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: February 23, 2017
UAE. New MEED Insight report shows how lower oil prices have reshaped Middle East investment strategies in oil, gas and petrochemicals projects.
Posted: December 18, 2016
UAE. The momentum stalled as profit taking and greater caution prevailed. Only Kuwait and Qatar could generate any meaningful gains going up 1.4% and 1.7% respectively.
Posted: December 14, 2016
UAE. Preclearance at Abu Dhabi allows travellers to avoid long immigration queues on arrival in the US.
Posted: December 12, 2016
UAE. A combination of GCC governments healthcare expenditure and participation of private players, leads the industry towards a rapidly growing market sector.
Posted: December 11, 2016
INTERNATIONAL. Kuwait's recent elections will increase tensions between the executive and legislature, hindering economic and fiscal reforms; the extent to which this will happen is unclear.
Posted: December 2, 2016
INTERNATIONAL. But implementation risks remain, including OPEC's adherence to the agreement and the willingness of other participants, notably Russia, to co-operate fully.
Posted: November 30, 2016
KUWAIT. Award-winning spa launches new suite menu, ladies' membership, and ILA brand at Jumeirah Messilah Beach Hotel & Spa.
Posted: November 29, 2016
KUWAIT. Extended agreement sees Kuwaiti bank implement credit scoring analytics to drive behavioral score cards and build risk models across its branches.
Posted: November 25, 2016
KUWAIT. Speaking at the Public Speakers Series by the Kuwait Public Policy Center, Erik R. Peterson encouraged GCC countries to actively pursue their transformation programs taking into consideration the new political situation in the U.S.
Posted: November 22, 2016
UAE. Both Prepaid and postpaid VIVA Kuwait customers will be able to enjoy the ICFLIX library of content.
Posted: November 1, 2016
KUWAIT. Mr. Hodgkinson's career spans more than 40 years of senior UK and global banking experience.
Posted: October 18, 2016
KUWAIT. Grazia Middle East Editor-In-Chief Alison Tay presented key pieces and looks for the coming season.
Posted: October 8, 2016
INTERNATIONAL. The impact of having to write provisions up front will not be that significant because GCC banks are already used to booking general reserves when they extend new loans.
Posted: September 29, 2016
KUWAIT. The Boston Consulting Group's new study shows that the nation's performance in converting wealth and growth into well-being is below par globally.
Posted: September 16, 2016
UAE. Dubai the most sustainable city in the Middle East, although no GCC city finishes in top half; Study indicates significant disparities across region and all cities struggle with environmental issues.
date:Posted: February 27, 2017
UAE. Significant engagement gaps found in key areas, including mentorship, appreciation, and cooperation with colleagues, according to a new report by The Boston Consulting Group.
date:Posted: February 23, 2017
UAE. Dubai strongly positioned as financial, retail, construction, and transportation services hub for the region, according to latest report from A. T. Kearney.