Kuwait’s NIG to launch $358 million financing
Kuwait’s National Industries Group Holding (NIG) said on Sunday it has appointed banks to raise more than 100 million dinars…
May 21, 2012 8:50
Kuwait to Tender for Oil Refinery in June
Fourth refinery expected to cost $14.5 billion; Summer imports of LNG seen rising to 40-45 cargoes
May 9, 2012 9:16
Kuwait to Start Building Six Oil Tankers In 2014
Kuwait Oil Tanker Co will start building six oil and gas tankers in 2014 and receive nine others as part of a deal with South Korea's Daewoo Shipbuilding & Marine Engineering, state-run news agency KUNA said on Wednesday.
May 2, 2012 3:21
Kuwait's KIPCO Upbeat on Outlook after Q1
Kuwait Projects Co., the country's largest investment company, sounded a confident note on its full-year outlook after reporting a five percent increase for first-quarter profit on Tuesday
May 1, 2012 3:22
Kuwait's Commercial Bank Names New Chairman
Commercial Bank of Kuwait (CBK), the Gulf state's fourth largest lender, has named Ali al-Moussa as its new chairman, the company said in a statement posted on the bourse website on Monday
April 30, 2012 3:03
Kuwait to Regulate Social Networking Sites
Kuwait plans to pass laws to regulate the use of social networking sites this year, the information minister said on Tuesday, in the wake of cases of alleged blasphemy and sectarianism that have prompted protests
April 25, 2012 11:17
Agility Files $225 Million Suit against U.S. Agency
Kuwaiti logistics company Agility said on Tuesday it had filed for $225 million in claims against the U.S. Defense Logistics Agency (DLA), saying the agency had breached the terms of a contract.
April 24, 2012 2:51
Kuwait's Cabinet Backs New Law to Privatise Airline
Kuwait's cabinet approved a plan for privatisation of Kuwait Airways within three years; after carrier restructuring delayed the original plans
April 23, 2012 9:05
Kuwait to Shut Parts of Mina Al Ahmadi Refinery in Mid-May
Kuwait's largest refinery Mina Al Ahmadi will be partially shut in mid-May for planned maintenance that is expected to last up to 30 days, four industry sources said on Tuesday.
April 17, 2012 3:57
Kuwait Cuts May’s Crude OSP to Asia by 10 Cents/BBL
Kuwait has cut the OSP for its crude oil sales to Asian buyers for May by 10 cents a barrel from the previous month to $0.60 cents a barrel above the average of Oman/Dubai quotes, a trade source said on Wednesday
April 11, 2012 10:19
Kuwait Bourse to Launch Nasdaq-Backed Trading System
Kuwait's bourse will launch a new trading system on May 13, backed by The Nasdaq OMX Group Inc , to help trading of financial instruments such as derivatives and Islamic bonds, it said on Tuesday.
April 10, 2012 3:05
Kuwait's Boubyan Up as NBK Eyes Stake Increase
Shares in Kuwait's Boubyan Bank rally after National Bank of Kuwait (NBK) received regulatory approval to up its stake in the Islamic lender.
April 10, 2012 2:53
Kuwait's Burgan in $355 Mln Deal For Eurobank's Turkish Arm
EFG Eurobank will sell its Turkish arm to Kuwait's Burgan Bank, in a $355 million deal which will help shore up the struggling Greek lender's capital base.
April 9, 2012 5:18
Kuwait Producing 3 Mln Bpd of Crude Oil -KOC
Kuwait is producing around 3 million barrels a day (bpd) of crude oil, leaving a spare capacity of about 150,000 bpd, the chairman of Kuwait Oil Company said on Monday.
April 9, 2012 5:06
Kuwait's IIG Says Agreed With Most Sukuk Holders
Kuwait's troubled Islamic investment firm International Investment Group(IIG) said on Monday it had reached an agreement in principle with most of its creditors on the main terms of its plan to restructure its $200 million exchangeable sukuk.
March 26, 2012 4:20- Blog
UAE women encouraged and discouraged to become athletic.
People like to say the UAE is a country rife with contradictions-but the point couldn’t be better illustrated by two articles in the local press this week.
May 21, 2012 3:47 0Scammers in the UAE?
Times are a-changing; the safe UAE Kipp grew up in, is changing too. Be cautious of fraudsters and always be careful with your credit card...
May 20, 2012 4:09 0 - Readers' Comments
BREAKING NEWS: Revamped Kippreport.com slicker, sweeter and super efficient
Great work to everyone who worked on the project :)
May 20, 2012 11:21In Pictures: The tallest cities in the Arab world
Thanks for changing it. Thumbs up :)
May 13, 2012 8:25 - Editor's Choice
Flying Shoppers: Dubai hopes airline passengers could ease its debt burden
With its bank credit scarce, Dubai is planning to raise at least $500 million by issuing bonds secured against future revenues of Dubai Duty Free. Will shopping save the day?
March 6, 2012 2:18 1‘Dr Doom’ says buy precious metals as Iran-Israel clash ‘inevitable’
"If you can't live with volatility, stay in bed," says 66-year old economist Marc Faber, who cautions people to secure wealth by buying precious metals and investment equities.
March 6, 2012 1:42 1 - Latest Features
The World’s Most Expensive and Exclusive Eyewear
As the world’s most expensive glasses will be launched this Sunday, Kipp takes a look at some of the most expensive and exclusive eyewear.
May 10, 2012 4:21 0What to get your Mum this Mother’s Day?
Mother’s day is around the corner and if shopping for gifts just isn’t your thing, take a look at Kipp’s top six gift ideas for Mother’s Day…
May 9, 2012 4:37 0
Dubai Municipality launches well-intentioned but weirdly executed awareness campaign.
So how exactly is the Municipality executing this campaign? A series of lectures, workshops, film screenings, awareness drive and, wait for it, taxi drivers.
May 21, 2012 3:53
‘Affordable’ property on the Palm? Oh! How the mighty have fallen...
Benevolent master developer to cater for those ‘less-well-heeded,’ with affordable studios at the Palm Views East and West.
May 21, 2012 3:44
UAE women encouraged and discouraged to become athletic.
People like to say the UAE is a country rife with contradictions-but the point couldn’t be better illustrated by two articles in the local press this week.
May 21, 2012 3:47
Scammers in the UAE?
Times are a-changing; the safe UAE Kipp grew up in, is changing too. Be cautious of fraudsters and always be careful with your credit card...
May 20, 2012 4:09