Sunday 24 July 2016
 
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Kuwait

Kuwait set to award $27bn contracts this year

Kuwait’s projects market continued to expand in the second quarter of this year in spite of the low oil prices and the state is expected to award another KD8.4 billion ($27 billion) worth of contracts before year-end, a report says.

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Kuwait tyre market to grow 11pc until 2021

The Kuwait tyre market is forecast to grow at a compound annual growth rate (CAGR) of over 11 per cent during 2016 – 2021, according to a report by TechSci Research, a global market research and consulting company. The repor

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Jazeera Airways gets approval for new terminal

Jazeera Airways has been granted approval by the Kuwait Council of Ministers for land to build a dedicated passenger terminal and car park buildings at Kuwait International Airport. The terminal is a solution proposed by the airli

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Kuwait Airways flight makes emergency landing in Dhaka

A Kuwait Airways flight en route to Bangkok was forced to make an emergency landing at Dhaka International Airport, Bangladesh after a passenger died mid-air, said a report. According to a report in WAM, flight 411 resume

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Kuwait inflation down to 2.8pc in May

Kuwait’s inflation in consumer prices eased to 2.8 per cent year-on-year (y/y) in May, mainly due to softer food inflation, a report said. Core inflation (which excludes food prices) came in marginally higher at 3.0 per cent

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Kuwait mulls privatisation of oil services sector

Kuwait is mulling the privatisation of its oil services sector, a senior finance ministry official said on Tuesday, although any such plans would not include the Gulf Arab state's production capability.   The

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Kuwait mulls privatisation of oil services sector

Kuwait is mulling the privatisation of its oil services sector, a senior finance ministry official said on Tuesday, although any such plans would not include the Gulf Arab state's production capability.   The

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Boehringer Ingelheim opens new office in Kuwait

Boehringer Ingelheim, one of the world’s leading pharmaceutical companies, recently opened its new office in Kuwait. The opening ceremony was held in YIACO Medical Company’s (YIACO) headquarters, in Salmiya, and where

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Salini Impregilo inks $955m Kuwait housing project

Salini Impregilo, an Italian specialist in the construction and civil engineering business, has signed a $955-million contract with the Kuwait government to develop an urban residential development in the capital city. The contract, whi

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Al Manshar Rotana Kuwait distributes Ramadan care packages

Al Manshar Rotana Kuwait, a five-star Rotana property in Kuwait, and leading professional services firms WSP l Parsons Brinckerhoff arranged a charity campaign for construction workers in Kuwait. A total of 100 packages containing

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