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Kuwait Airways Resumes Iraq Flights

This national airline stopped operating flights to Iraq after the 1990 Iraqi invasion.

Kuwait To Grant Africa $2bn In Development Loans, Investments

The soft loans will be granted through the Kuwait Fund for Arab Economic Development, said emir Sheikh Sabah al-Ahmed al-Jaber al-Sabah

Kuwait To Grant Africa $1bn In Development Loans

The loans would come on top of investments by Kuwaiti companies in a number of sectors.

Kuwait Reports First MERS-Coronavirus Case

The World Health Organization said in August the number of confirmed infections worldwide in the past year was 102.

Kuwait Finance House Q3 Net Profit Up 17%, Beats Estimates

The Islamic lender’s net profit rose to KD39.3 million.

Kuwait Telco Zain Extends Profit Slump

The operator made a net profit of 53 million dinars in Q3 compared with a net profit of 59.7 million in the year-earlier period.

Kuwait To Review $16bn Annual Subsidies

Kuwaiti ministers have warned that state expenditures will exceed oil revenues within a few years if spending keeps rising at the current rate.

UK Eyes Further Kuwaiti Investments

London Mayor Boris Johnson hopes to attract greater Kuwaiti investments to the UK.

Kuwait Expects OPEC To Keep Crude Output Target Unchanged

Kuwait is currently producing 2.9 million barrels per day of oil and had the capacity to produce 3.2 million bpd.

Kuwaiti Woman Arrested For Driving In Saudi Arabia

Kuwaiti women are free to drive in their country and enjoy far more rights than those in Saudi Arabia.

Kuwaiti MP To Question Prime Minister Over Housing

Housing is the most pressing issue for Kuwaitis who say they have to wait up to 20 years for a government-subsidised home.

Housing Shortage Poses A Dilemma For Kuwait

Kuwaiti men can apply for government housing after marriage, receiving loans that are paid off slowly.

Kuwait’s PM Says Welfare State Is “Unsustainable”

The International Monetary Fund has repeatedly warned against rising government spending in OPEC member Kuwait.

Kuwait Bourse To Launch Derivatives Trading Next Year

A Kuwaiti investment firm has already expressed interest in trading options.

Gulf Funds May Take Stake In EDF’s UK Nuclear Project

French utility EDF is spending $26 billion to build two nuclear reactors at Hinkley Point in the UK

Kuwait Emerges As Front-Runner To Fill Saudi Security Council Seat

Saudi Arabia rejected a UN Security Council place in protest at the body’s failure to end the war in Syria and act on other Middle East issues.

Kuwait Gives Egypt 5 Years To Repay $2bn Deposit: Egyptian PM

Egypt’s central bank received the $2 billion deposit from Kuwait on Sept. 26.

Kuwait Needs To Curb Wage Growth, Cut Public Spending – IMF

The International Monetary Fund urged the Gulf state to diversify its heavily oil-reliant economy, boost foreign investment and create jobs.

Kuwait Oil Capacity Additions Smaller, Slower Than Hoped

KOC plans to develop the Raqta project on Kuwait’s northern border with Iraq have faced several setbacks.

Siemens Wins $240m Kuwait Petroleum Contract

The company has been awarded a turnkey contract by Kuwait National Petroleum (KNPC) to supply two high-voltage substations.

Kuwait To Transfer $2bn Aid To Egypt

Kuwait’s state news agency said the package would comprise a $2 billion central bank deposit, a $1 billion grant and $1 billion in oil products.

Kuwait Airways May Delay Deal For Airbus Jets

Kuwait Airways signed an initial agreement with Airbus in May to buy 15 A320neo narrow-body jets and 10 of Airbus’s new A350-900 XWB.

Passerby Captures Lion Roaming Streets Of Kuwait

Police are seeking the owner of the lion, believed to be someone who was illegally rearing it as a pet.

Kuwait Emir To Visit White House On Sept. 13 To Discuss Middle East

The visit comes as the United States weighs military strikes in Syria.

Radisson Blu Kuwait Reopens After KD15m Renovation

Well-established property sports chic new look, larger Presidential Suite and enhanced F&B options.

GCC Education System Needs “Drastic Reforms”

A study finds that Gulf students want better trained teachers and up-to-date teaching methods.

Dubai Court Dismisses Kuwaiti Sheikh’s $21m Claim Against UBS

The Sheikh claimed he helped the bank become lead arranger on a $9 billion asset sale by Kuwaiti telecom operator Zain.

Arabtec Denies Merger Talks With Kuwait, Saudi Firms

The Dubai contractor says there are no plans to merge with Kuwait’s Combined Group Contracting Co. and Saudi Arabia’s Saudi Oger.

Dubai’s Arabtec May Merge With Kuwait, Saudi Firms

The construction firm is reportedly in merger talks with Kuwait’s Combined Group Contracting Co and Saudi Arabia’s Saudi Oger.

Kuwait To Deport Nine Egyptians Protesting Against Cairo Crackdown

A security source said the nine were “prominent participants suspected of incitement and chanting hostile slogans”.