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Kuwait News | Global Arab Network

Kuwait Finance House ratings reflect strong likelihood of government support

Finance
Global Arab Network - Capital Intelligence (CI) has announced that it has affirmed the ratings assigned to Kuwait Finance House (KFH)
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Gulf countries offering development aid for Morocco and Jordan

Economics
Global Arab Network - Gulf Arab countries plan to fund a five-year development aid programme for Morocco and Jordan, aspiring members
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Kuwait, Saudi Arabia boost oil output to ease prices

Energy
Global Arab Network - OPEC members Saudi Arabia and Kuwait boosted their oil production in August to prevent prices from rising sharply and negatively impacting on the world economy, Kuwait’s oil minister said.
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Kuwait annual inflation hits 11-month low in July

Economics
Global Arab Network - Kuwait’s annual inflation eased to an 11-month low of 4.6% in July and edged up only slightly from the month before on higher food and transport prices, data showed,
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Human development: Kuwait investing in the future

Economics
Global Arab Network - As the number of Kuwaiti students leaving the country to continue their education continues to increase, a trend that looks set to continue,
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Kuwait signs grant agreement for Djibouti from Goodwill Fund

Djibouti Politics
Global Arab Network - Within the framework of the initiative of HH the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah during the 1st International Islamic Economic Conference held in Kuwait
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Kuwait: Financial indicators exceptionally strong

Finance
Global Arab Network - Strong financial indicators in Kuwait have seen the country rewarded by a ratings upgrade.
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Kuwait meeting electricity demand in partnership with private sector

Energy
Global Arab Network - With the recent addition of a new 1400-MW power plant, Kuwait appears ready to meet the increase in electricity demand that occurs every summer.
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Kuwait seeks bids to buy stake in national Airways

Aviation
Global Arab Network - Kuwait invited bids from local and international investors to buy a stake in Kuwait Airways as part of a privatisation process to turn the loss-making airline into profit.
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Kuwait loans Morocco to fund High Speed Train project

Industry
Global Arab Network - The Kuwait Fund for Arab and Economic Development (KFAED) loaned Morocco 712 million dirhams (89.2 million dollars) as part of the first phase of its
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Drought-hit - Kuwait relief mission first to arrive in Somalia

Related news from Kuwait
Global Arab Network - Kuwait Red Crescent Society's mission was the first to arrive in Somalia to offer humanitarian relief aid to the drought-hit Somali people,
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Kuwait to create a communication and internet authority

Technology
Global Arab Network - Fixed-line telephone services in Kuwait are currently owned by the state, however, this may be set to change, according to recent statements by government officials.
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Kuwait, Qatar and UAE to support economic and social programmes in Tunisia

Economics
Global Arab Network - Qatar, the United Arab Emirates and Kuwait asserted their readiness to back up the Tunisian economic and social revival programme
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