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 8:50Register for our free newsletter
Kuwait’s National Industries Group Holding (NIG) said on Sunday it has appointed banks to raise more than 100 million dinars…
May 21, 2012 8:50Fourth refinery expected to cost $14.5 billion; Summer imports of LNG seen rising to 40-45 cargoes
May 9, 2012 9:16Kuwait 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 3:21Kuwait 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 3:22Commercial 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 3:03Kuwait 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 11:17Kuwaiti 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 2:51Kuwait's cabinet approved a plan for privatisation of Kuwait Airways within three years; after carrier restructuring delayed the original plans
April 23, 2012 9:05Kuwait'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 3:57Kuwait 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 10:19Kuwait'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 3:05Shares 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 2:53EFG 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 5:18Kuwait 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 5:06Kuwait'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