Saturday 20 December 2014
 
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Kuwaiti

Kuwaiti ship, Egyptian fishing boat collide killing 13

Egypt has ordered an investigation into an accident in which a Kuwaiti container ship and a fishing vessel collided in the Red Sea in an incident that killed 13 Egyptians. A statement from the prosecutor's office said initial

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Kuwaitis biggest property owners in UAE

Kuwaitis are the biggest property owners in the UAE among the GCC nationals with a total of 6,947 properties at the end of 2012, said the organisers of a major property show. The International Property Show (IPS) 2015 will be held

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Bahrainis top GCC nationals seeking Saudi jobs

Bahrainis accounted for 70 per cent of Gulf nationals seeking employment in Saudi Arabia, said a report. It was followed by Omanis, Emiratis and Kuwaitis, while not a single Qatari application for work was found in the kingdom, sa

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Dubai court dismisses Kuwaiti sheikh's $21m claim

A Dubai court has dismissed a Kuwaiti sheikh's $21.4 million claim against UBS AG in which he alleged the Swiss bank failed to pay him for helping it become lead arranger on a $9 billion asset sale by Kuwaiti telecom operator Zain.

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Aston Martin sees Italian cash drive sales up

Aston Martin, owned by Kuwaiti investment house Investment Dar, hopes its new minority private equity shareholder will bring resources that will help the British luxury carmaker launch the next generation of sports cars and expand its market pre

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Aston Martin unveils $1bn investment plans

Aston Martin plans to invest $1 billion in new products and technology after Italian private equity fund Investindustrial agreed to buy a minority stake in the British luxury carmaker. Investindustrial is buying 37.5 per cent for

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Gulf Film Festival to honour thespian

The fourth edition of the Gulf Film Festival (GFF) will honour Kuwaiti thespian Mohammed Almunai with a special recognition award for distinguished services to the Arab film industry. GFF 2011, which concludes today (April 20), is being he

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Kuwaiti's Guantanamo detention upheld

An appeals court upheld the detention at the U.S. military base at Guantanamo Bay in Cuba of a Kuwaiti who went to Afghanistan in 2001 to become part of the Taliban and Al Qaeda forces, according to a ruling released on Wednesday. The unan

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Jazeera Airways Q3 falls 53.2pc

Kuwaiti low-cost carrier Jazeera Airways posted a 53.2 percent fall in third-quarter net profit on Thursday. Net income in the three months to Sept. 30 came in at 762,745 dinars ($2.67 million), down from 1.63 million dinars it made in the

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NIH lists on DFM

National International Holding Company (NIH) on Monday became the 64th public joint stock company and 16th Kuwaiti firm to list on the Dubai Financial Market. The company's shares began trading under the trading symbol 'NIH' wi

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