Friday 27 March 2015
 
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Kuwait

Kuwait may offer stock market stake to foreign operator

The Kuwait Stock Exchange may offer up to 44 per cent of its shares to a company that has experience in operating bourses when it goes public, a senior government official told Reuters on Thursday. Such a move, which still require

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Kuwait raises security at oil facilities due to Yemen strikes

State-run Kuwait Petroleum Corp (KPC) said the Opec member has raised security around its oil facilities inside and outside the country after Saudi Arabia and Arab allies began a military operation in Yemen.   &q

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Kuwait's commerce minister quits

Kuwait's Minister of Commerce and Industry Abdulmohsen Al-Madaj resigned on Wednesday, becoming the second cabinet minister to quit this month after facing public criticism. The emir of Kuwait accepted the resignation of Madaj

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ABB wins substation upgrade deal in Kuwait

ABB, a leading power and automation technology group, has won an order worth $12 million from the Ministry of Electricity and Water (MEW) of Kuwait to refurbish and upgrade three existing substations. This is to help ensure reliab

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ABB wins substation upgrade deal in Kuwait

ABB, a leading power and automation technology group, has won an order worth $12 million from the Ministry of Electricity and Water (MEW) of Kuwait to refurbish and upgrade three existing substations. This is to help ensure reliab

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Kuwait trade surplus shrinks 44pc in Q4

Kuwait's foreign trade surplus narrowed 44 per cent from a year earlier to KD3.33 billion dinars ($11.1 billion) in the fourth quarter of 2014, data from the Central Statistical Bureau showed on Monday. Exports decreased to KD

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Kirby Building Systems sees big potential in Africa

Kirby Building Systems, a global leader in pre-engineered steel building (PEB) systems, plans to make significant efforts to penetrate the vast African market following its success in the Middle East. “We will be ventur

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Quake hits Kuwait-Iran border

An earthquake measuring 5 on the Richter scale hit areas along Kuwait’s border with Iran at about 8am yesterday, the Kuwait Institute for Scientific Research said. Jolts were also experienced in some parts of Kuwait at 14:23

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Opec to keep oil output unchanged, says Kuwait

Opec has no choice but to keep its market share and shun oil output cuts, Kuwait's oil minister said, reiterating the view from the emirate that the group will hold its course when it meets next in June. "Of course we are

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Kirby Building Systems sees big potential in Africa

Kirby Building Systems, a global leader in pre-engineered steel building  (PEB) systems, plans to make significant efforts to penetrate the vast African market following its success in the Middle East. “We will be

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