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Kuwait’s Emir Reappoints PM After Election

Sheikh Jaber al-Mubarak al-Sabah has been asked to form his new cabinet.

Liberals, Smaller Tribes Win Seats In Kuwait Vote After Opposition Boycott

The mainly Islamist opposition boycotted the poll in protest against a new voting system announced last year.

Kuwaitis Head To The Polls For Sixth Time Since 2006

The parliamentary election was boycotted by the main Islamist opposition.

Kuwait Elections: Ruling Emir Puts Diplomacy First

The Gulf state is holding a snap parliamentary election on July 27.

Kuwait’s Global Says Completes $1.7bn Restructuring

Under the deal, Global separated its core fee business from other parts of the company.

Kuwait’s NBK Reports 19% Rise In Q2 Profit, Misses Estimates

National Bank of Kuwait posted a net profit of $165.7 million in the second quarter of the year.

Kuwait Sends $200m Worth Of Oil To Egypt

Kuwait last week joined other oil-producing Gulf states in pledging a massive aid package worth $12 billion to Egypt.

Kuwait Court Rejects Election Challenge, Confirms July 27 Vote

Almost constant factional infighting over the past seven years has prompted repeated elections in Kuwait.

GCC Hospitality Market Records Strong Q1 Performance

Events and established tourist attractions sustain robust performance in the hospitality sector for some Middle East cities.

Kuwait Fund Says More Than Doubled UK Investment In Past 10 Years

Kuwait Investment Authority, which has around $342 billion assets under management, has increased investment in Britain to over $24 billion.

Kuwait Cabinet Sets Parliamentary Vote For July 27

This is the sixth assembly contest in seven years in the Gulf country.

Kuwait’s United Real Estate Raises KD60m Via Bond

The amount will be mainly used to refinance existing paper.

Kuwait Sheikh Sues UBS For $21.4m In Dubai Court

Sheikh Meshal Jarah al-Sabah says the bank recruited him to scupper Vivendi’s bid to acquire Zain’s operations in Africa.

Kuwait’s KIPCO Hires Rothschild To Advise TV Arm IPO

KIPCO owns 60.5 per cent of OSN and its Saudi-based partner Mawarid Group has 39.5 per cent.

Kuwait Finance House Says 20% Capital Increase Oversubscribed

The sale will push the bank’s Tier 1 ratio towards its 17 per cent target for the end of 2013.

Kuwait Court Dissolves Parliament, Orders New Elections

The court made its ruling after throwing out an opposition challenge to changes to the electoral system decreed by the emir.

Asian workers take a break at Friday Market in Kuwait City

Economic, Social Pressures Behind Kuwait’s Crackdown On Expats

Kuwait has deported thousands of expatriate workers in the last few months for working without the correct visa or residency papers.

Kuwaiti Woman Jailed For Twitter Insults

Kuwait has penalised several Twitter users in recent months for slurs against the emir, Sheikh Sabah al-Ahmad al-Sabah.

Kuwait’s Zain Launches Share Sale Of Iraqi Unit

The telecoms operator will offer 55.9 million shares at one dinar each.

Kuwait’s Burgan Gets Approval For Stake Buy In Maltese Bank

The lender has received regulatory approval to buy a 25 per cent stake in Malta’s Fimbank.

Kuwait Inks $514m Refinery Upgrade Deal With S.Korea’s Daelim

The work is due to be completed within three years at the refinery.

Kuwait’s Shamali Named Acting Oil Minister

Mustapha al-Shamali is Kuwait’s long-serving finance minister.

Kuwait Grants Oman $2.5bn In Development Aid

The Kuwaiti Fund for Arab Economic Development will supply the amount in annual installments over a 10-year period.

Kuwait Court Scraps Opposition Politician’s 5-Year Jail Term

A former member of parliament, Musallam al-Barrak has been out on bail since he was sentenced in April but could still receive another sentence.

Kuwait Oil Minister’s Resignation Accepted

Hani Hussein came under pressure from lawmakers wanting to question him over a $2.2 billion compensation payment to Dow Chemical Co.

Kuwait Targets 15% Renewable Energy Sources By 2030

The Gulf state has one of the highest energy consumption rates per capita in the world, with the average Kuwaiti using 22 times more resources than the country provides per person.

Stock News: Kuwait Makes Biggest One-Day Gain In Over Four Years

The Kuwaiti index climbs 2.1 per cent to finish at 8,322 points.

Kuwaiti Oil Service Workers On Strike Over Pay

Over 1,000 of around 1,400 staff at Oil Sector Services, owned by Kuwait Petroleum Corporation, have been gathering in a union building.

Kuwait’s Kharafi Group Wins $930m From Libya

The Kuwaiti group signed a contract in 2006 to build a resort in Tripoli, which was later cancelled.

Kuwait Replaces Oil Officials At KPC After $2.2bn Dow Payment

Nizar Mohammad al-Asani replaced Farouk Zanki as CEO at the oil firm and the cabinet approved the nomination of six board members.