updated Sat. March 2, 2024
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Kuwait News Agency
April 24, 2018
KUWAIT, April 24 (KUNA) -- Price of Kuwaiti oil went down by two cents to USD 68.90 per barrel Monday after it was at USD 68.92 pb on Friday, said Kuwait Petroleum Corporation (KPC) on Tuesday. On global markets, oil prices rose yesterday as investors feared forecast US sanctions could curb IranianÃâà...
MENAFN.COM
April 24, 2018
KUWAIT CITY, April 23: The security authorities have requested from the Ministry of Commerce and Industry details about two companies, whose identities ... The names of these persons must be sent to the department together with their contributions and their relationship with the company in question andÃâà...
BusinessKorea
April 24, 2018
The Incheon International Airport Corporation (IIAC) has won the largest-ever overseas airport operation contract. The IIAC said on April 23 that the company was selected as operator of Kuwait International Airport's Terminal 4 (T4). The client is the Kuwaiti government. The IIAC will operate, manage,Ãâà...
WJON News
April 24, 2018
Central Minnesota Soldiers Deploying to Kuwait. Jim Maurice. April 24, 2018. Capt. Brandon Johnson, commander of the 851st Engineer Company holds a unit formation for his soldiers prior to training on Camp Ripley. Photo Courtesy of Camp Ripley. Share on Twitter Ãâ÷ Share on Facebook. CAMP RIPLEY -- More than 150Ãâà...
동아일보
April 24, 2018
The Terminal 2, which can accommodate 13 million passengers a year, is currently under construction with the goal of completion in 2022. As the Kuwaiti government has launched “New Kuwait 2035” project to develop the city into a regional logistics and finance hub, Korean businesses will have more opportunities toÃâà...
MEConstructionNews.com
April 24, 2018
The Kuwait government has awarded Korea's Incheon International Airport Corporation (IIAC) an operation and management contract, according to Kuwait state news agency KUNA. ... Besides providing training to Kuwaiti youth on airport management, the Korean group will also transfer relevant knowledge and expertise.
Kuwait News Agency
April 24, 2018
KUWAIT, April 24 (KUNA) -- Kuwait Boursa Company will commence tomorrow (Wednesday) its first promoting tour in Londo , the United Kingdom, ... administration is keen on offering full opportunity to Kuwaiti companies listed in the Boursa to communicate with international investors in competence withÃâà...
The News Tribune
April 23, 2018
Kuwait's state-run oil company says it has contained a fire at an onshore oil rig in the country's southwestern oilfields. The Kuwait Oil Co. said early on Monday that a fire broke out while an emergency team responded to what it described as a "minor" leak at the al-Maqwa field. The company said the fireÃâà...
Upstream Online
April 21, 2018
Rounding out its haul, Saipem was also awarded a new project in the Arabian Gulf from the Al Khafji Joint Operations joint venture, which is between Aramco Gulf Operations Company and the Kuwait Gulf Oil Company. According to the service company, the work includes engineering, construction,Ãâà...
Chanute Tribune
April 21, 2018
At that time, he was part of a company that included several other Chanute residents. This time he was the only Neosho County resident, although several others were from southeast Kansas, such as the Labette County High School vice-principal, the father of a Pittsburg student attending Neosho CountyÃâà...
Kuwait News Agency
April 21, 2018
KUWAIT, April 20 (KUNA) -- The price of Kuwaiti oil went up by USD 1.78 to USD 69.42 per barrel Thursday after being at USD 67.64 pb the day before, said the Kuwait Petroleum Corporation (KPC) Friday. Globally, the overall level of the price was up to records unprecedented since 2014 due theÃâà...
Construction Week Online
April 19, 2018
Both refineries will be built as oil companies try to meet the government's capacity target of refining two billion barrels per day by 2035. ... which made the announcement at a meeting with the Oil and Gas Year Kuwait, a company that provides business intelligence and communications in the energy sector.
gulfnews.com
April 1, 2018
Manama: Seven of the 15 oil workers who were killed in the head-on collision between two buses in Kuwait on Sunday were from India. The other victims were five Egyptians and three Pakistanis, an official from the state-owned Kuwait Oil Company (KOC) said. Two other Indians and a Kuwaiti were alsoÃâà...
ArabianBusiness.com
March 27, 2018
Kuwait-based Global Capital Management (GCM) has concluded a successful exit of its controlling stake in Al Jazeera Steel Products Company, a Omani company listed on Muscat Securities Market. The transaction was made with Sheikh Suhail Bahwan and Sheikha Amal Suhail Bahwan, chairman andÃâà...
