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Kuwait Opposition Calls For Elected Government, Reforms

The Opposition Coalition said parliament should be able to work without the threat of dissolution.

Kuwait To Open Main Tenders For New Zour Refinery In May

The refinery, which will become the biggest in the Middle East, will begin operations by late 2018 or early 2019.

Shell, BP Sign 5-6 Year LNG Supply Deals With Kuwait

The total volume of super-cooled gas to be delivered between the two companies would be around 2.5 million tonnes a year, a senior official said.

National Bank Of Kuwait Q1 Net Profit Up 3.2%

Net profit was KD83.9 million in the three months to the end of March.

Kuwait Orders Blackout In Court Case Over “Plot” Tape

A statement said all forms of communication were banned from discussing the case, including news outlets and social media.

Kuwait Hopes For Remedy To Gulf Row Over Qatar Soon

Kuwait, which offered to mediate in the dispute, is planning to present a solution to the two sides soon, a Gulf Arab diplomat said.

Kuwait Boosts Oil And Diesel Supplies To Egypt

Kuwait Petroleum Corporation will provide Egypt with 85,000 barrels of crude oil per day.

Kuwait In Talks To Renew Contracts On Supplying Oil To Egypt

In July 2013 Kuwait pledged $4 billion to Egypt, including $1 billion in oil products.

Kuwait’s Oil Output Capacity Rises To 3.3m Bpd – KPC

Kuwait’s oil production is expected to reach 3.5 million barrels per day by 2015, a senior official said.

Kuwait’s Americana Chairman Says Not Aware Of Potential Sale

Sources had said that Kuwait’s billionaire al-Kharafi family was looking to sell Americana and had hired bankers to explore a deal.

Different Arab money

Kuwait’s NIG Says Signs MoU To Sell 30% Of Noor For $99m

The deal will bring it a profit of 7.5 million dinars, the firm said in a statement to the Dubai bourse.

Frustrated Kuwaitis Ask, Why Is Kuwait Falling Behind?

The six parliamentary elections since 2006 and more than ten different governments

Commercial Bank Of Kuwait To Convert To Islamic Banking

Around 85 per cent of shareholders had approved the lender’s new move, the bank’s chairman said.

Kuwaiti Telecom Operator Zain Signs $250m Islamic Loan

Zain will use the money to meet its “operational and expansion financing needs”, it said in a statement.

Kuwait’s Parliament Approves Bill To Create Telecom Regulator

Kuwait is the only Gulf Arab country without a telecom regulator.

Kuwaiti Minister Rejects U.S. Accusations Of Syria Terror Funding

Nayef al-Ajmi was quoted as saying that comments made by the U.S. official in March, were “baseless and groundless”.

Kuwait’s Burgan Bank Says To Raise Capital This Year To Comply With Basel III

The increase, which may happen this year, could be “pure capital” or perpetual bonds or both, its chief executive said.

OSN’s IPO Listing Process To Start In Weeks – KIPCO

Officials say London is being viewed as a primary listing for the firm.

Kuwait’s Oil Exports Fall 3% In 2013

Kuwait’s declining oil export receipts were due to modest global demand and lower oil prices in 2013, a new report says.

Exclusive: Founder Of Islamic Cartoon ‘THE 99’ Denies Knowledge Of Saudi Ban

Reports claimed that a Saudi religious body issued a fatwa banning the popular cartoon series.

Kuwait’s Agility 2013 Profit Rises 37%

Net profit in 2013 was 46.2 million dinars ($164.1 million) compared to 33.7 million dinars a year earlier.

Kuwait Regulator May Delay Enforcement Of Governance Rules

The Capital Markets Authority issued the regulations in June 2013, giving companies until the end of 2014 to implement them.

Kuwait’s Gulf Bank Names Cesar Gonzalez-Bueno New CEO

Bueno replaces Michel Accad who resigned in October last year.

Pakistan Central Bank Blocks Kuwait’s Noor From Selling Meezan Bank Stake

Pakistan’s central bank stated the prospective buyer had not met its standards for suitability.

Kuwait Bourse To Be Big Fish In Small Pond As Others Upgraded

The upgrading of Qatar and the UAE to emerging market status by the MSCI may benefit Kuwait’s stock market.

Egypt Says Two Brotherhood Members Arrested In The Gulf

The arrests are the first reported cases of Egypt’s Gulf allies detaining members of the Islamist group on its behalf.

Kuwait Central Bank Sees GDP Growth Of Up To 3.5% In 2014

Kuwait also expects its ratio of non-performing loans to decline in 2014.

Gulf Arab Rift Has No Effect On Central Bankers Meet -Kuwait

Kuwait’s central bank governor said the dispute had not marred relations between his counterparts from the six-member Gulf Cooperation Council (GCC).

Kuwait Budget Spending Up 8% Year-On-Year In April-Jan

The International Monetary Fund warned Kuwait in December to restrain the rising public sector wage bill and subsidies.

New CEO Of Kuwait’s NBK Backs Bank’s Regional Strategy

NBK’s Islamic banking business has helped to boost profits, the executive said.