Saudi Man Escapes Punishment Of Full Paralysis For Stabbing His Friend
Source: BusinessInsider
Jalīb aš Šuyūẖ :: Kuwait | updated 2013-05-19 06:05:26 -0700 | business-news
Mohammed al-Hazim, 26, one million riyals ($270,000) in compensation, Kuwait's Al-Watan daily reported. In 2003 a 14-year-old Ali Al-Khawahir stabbed his friend in the backbone. The victim has been "completely paralyzed ever since and has not been able to lead...
Kuwait replaces oil officials at KPC after $2.2 bln Dow payment
Source: Kuwait News Top Stories
Jalīb aš Šuyūẖ :: Kuwait | updated 2013-05-18 23:52:11 -0700 | business-news
State-run Kuwait Petroleum Company (KPC) appointed a new chief executive and suspended other top officials after the country paid $2.2 billion in damages to Dow Chemical Co over a scrapped plastics joint venture...Newspaper al-Rai said that two of the board...
Kuwait trade surplus to shrink 10.3% to USD88.3bn
Source: Zawya Political
Jalīb aš Šuyūẖ :: Kuwait | updated 2013-05-13 22:59:32 -0700 | business-news
Kuwait GDP is estimated to grow by 1.1 percent in 2013 as oil prices and production stabilizes, exports remain subdued, and government expenditure slows down, according to Global Investment House's review of the Kuwait economy. Kuwait's GDP is estimated to...
Rocket Internet's Namshi raises $13M to expand e-commerce in Middle East
Source: Venture Beat
Jalīb aš Šuyūẖ :: Kuwait | updated 2013-05-13 17:30:51 -0700 | business-news
Rocket Internet can't stop churning out e-commerce startups in emerging markets. Today the Berlin-based incubator program announced that Namshi , its Middle Eastern online fashion retailer, has raised $13 million led by Summit Partners to sustain growth.
Kuwait may sign plane deal in May, Airbus favored: source
Source: Reuters
Jalīb aš Šuyūẖ :: Kuwait | updated 2013-05-13 05:29:43 -0700 | business-news
Airbus 'New Year Press Conference' in Hamburg January 17, 2012. Kuwait is studying plans by its airline to buy 25 Airbus jets, a source with knowledge of the matter said, in the most sweeping overhaul since part of its fleet...
KWD250 minimum wage for private sector citizens to be mooted
Source: Zawya Regional
Jalīb aš Šuyūẖ :: Kuwait | updated 2013-05-12 22:43:34 -0700 | business-news
Al-Majdali stated that such companies should increase the salaries of their Kuwaiti employees. "It is illogical that the government should pay those citizens over and above the salaries they get. Is it logical that a citizen holding a university degree...
Kuwait Airways to sign $3 bln-plus Airbus deal: paper
Source: The Daily Star
Jalīb aš Šuyūẖ :: Kuwait | updated 2013-05-12 03:33:28 -0700 | business-news
State-run Kuwait Airways will spend 850 million dinars ($2.98 billion) on 25 new Airbus jets and aims to lease a further 13 to upgrade its ageing fleet, a Kuwaiti newspaper reported on Sunday...Kuwait Airways plans to buy 10 wide-bodied A350-900...
Howard Dean's former campaign manager working for detainees' release
Source: The Hill
Jalīb aš Šuyūẖ :: Kuwait | updated 2013-05-11 11:58:20 -0700 | business-news
He agreed to help me out on this account as a subcontractor, Cooper said...We are both very much opposed to Guantanamo. Trippi said the Kuwaiti detainees should be given a trial or returned to their home country. Kuwait...
Saudi King sacks air force chief - agency
Source: Zawya Regional
Jalīb aš Šuyūẖ :: Kuwait | updated 2013-05-10 07:36:03 -0700 | business-news
Saudi King Abdullah has dismissed and retired air force chief General Mohammed al-Ayesh by royal decree, the official SPA news agency reported on Friday, without elaborating on why. The monarch named General Fayadh bin Hamed al-Rowaili to succeed him, the...
Kuwait: Proposal to deport 100,000 expats hits cost of bringing in maids
Source: Zawya Regional
Jalīb aš Šuyūẖ :: Kuwait | updated 2013-05-10 02:07:22 -0700 | business-news
May 8 Ministry of Social Affairs and Labor's proposed strategy of deporting 100,000 laborers from the country each year has affected the cost of bringing in domestic workers and other activities of the recruitment agencies, as the cost of recruiting...
QE up 99.20 points this week
Source: Qatar English Daily
Doha :: Kuwait | updated 2013-05-09 14:45:29 -0700 | business-news
Qatar Exchange (QE) index gained 99.20 points, or an increase of 1.13 percent, this week when it closed at 8,847.88 points last afternoon. The trading value increased by 39.51% during this week to reach QR 1,925,723,761.88 compared to QR 1,380,314,231.96....
General James 'Mad Dog' Mattis Email About Being 'Too Busy To Read' Is A Must-Read
Source: BusinessInsider
Jalīb aš Šuyūẖ :: Kuwait | updated 2013-05-09 14:11:43 -0700 | business-news
James Mattis deployment to Iraq in 2004, a colleague (presumably a junior) wrote to him asking about the importance of reading military history for an officer, those of whom often find themselves "to busy to read."...Security Blog "Strife" out of...
Kuwaitis irked at $2.2b payment to Dow
Source: Times of Oman
Jalīb aš Šuyūẖ :: Kuwait | updated 2013-05-08 11:07:40 -0700 | business-news
Kuwaiti media and politicians yesterday fumed at the payment of $2.2 billion to US giant Dow Chemical as a penalty for scrapping a joint venture and called for holding those responsible to account. State-owned Petrochemical Industries Co (PIC) said on...
TABLE-Kuwait 2012 current account surplus jumps 20 pct
Source: The Globe & Mail
Jalīb aš Šuyūẖ :: Kuwait | updated 2013-05-08 12:38:30 -0700 | business-news
Globe Unlimited now and be the first to know with ROB Insight! A Globe Unlimited subscription also gives you: Full access to all our award-winning news articles and exclusive features High resolution photo galleries and interactive videos Access and availability...
IMF urges Kuwait to fund projects with debt
Source: Times of Oman
Jalīb aš Šuyūẖ :: Kuwait | updated 2013-05-07 10:19:46 -0700 | business-news
46 pm Kuwait: Kuwait should sell bonds rather than rely on oil revenue to fund $110 billion of projects including a rail system so the Opec producer can cushion against a drop in energy prices, the IMF said yesterday.
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