Arab Times Kuwait English Daily
March 24, 2018
This came after the Kuwaiti Federation of Home Office Employers announced earlier that it had successfully signed a cooperation agreement with the Ethiopian Federation of Employment Agencies, allowing all offices and companies to recruit domestic workers, including the company Durra, from Ethiopia inÃâà...
Gulf Digital News
March 24, 2018
The price of Kuwaiti oil went down three cents to reach $64.72 per barrel on Friday after it was at $64.75 per barrel the day before, the Kuwait ... According to the Kuwait News Agency (KUNA), on a global level, oil prices went up after a statement by the Saudi energy minister from Washington saying thatÃâà...
Kuwait Times
March 24, 2018
KUWAIT: Zain, the leading telecommunications company in Kuwait, announced its Official Partnership of Alnowair, a non-profit initiative aimed at spreading positivity and enriching positive behavior within the Kuwaiti society. Zain participated in Alnowair Carnival held next to Kuwait Towers with theÃâà...
Kuwait News Agency
March 24, 2018
KUWAIT, March 24 (KUNA) -- 1960 -- The Amir Sheikh Abdullah Al-Salem Al-Sabah issues decree regulating tasks of "mukhtars" (mayors). 1963 -- The Kuwait Bar ... 1991 -- Fourth edition of the Kuwaiti currency was issued following liberation from the Iraqi occupation. Banknotes were identical to those ofÃâà...
Kuwait News Agency
March 24, 2018
KUWAIT, March 24 (KUNA) -- The price of Kuwaiti oil went down three cents to reach USD 64.72 per barrel (pb) Friday after it was at USD 64.75 pb the day before, said the Kuwait Petroleum Corporation Saturday. At the global level, oil prices went up after a statement by the Saudi energy minister fromÃâà...
Arab Times Kuwait English Daily
March 22, 2018
KUWAIT CITY, March 22: Kuwait Petroleum Corporation (KPC) has started installing the face print attendance system for about 1,200 employees, reports Al-Anba daily quoting sources. Sources disclosed the system will be activated next week, adding this aims to eliminate anomalies in the attendance system in light of theÃâà...
Gulf Business News
March 22, 2018
US aeroplane manufacturer Boeing is among the companies set to open a permanent office in the country as the aviation market expands. Plans for the new airport come as Kuwait International Airport continues to suffer from traffic congestion. Kuwait Airways Company CEO Ibrahim Al-Khuzam said lastÃâà...
OilPrice.com
March 21, 2018
In an interview with Bloomberg, Meshaal Al-Sabah said that Kuwait now allows foreign companies to set up 100-percent foreign-owned companies anywhere in the country, not only in special economic zones. So far, the majority of foreign investor interest has come from the United States and China,Ãâà...
Construction Week Online
March 10, 2018
With a rising population and growing business confidence, Kuwait's construction market is one in which the practice of post-tensioning is “picking up”, claims ... He continues: “Kuwait, and our portfolio company TTM Post Tensioning, figure prominently in our commercial strategy for the entire KBW portfolio.”.
Kuwait News Agency
March 10, 2018
CAIRO -- The State of Kuwait dedicates maximum concern for the youth because "they are the builders of the future, carriers of the torch of development and progress," says the visiting Kuwait's Information Minister Mohammad Al-Jabri. Issued at 14:20 p.m. (11:20 GMT). MANAMA -- Kuwaiti racers have wonÃâà...
Kuwait News Agency
March 10, 2018
KUWAIT, March 10 (KUNA) -- The price of Kuwaiti crude oil went down 28 cents and settled at USD 59.81 per barrel, compared to USD 60.09 per barrel since last Thursday, said Kuwait Petroleum Corporation (KPC) on Saturday. In world markets, oil prices were up amid speculations of a meeting betweenÃâà...
Emirates 24|7
March 10, 2018
Kuwaiti artist Daffy and his band performed on Friday at the "Celebrate Kuwait" festival in Dubai, which was organised by the Kuwait Business Council, in collaboration with Emaar Properties and Gastronomica, the holding company of the restaurant chain, Slider Station, in Gulf Cooperation Council, GCC,Ãâà...
