The suicide bombing on a Shi’ite Muslim mosque last month killed 27 people
A suicide bombing on a Shi’ite mosque in Kuwait City on June 26 killed 27 and wounded more than 200
Kuwait attack has raised concerns about the number of young Saudi men willing to travel to attack Shi’ites in smaller Gulf countries, taking advantage of the visa-free travel
The budget for the year features spending of KD19.17bn and revenues of KD12.2bn, assuming an average oil price of $45 a barrel
About 90 people have been detained by authorities investigating the attack on a Shi’ite Muslim mosque in Kuwait City
Kuwaiti authorities have detained 60 people in connection with the bombing and closed a charity for alleged militant ties in raising funds for Syrians
Arabic-language al-Qabas newspaper quoted security sources as saying that 60 people, including Kuwaiti citizens and nationals of other Gulf states, were detained.
The interior ministry named the bomber as Fahd Suliman Abdul-Muhsen al-Qabaa and said he flew into Kuwait’s airport at dawn on Friday
The interior ministry said the driver of the car was an illegal resident named Abdul-Rahman Sabah Aidan
It was the first suicide bombing at a Shi’ite mosque in Kuwait and worst militant attack in the country for many years.
Ali Saleh al-Omair predicts gains in the final quarter of 2015 on the back of global growth
The 615,000 barrel per day oil refinery has been repeatedly delayed by bureaucratic and political issues
The company is seeking to agree a $2.69bn debt restructuring plan with investors
Independent Petroleum Group bought 60,000 tonnes of the aviation fuel from Kuwait Petroleum Corp in July
Musallam al-Barrak, a former member of parliament, has long been at odds with the authorities over changes made in 2012 to the election law.
The contract is for the sale of 24 Airbus-built military helicopters to Kuwait
The minister expects the rate for international firms to fall and the levy on local companies to rise
Under a new proposal, 20 per cent of the airline’s shares will be offered to Kuwaiti citizens and 5 per cent to current and retired employees.
Kuwait Airways Company is currently undergoing a privatisation process by the Kuwaiti government.
The oilfield will not be reopened until difficulties to operate there are resolved, the US firm said.
The bank did not expect to make any acquisitions this year, but said that it would at some later date as a number of foreign banks in the Middle East pulled out.
The transaction, which requires approvals from the central banks of Kuwait and Egypt, stands to benefit both lenders.
The bank may auction the properties or offer them to be run by other operators, depending on market conditions, an official said.
OPEC production had not risen by more than 200,000 to 400,000 bpd above its 30 million bpd cap since 2011, an official said.
he firm’s net profit in the three months to March 31 was KD11.8 million.
The refinery will also undergo a second round of maintenance for 45 days starting March 1 next year.
The firm had posted falling profits in eight of the preceding 10 quarters.
Total production from the Wafra onshore oilfield is around 190,000 barrels per day.
Kuwait has signed a formal letter stating its firm plans to buy newer-model Boeing jets, sources said.
It did not provide any details such as a timeline or a potential sale price of the unit.