22nd May, 2013, 13:48
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Kuwait
FEATURED REPORT...
Posted: 14-03-2009
KUWAIT.Kuwait will cooperate with France in the field of nuclear power, the deputy prime minister of the Gulf nation said on Friday, hinting it could take a stake in French nuclear group Areva.
Speaking after a meeting with President Nicolas Sarkozy, Sheikh Jaber Moubarak Al-Hamad Al-Sabah said the two leaders had discussed the possible purchase of French military material and the issue of energy and nuclear reactors.
Asked if Kuwait would cooperate with France in the domain of nuclear energy for civilian use, he said: "Yes."
In response to a question on whether Kuwait was among the Gulf co
Posted: May 20, 2013
KUWAIT. Damages for former leader Muammar Gaddafi's cancelling of the construction of a vacation resort in Tripoli, which would have included hotel accommodation, villas and a shopping mall.
Posted: May 17, 2013
UAE. Saudi Arabia's SABIC clinched the number one spot with net profits of US$6.6 billion and US$90.2 billion in total assets; Qatari companies top the banking, industrials, insurance, transport and retail sectors; The real estate sector is back on track.
Posted: May 16, 2013
KUWAIT. Kuwait Airways is buying 15 A320neo and 10 A350-900 planes with options for 10 more, five from each, chairman Sami al-Nasef said.
Posted: May 14, 2013
INTERNATIONAL. North America will provide 40% of new supplies to 2018 through the development of light, tight oil and oil sands, while the contribution from OPEC will slip to 30%.
Posted: May 14, 2013
KUWAIT. The shareholder in luxury carmaker Aston Martin is offering some of its assets to creditors as the Kuwaiti company restructures debt.
Posted: May 14, 2013
INTERNATIONAL. The Kuwait Investment Office, Borealis Infrastructure Management Inc. and Universities Superannuation Scheme have approached the utility regarding a possible bid.
Posted: May 13, 2013
UAE. Banking system is sound and has fully recovered from the spillovers of the global financial crisis; Gross foreign assets to exceed US$2.5 trillion by end-2013, reinforcing economic resilience if oil prices drop.
Posted: May 13, 2013
KUWAIT. Airline may sign the agreement as early as this month for 10 Airbus A350-900s and 15 single-aisle A320neos, according to two people familiar with the matter.
Posted: May 13, 2013
UAE. In a region where there is an acute deficit in terms of infrastructure, all eyes are back on governments and how they propose to manage their spending, says Deloitte Middle East's GCC Powers of Construction Report.
Posted: May 9, 2013
UAE. Report provides insight into the recent trends and developments in SWF investment strategies specifically in the UAE, Qatar and Kuwait. It also looks at the evolution of SWFs in the Middle East as the region looks to reduce its dependence on energy resources.
Posted: May 7, 2013
KUWAIT. About US$150 million will be used to build a 65-megawatt wind farm in Maan and US$65 million is for a gas terminal in the Red Sea town of Aqaba.
Posted: May 7, 2013
KUWAIT. Doha Bank Summit in Kuwait brought together some of the region's leading consultants and advisory firms in their specific sectors discussing opportunities and trends.
Posted: May 2, 2013
KUWAIT. National Bank of Kuwait International PLC (NBKI), the U.K.-based subsidiary of National Bank of Kuwait (NBK), provides corporate and private banking services to the NBK group's clients in Europe.
Posted: April 29, 2013
KUWAIT. Eleven-month surplus of 18.8 billion dinars is "thanks partly to an unusual underspend in the miscellaneous expenditures and transfers' segment."
Posted: April 29, 2013
UAE. MENA sales increase by 27% for fiscal year 2012-2013; Land Rover sales up 29%; Jaguar sales up 19%.
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RedditMIDDLE EAST BUSINESS COMMENT & ANALYSIS
date:Posted: May 22, 2013
iNTERNATIONAL. Control over Homs will enable al Assad to rapidly move forces from the north to the south to meet emerging rebel threats. It will also provide a key avenue of retreat to the Alawite coast in the event that he needs to flee Damascus.
date:Posted: May 22, 2013
INTERNATIONAL. A government that slaughters its people and maims a whole generation is not a government with whom to negotiate. It is nothing short of travesty that the Obama administration is still mired in the illusion that a political solution is possible.
date:Posted: May 22, 2013
INTERNATIONAL. Professor Jon Rushman has accused the US authorities of being "hysterical' after seizing the bank account of the world's biggest Bitcoin exchange and called for an "intelligent debate" about the future of virtual currency.
EGYPT. The Egyptian government is facing an increasingly difficult set of economic circumstances that could raise inflationary pressures and lead to further social unrest, says a report by Standard & Poor's Ratings Services
INTERNATIONAL. Nothing new is coming online anytime soon and movement on developing renewable energy resources has been sadly inadequate. The idea that shale reservoirs will lead the US to energy independence will soon enough be recognized as unrealistic hype.
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