuwait.
August 30, 2000
The Kuwait Stock Exchange (KSE) closed the week Wednesday two percent up for the second week running, as the market continued to buck the traditional summer trading lull on government pledges to initi
Kuwait is delaying until next month an announcement on the names of international oil companies (IOCs) chosen for the emirate's multi-billion dollar development of northern oilfields.
August 28, 2000
The Kuwait Stock Exchange (KSE) index on Monday crossed the psychological 1,400-point barrier for the first time in seven weeks on the back of continued government reforms, analysts and brokers said.