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BUSINESS

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KIB celebrates Kuwaiti champions’ achievements during the first week of the 4th GCC Games in Doha
May 17th, 2026 - 10:48 GMT

KIB celebrates Kuwaiti champions’ achievements during the first week of the 4th GCC Games in Doha

Kuwait International Bank (KIB) celebrated the outstanding results achieved by Kuwait’s champions during the first week of the 4th GCC Games, currently taking place in Doha, Qatar. The event has brought together broad participation from GCC countries and features a high level of competition across various sports. KIB continues to support and stand alongside the Kuwaiti sports delegation as part of its official sponsorship of Kuwait’s participation in the Games, reflecting the Bank’s ongoing commitment to supporting Kuwaiti athletes and empowering them to represent Kuwait in the best possible light ...
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The assassination of former Finance Minister Mohammad Shatah Friday has prompted many tourists to cancel their hotel room bookings for New Year’s Eve, dealing another blow to the shopping season.
December 31st, 2013 - 03:55 GMT

Bleeding Beirut: Chatah's assassination ruining NYE's tourism prospects

The Obama administration heightened Oman’s role as an intermediary in late 2011, in part because of the help it provided in bringing home the American hikers, said senior US officials.
December 31st, 2013 - 03:55 GMT

Revealed: Oman's secret intermediary role in the Iranian nuclear deal and why it's working really hard to sell it

The expansion has been above all driven by substantial gains in the oil and gas sector where output levels rebounded to capacity after technical disruptions.
December 31st, 2013 - 03:55 GMT

Arab Spring gone with the wind? Bahrain's economy to record robust growth

A two-bedroom flat in the city cost KD 170 (600 USD) five years ago, and now it is KD 300 (1000 USD)
December 31st, 2013 - 03:55 GMT

Kuwait's rising rents and expat policies: a ticking time bomb?

Brand loyalty programmes in the UAE and Saudi Arabia are failing to deliver on areas that are of relevance to customers, according to a report by global loyalty agency ICLP.
December 30th, 2013 - 05:27 GMT

Gulf consumers want to be rewarded for their loyalty and yes, they totally deserve it

The combined wealth of the ten richest Arabs in the UK exceeded $17.5, according to an annual ranking by the Sunday Times conducted in April.
December 30th, 2013 - 04:58 GMT

Other than Dubai's Expo 2020 win, what were the Middle East's top business breakthroughs in 2013?

During the meeting, the board referred to KHC and Prince Alwaleed’s combined investment in Twitter that has increased from $300 million to around $1.2 billion since Twitter’s IPO in November 2013.
December 30th, 2013 - 04:29 GMT

Worthy of a retweet? Prince AlWaleed's twitter shares rocket from $300 million to 1.2 billion!

 Key challenges facing investors include excessive bureaucracy, lack of government spending on developmental projects due to legal and political complications,
December 30th, 2013 - 04:20 GMT

The political power struggle eclipsing Kuwait's development hopes

China has the most impressing record of sustained economic growth in the history, averaging more than 10 percent growth every year over the last three decades,
December 30th, 2013 - 02:39 GMT

China's energy consumption is projected to double by 2040, but who will win and who will lose?

Pfizer will open new factories in KSA ready for production by 2015 (Courtesy of Business Week)
December 30th, 2013 - 12:38 GMT

Saudi's got a new chill "pill": Global reknown drug company setting up shop in Kingdom

Dubai Duty Free is one of the most profitable in the world (Courtesy of Emirates 24/7)
December 30th, 2013 - 12:11 GMT

One heavy duty-free year planned for Dubai, sales to pass $2 billion in 2014

Fast Link will establish its telecom regional headquarters in Bahrain in 2014 (File Archive/Shutterstock)
December 30th, 2013 - 11:56 GMT

New Telecom company opening in this Gulf country

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