Kuwait

November 14, 2014

The border town of Arsal has been the site of fierce clashes between militants and the Lebanese army in recent months, sparking high tensions between Syrians refugees and Lebanese host communities. (AFP/File)
09:37 GMT

A bomb hit a Lebanese military vehicle Friday in the outskirts of Arsal's northeast region, according to a security source, wounding two soldiers.

Kuwait plans more than $40 billion of investment to significantly increase its capacity to produce oil and gas
00:39 GMT

The Gulf nation aims to raise the amount of crude oil it can pump by one-quarter, to 4.0 million barrels per day, by 2020.

November 12, 2014

Kuwait's real estate growth was supported by a strong performance in the investment sector. (AFP/File)
09:07 GMT

Real estate growth in Kuwait grew by 16 percent year-on-year to $1.27 billion in September after a slow summer, according to a report.

November 11, 2014

"We need to put policy on it. We need to put an order to it so we can do something regarding consumption."
14:01 GMT

"You need to do something about subsidies. Maybe a producing country can turn into a consumer country," Sabt said on the sidelines of an energy conference in Abu Dhabi.

November 10, 2014

The new feature has already generated widespread negative responses from users in Kuwait and on social media
04:55 GMT

Now WhatsApp, the most popular messaging app i in the whole world, will now tell users when a message has been read.

The total number of cases brought against Egypt after the 25 January Revolution have reached at least seven involving demands totalling more than $20bn in compensation.
00:33 GMT

Hany Sarie-Eldin, head of Sarie-Eldin and Partners Legal Advisors, said the move will thwart the government’s efforts to revive confidence in the economy.

November 5, 2014

Under the contract, a new terminal for Kuwait International Airport and a new runway will be built in addition to around 30 gates to boost the facility's capacity.
13:49 GMT

Kuwait on Monday awarded a contract worth 1.4-billion dinar ($4.8 billion) to a local company for the expansion of the country's only international airport.

November 4, 2014

Kufpec Chief Executive Officer Nawaf Saud Al-Nasir said in a statement Saturday the deal came “as a result of the recently enacted energy reform in Mexico.
17:08 GMT

A Kuwaiti exploration company said it signed a memorandum of understanding to work alongside its counterparts in the Mexican energy sector.

November 3, 2014

Development of the part jointly owned with the Saudis has been frozen for a year, according to Al-Rai.
05:55 GMT

The row comes a month after production at the offshore Khafji oilfield in a neutral zone between the two Arab states was halted last month.

October 28, 2014

Is Shujoon Al Hajery happy to be single again?
09:29 GMT

The Kuwaiti actress out on the open market again after finalizing her divorce from husband and business manager Ahmad Al Biraiki

October 27, 2014

The report said the reserves had increased by $15.7 billion in the first six months of the year.
14:09 GMT

Kuwait had accumulated reserves of $548 billion as of June 30 after continued growth in the first six months of 2014

October 22, 2014

The accused terror cell members had planned to attack U.S. forces in Kuwait (U.S. Central Command file photo).
10:18 GMT

The individuals had planned to attack U.S. military personnel in Qatar and Kuwait.

October 20, 2014

The two governments signed the neutral zone agreement almost 50 years ago.
04:55 GMT

A Kuwaiti oil trade union on Sunday condemned the unilateral closure by Saudi Arabia of an offshore oilfield jointly operated by the Arab neighbours

October 19, 2014

Kuwait has boasted a budget surplus in each of the past 15 fiscal years, helping to increase its sovereign wealth fund to more than $500 billion, according to unofficial estimates.
04:55 GMT

Oil-rich Kuwait tripled the prices of diesel and kerosene on Wednesday, ending decades of heavy subsidies, while putting off a similar decision on electricity and water charges.

October 14, 2014

Contracts will be worth $38 billon by the year's end (File/AFP)
15:07 GMT

Kuwait's government awarded over $20.7 billion worth of contracts by the end of August, almost doubling the amount compared to 2013.