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Kuwait

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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: September 25, 2014
KUWAIT. Surplus is 1.6% higher than previous year; Total received revenues in the fiscal year 2013/2014 amounted to KWD31.8bln; KFH Research continues to forecast a surplus of 17.9% in FY2014/15.
Posted: September 23, 2014
UAE. "On the whole, the outlook for the region is a good one;" 35% of respondents claim job opportunities will increase; Concerns about rising cost of living.
Posted: September 22, 2014
QATAR. Based in Qatar, Nick Witty is returning to the region after a brief spell in the UK and will be leading real estate advisory by assisting clients to identify, appraise, value, fund and deliver real estate projects,
Posted: September 19, 2014
KUWAIT. The global Islamic finance industry reached approx. US$1.9 trillion in assets as at end 1H2014; The report analyses the role of Islamic finance in supporting economic growth.
Posted: September 16, 2014
KUWAIT. Clients can now open gold accounts and implement selling and purchasing transactions; Service plays a significant role in the innovation of sharia-compliant products as well as in the diversification of investments.
Posted: September 12, 2014
KUWAIT. A strong bullish trend is currently being witnessed with some fluctuation along the way. The DSM Index is now traded at a new record high and ended the week at 14,088.82 points.
Posted: September 12, 2014
KUWAIT. A step towards building a regional and global financial direct investment market; The Saudi bourse is the largest in the region with a market capitalization of about US$550 billion.
Posted: September 9, 2014
EGYPT. US Secretary of State John Kerry will meet Arab foreign ministers in Saudi Arabia Wednesday as he bids for a broad coalition against the Islamic State.
Posted: September 8, 2014
SAUDI ARABIA. Hydrocarbon revenues in KSA and Kuwait make up to 90% plus of total revenues; Leading GCC economies remain susceptible to fluctuations in global energy prices, according to Alkhabeer Capital latest report.
Posted: September 8, 2014
KUWAIT. KFH takes top spot among banks locally and ranks 161st globally, in the list issued by "The Banker" international magazine, among the best Top 1000 banks worldwide.
Posted: September 6, 2014
KUWAIT. Islamic microfinance plays a prominent role in supporting the utilisation for financial services; Financial inclusion plays a critically important role in poverty reduction, reducing income disparities and increasing economic growth.
Posted: September 2, 2014
KUWAIT. Headline inflation is expected to average around 3.0% for 2014; Inflation rates across the GCC member states ranged between 1.2% and 3.1% in 1H14.
Posted: September 1, 2014
UAE. The Middle East's top brands have grown by an average of 38%, according to The Brand Finance Middle East 50; This brings the total value of the top 50 above US$50 billion for the first time; Emirates holds the top spot and remains far ahead of the rest.
Posted: August 29, 2014
KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
Posted: August 26, 2014
UAE. Paperless offices are popular, with 50% of respondents saying that they are encouraged to use email or online resources instead of printing out documents.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 31, 2014
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
date:Posted: October 31, 2014
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
date:Posted: October 30, 2014
UAE. GCC corporate earnings strength intact; Regional bonds unaffected by global shocks; Central Banks support financial markets.
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
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