Kuwait News at allvoices.com

Lejeune Marine dies at Kuwait base

Source: The News & Observer

Jalīb aš-Šuyūẖ :: Kuwait | about 14 hours ago | No category

A North Carolina-based Marine has died of undetermined causes in Kuwait, the military announced Tuesday...Gilliam's death Saturday at a military base is under investigation, according to a release from the Department of Defense. Gilliam, 29, of Mayking, Ky., was assigned...

Dow Considers Legal Options Against Kuwait

Source: Asian Wall Street Journal

Jalīb aš-Šuyūẖ :: Kuwait | 1 day ago | Business News

Dow Chemical Co. said it will pursue "legal options" against Kuwait following the country's pullout of a multibillion-dollar joint-venture that was a cornerstone of Dow's effort to transform itself. The company is pushing to move from its roots as a...

Opec members start output cut

Source: Gulfnews.com

Jalīb aš-Šuyūẖ :: Kuwait | 1 day ago | Business News

Iran and Kuwait will deepen curbs on supplies to customers this month, refiner sources said yesterday, as both Gulf producers join Opec peers in cutting back output to put a firmer floor beneath prices. The measures add to growing evidence...

New Cabinet expected before Jan 13

Source: Kuwait Times

Jalīb aš-Šuyūẖ :: Kuwait | 1 day ago | Political News

The new Cabinet is now expected to be formed before January 13 in time to take the oath at the next regular National Assembly session, even as MP Waleed Al-Tabtabae called on MPs to step down if the government was...

Arabs plan common economic vision

Source: Kuwait Times

Jalīb aš-Šuyūẖ :: Kuwait | about 1 month ago | Political News

The Arab economic integration conference from the private sector's perspective, which is due to begin here today, will outline a common vision and recommendations that will be referred to the Arab Economic Social and Development Summit. Director General Ahmad Al-Haroun...

Fitch slashes Gulf Bank rating to 'F'

Source: Kuwait Times

Jalīb aš-Šuyūẖ :: Kuwait | 2 months ago | Business News

Ratings agency Fitch downgraded Gulf Bank after Kuwait had to rescue its second-largest lender because it was hit by derivatives losses. Fitch cut the bank's rating to "F" from "D" as it would have defaulted had it not received emergency...

UAE second largest Arab investor abroad

Source: Zawya Political

Jalīb aš-Šuyūẖ :: Kuwait | 3 days ago | Business News

The UAE and its partners in the six-nation Gulf Cooperation Council (GCC) pumped more than $63 billion (Dh231bn) during 2006-07 in foreign direct investment (FDI) to other markets to maintain their position as the top capital exporters in the Middle...

Kuwait's Central Bank: new laws needed for crisis

Source: Taiwan News

Jalīb aš-Šuyūẖ :: Kuwait | 3 days ago | Political News

The governor of Kuwait's Central Bank says his oil-rich Gulf nation needs new laws to deal with the impact of the global financial crisis. Sheik Salem Abdul Aziz Al Sabah heads a task force searching for ways to boost confidence...

kuwait: KSE wraps up a turbulent year

Source: Zawya Market News

Jalīb aš-Šuyūẖ :: Kuwait | 3 days ago | Business News

Global General Index (GGI) shed 7.08 points (3.31 percent) during yesterday's session, and lost 45.37 percent this year, to reach its lowest ever to close at 206.42 points. At the same time, KSE Price Index also posted a daily drop...

Kuwait halts bourse trade, creates bailout fund

Source: Jang.com.pk

Jalīb aš-Šuyūẖ :: Kuwait | about 1 month ago | Business News

Kuwait halted trading on its stock exchange on Thursday due to a court order won by investors, and the government launched a bailout fund for investment firms as shockwaves from the financial crisis spread. The shutdown follows protests by investors...