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Kuwait to privatise parts of its oil sector – report

The plan will enable Gulf and foreign investors to bid for part of the offered shares

US Air Force urges decision on delayed Mideast fighter jet sales

US official says frustration is growing in the GCC countries that have asked to buy US fighter planes

Kuwait foils three ISIL attacks including plot to blow up a mosque

An official statement said several ISIL members had been arrested

Kuwait arrests 47,000 expats in three months as crackdown continues

Kuwait may issue up to $9.95bn debt to cover 2016/17 deficit

It will also borrow up to KD2bn in debt from the domestic market

Kuwait eyes privatisation of sports industry

Minister of State for Youth Affairs Salman Sabah Salem Al-Humoud Al-Sabah chaired a meeting with consulting firm McKinsey

Kuwait Airways’ New York flight to include Ireland stopover

The two and a half hour stopover to be part of an extraordinary security precaution, announced Kuwait Airways

Alabbar-led group buys major stake in Kuwait’s Americana for $2.4bn

The Dubai-based investment group named Adeptio has bought the stake from the Kharafis

Kuwaiti fast-food group Americana revives sale talks

Americana owns the Middle East franchises for fast food chains KFC and Pizza Hut

IMF warns GCC governments to up deficit reduction measures

The fund said an additional substantial deficit reduction effort is required in the region

World Bank lowers GCC growth forecasts

The organisation pulled back its growth predictions due to lower than expected oil prices

Kuwait reduces fuel subsidy budget

Reports suggest the country will lift subsidies in July

WhatsApp down for users

Kuwait jails royals for insulting emir on WhatsApp

Five men including three ruling family members were sentenced to five years in jail

Kuwait awards $4.3bn tender for new airport terminal

Turkish firm Limak Construction is scheduled to complete the project in six years

Kuwait gives in to pay rise demands from oil union

Kuwaiti oil and gas workers went on strike for three days in April

Saudi accuses 32 people of spying for Iran

Moody’s cuts Saudi, Oman, Bahrain debt ratings

The ratings agency downgraded Saudi Arabia’s long-term issuer rating by one notch

Kuwait public sector to cut “unnecessary” expats

Kuwait’s Investment Dar seeks creditor backing for new $2.7bn debt plan

Any deal is complicated by legal claims over Investment Dar’s assets

June OPEC meet to focus on dialogue, not market action – Kuwait

An earlier plan to agree on measures to stabilise soaring oil production failed during talks in Doha in April

Babies sold for $830 in Kuwait as infant trafficking increases

A senior official told Kuwait Times that infant trafficking in the country was on the rise

Expat oil workers in Kuwait end strike

The strike by more than 1,000 workers began on Monday

Kuwait considers deporting expats that lose their job

The country is planning to reduce its foreign population from 69 per cent today to below 50 per cent

Ooredoo Kuwait reports surge in Q1 net profit

Telecommunications operator reports a rise of more than 350 per cent, hitting $33.84m in the first quarter of 2016

Kuwait lost up to $200m during oil strike

A three-day strike by oil and gas workers ended last Wednesday

IMF says it’s encouraged by Gulf’s economic reform plans

Six months ago the IMF warned that budget reforms being considered by most of the Middle East’s oil exporters were likely to be inadequate

Unemployed Kuwaitis unwilling to join private sector

Government survey reveals many are still determined to get a public sector job

Kuwait lowers crude output as workers strike

Thousands of Kuwaiti oil and gas workers are protesting public sector pay reforms

Kuwaiti oil and gas workers begin strike

Workers are protesting public sector pay reforms

Kuwait municipality may cut 60% of expat workforce

​The Gulf state is cracking down on its expatriate population

Kuwait public sector to cut “unnecessary” expats

Kuwaiti oil and gas workers strike on course for Sunday, says union leader

The country’s acting oil minister had said negotiations were underway to avert the strike

Former Kuwaiti MP sentenced for UAE insult

Mubarak Al Duwailah was given a two year jail sentence for insults he made on TV in 2014

Oil prices rise as Iran backs output cap; UAE expects positive impact

Kuwait oil and gas workers to strike over pay cuts

Workers expect cuts to jobs, salaries and benefits as low oil prices hit government coffers