Friday 19 December 2014
 
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Kuwait

Kuwait to maintain 6pc non-oil growth for 2 years

Kuwait’s non-oil growth, which accelerated notably in 2013, is expected to maintain its momentum, remaining around 5-6 per cent in the coming two years as government development projects keep their robust pace, a report said.

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Opec's decision to retain market share, says Kuwait

Kuwait's oil minister said that Opec's decision last month to keep output unchanged was intended to retain market share, even if it meant that it "would negatively affect prices, state news agency

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Kufpec inks China exploration contracts

Kuwait Foreign Petroleum Exploration Company (Kufpec) said its Chinese subsidiary has signed three production sharing contracts (PSCs) covering exploration blocks located in the South China Sea adjacent to the Yacheng pipeline.  

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Compareit4me.com expands footprint in Kuwait

Compareit4me.com, a leading finance comparison site in the UAE, Qatar and Bahrain, continues its GCC-wide expansion with the recent launch of its dedicated Kuwait website, the first platform of its kind in the country. The site ha

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Kuwait cuts January crude price to lowest since 2008

Kuwait set the official selling price (OSP) for its crude oil sales to Asian buyers for January at $3.95 a barrel below the average of Oman/Dubai quotes, a trader said.   The

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Microsoft names two ‘Innovative Educators’ from Kuwait

Microsoft Kuwait has selected Sarah Alameer from the Naela Middle School for Girls, and Ahmad Ashour from Ibn El Almeed Secondary School, as Microsoft Innovative Educators for 2014-2015 for their excellence in transforming learning environments.

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Siwertell supplies mobile unloader to Kuwait firm

Siwertell, part of Cargotec, has announced the successful delivery, commissioning and recent entry into operations of a new mobile Siwertell unloader for Kuwait-based Acico Construction Company. It was ordered in June to help meet

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Siwertell supplies mobile unloader to Kuwait firm

Siwertell, part of Cargotec, has announced the successful delivery, commissioning and recent entry into operations of a new mobile Siwertell unloader for Kuwait-based Acico Construction Company. It was ordered in June to help meet

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Investment Dar eyes second debt-for-assets deal by March

Investment Dar, the Kuwaiti firm best-known for its stake in luxury carmaker Aston Martin, hopes to complete a second debt-for-assets deal with creditors by the end of March, it said in a bourse statement on Tuesday. The sharia-co

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DuPont showcases burn injury evaluation device in Kuwait

DuPont, a leading chemical company, demonstrated its Thermo-Man life-sized instrumented mannequin system, an advanced thermal burn injury evaluation device, at the Kuwait Fire Services Directorate Complex. The demonstration was ai

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