Kuwait Times
March 10, 2018
Zain's support to the Kuwait Dive Team throughout the past 14 years comes under its Corporate Sustainability and Social Responsibility strategy towards the environmental sector. The company's sustainable goals closely focus on preserving the Kuwaiti environment, especially Kuwait's marine life, andÃâà...
Gulf Today
March 9, 2018
DUBAI: Kuwaiti artist Daffy and his band performed on Friday at the “Celebrate Kuwait” festival in Dubai, which was organised by the Kuwait Business Council, in collaboration with Emaar Properties and Gastronomica, the holding company of the restaurant chain, Slider Station, in Gulf Cooperation Council,Ãâà...
Asharq Al-awsat English
March 8, 2018
The Reconstruction Fund for Areas Affected by Terrorist Operations (REFATO) signed an agreement with a Kuwaiti company on Wednesday to begin the ... Speaking to Asharq Al-Awsat, Salman said that concerning other projects and financial grants from other countries at the Kuwait conference, officialsÃâà...
Kuwait News Agency
March 6, 2018
KPC's CEO Nizar Al-Adsani earlier addressed the forum and stressed the prime significance of investing in the promising Kuwaiti youth, quoting His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah as saying: "the true wealth of our country lies in its youth, who are the core and the pillar ofÃâà...
Bahrain News Agency
March 6, 2018
Manama, Mar. 5 (BNA): The Gulf's renowned singers Abdallah Al Rowaished and Nabil Shuail will honour the audience with a repertoire from their past and latest albums as part of the thirteenth edition of the annual Spring of Culture festival. The concert will take place at Bahrain Bay on 9th March 2018 atÃâà...
Kuwait Times
March 6, 2018
Initiated as part of the reforms to support the growth of the Kuwaiti economy, the transformation of Kuwait stock exchange from government owned to a shareholding company, marked the beginning of an unrivaled transition. Boursa Kuwait has set out bringing the exchange up to par with the world's leadingÃâà...
ArabianBusiness.com
March 6, 2018
A huge portion of sales for the car come from the Middle East, especially the UAE, the company's CEO Andy Palmer said in an earlier interview. "Following on from our tremendous financial results, this endorsement of the Aston Martin brand is further proof of our successful global brand strategy.
Kuwait News Agency
March 6, 2018
1991 -- Operation to douse oil wells, set afire by retreating Iraqi forces, began with companies from 27 countries participating in the effort. ... 2002 -- Ministry of Oil announced establishment of Kuwait Company for Gulf Oil, a subsidiary of Kuwait Petroleum Corporation, with a capital of KD 120 million forÃâà...
The Times
March 6, 2018
Kuwait Energy has a relatively new management team after the exit of Sara Akbar, its co-founder, who left after the company's failed attempt to list in London last year. It announced its intention to float and raise $150 million in May but scrapped the plans a month later. The merger with Soco, which has aÃâà...
The National
March 6, 2018
Kuwaiti traders follow stock market activity in the main hall at the Kuwait Stock Exchange (Boursa) headquarters in Kuwait City . / Yasser Al Zayyat/ ... The GCC governments are looking to part-privatise some state-owned companies to raise capital to offset the impact of lower oil revenues. Stock exchangesÃâà...
Kuwait Times
March 5, 2018
BRUSSELS: European chocolate companies are keen on expanding their businesses to the Gulf region seen as a growing market for chocolate products. “We now want to go to the Gulf to present our show and also in Kuwait. Gulf citizens are travelling a lot abroad to destinations like Paris, London,Ãâà...
ArabianOilandGas.com
February 20, 2018
The Kuwait Styrene Company (TKSC) announced a net profit of $94mn for the fiscal year ending in 31 December 2017. Adel Al-Munifi, CEO, TKSC, stated: “TKSC maintained a strong performance in 2017 driven by an optimised worldwide sales strategy and cost-efficiency measures that enabled us toÃâà...
Denver Business Journal
February 20, 2018
A Colorado Springs company has won a $108 million contract to provide food services to military bases in Kuwait. Vectrus Systems Corporation, a wholly-owned subsidiary of Vectrus Inc. (NYSE: VEC), said it received the deal to service nine dining facility locations in Kuwait at Camp Arifjan, Camp BuehringÃâà...
Variety
February 15, 2018
KNCC chief Hisham Al Ghanim noted in the statement that due to the large number of Saudi's who have flocked to Kuwait “we have a keen ... Other exhibitors understood to be partnering up with local companies to build multiplexes include Dubai-based VOX Cinemas and Middle East chain Cinemacity.
