High crude oil prices helped to boost revenue in the country, according to official data.
Global Investment House looks at legal options as it undergoes its second debt restructuring in three years.
Third quarter results for the Kuwaiti operator sees profits down as its CEO announces his desire to stand aside early next year.
Opposition groups call for a protest march on Sunday as they reject government’s changes to the voting system.
No one was injured in the gas leak accident, said state news agency KUNA.
Marriage rate is falling while divorces are on the rise – what’s happening to the sanctity of marriage in the conservative Gulf state?
The Kuwaiti telecoms operator is looking for funding to help boost network capabilities and improve its current services.
The decision by Sheikh Sabah al-Ahmad al-Sabah offers hope of new parliamentary elections.
The Qatari telecoms operator is to own almost all of Kuwait’s Wataniya network as Kuwait Investment Authority sell up.
The move is expected to boost Kuwait’s banking sector.
Mohammad al-Hashel has said the Gulf Arab state should take necessary action to reduce spending.
The draft budget, outlined in March, anticipates a spending increase of about 13 per cent.
The oil exporter had petitioned the court to change the electoral boundaries, but the opposition say this would favour government-friendly candidates.
CBK Capital is believed to have $53.5 million in capital and manages a Kuwaiti stocks fund and an Islamic finance fund.
Kuwait plans to more than double the portion of state revenues it puts into its Future Generations Fund.
The government plans to allocate around 25 per cent of state revenues into the fund.
The deals, in the oil and power sectors, will increase the bank’s market share in corporate financing.
Combined oil output from Saudi Arabia, Kuwait and the UAE rose sharply in August.
The Kuwait-based operator has revealed two new appointments to its top level board.
Kuwaiti investment firm NIG is now seeking approval for its lawsuit against Carlyle to be heard in Kuwait rather than the US.
The Kuwaiti-network is expected to agree a non-equity deal with the operator giant to share its network.
Banks are slowly recovering from the 2008 fall out but the impact of a major government spending spree is yet to be fully realised.
Qatar Telecom has received approval from Kuwait’s Capital Markets Authority to buy a stake in Wataniya for $2.2 billion.
National Industries Group Holding said that it has raised enough finance to repay the Sukuk when it matures on August 16.
The salary of an advertising creative director has jumped almost 23% in 2012
The telecoms operator reported a net profit of around $251.58 million in the second quarter of the year.
The Gulf state’s surplus for 2011/2012 was boosted by increased oil income and lower spending.
The Kuwaiti telecoms operator now owns 37 per cent of Zain Saudi following a weak response from other shareholders.
The Kuwaiti telecoms operator reported a loss of 37.3 million dinars compared to the same period last year.
The Kuwaiti investment firm has asked for a four year extension on the Islamic bond which is to mature next month.