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Kuwait News | Global Arab Network

Kuwait, Germany sign cooperation agreement in health field

Science & Health
Global Arab Network - Kuwaiti Health Minister Dr. Hilal Al-Sayer signed a cooperation agreement covering various fields of bilateral medical cooperation.
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Revving Arab World Job Engines by Getting Entrepreneurs a Fair Shot at the Money

Economics
Global Arab Network - A World Bank Group team was hard at work on putting together a financing facility for micro, small and medium enterprises (MSMEs) before the Arab Spring.
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Kuwait: Qatar Airways Launches Additional Daily Flight On Popular Route

Aviation
Global Arab Network – In a move to provide passengers with more flexible travel options, Qatar Airways has launched an additional daily flight between Kuwait and Doha
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Building back up - Kuwait's real estate looking up

Real Estate
Global Arab Network - According to several recently published reports, the outlook for Kuwait's real estate sector is looking up. After hitting a low in 2009, the real estate market has begun to show signs of recovery and following a moderate expansion in 2010,
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Kuwait: United Real Estate Company Ratings Action

Real Estate

Global Arab Network - Capital Intelligence (CI) announced that it has affirmed the rating of United Real Estate Company’s (URC) KWD40mn unsecured bond at ‘BBB-’ with a ‘Stable’ Outlook.

Finance
Global Arab Network - Having recently published its executive bylaws, Kuwait’s first independent stock market regulator, the Capital Markets Authority (CMA), is now ready to begin operations,
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Kuwait to produce one billion cubic feet of natural gas

Energy
Global Arab Network - The Deputy Managing Director for Exploration and Production Development in Kuwait Oil Company (KOC) Khalid Al-Sumaiti said that the company has plans to reach production of one billion cubic feet of natural gas by
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Kuwait-based Banks reporting increased profits

Finance
Global Arab Network - The financial health of Kuwait’s banking sector has improved markedly since the height of the global financial crisis, when falling asset prices had
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Moody's: Moderate recovery in Gulf countries telecom and utilities sectors

Technology
Global Arab Network - In a new Special Comment issued today, Moody's says that an assessment of the credit conditions of rated corporates in the Gulf Cooperation Council (GCC) points to
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Kuwait: Ahmadi is one of the largest and most modern refineries in the world

Energy
Global Arab Network - Ahmadi oil refinery is currently considered one of the largest and most modern refineries in the world at a capacity of 466,000 barrel per day (bpd),
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Kuwait: Hotel occupancy increases by 61 %

Travel
Global Arab Network - Hotel occupancy in Kuwait increased by three points, settling at 61 percent, compared to the same period in 2010, said a report by Al-Tameer Company for Real-Estate Investment.
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Expanding the GCC - Jordan faces opportunities and challenges

Jordan Politics
Global Arab Network - The new Secretary General of the GCC Abdul Latif Al Zayan announced recently that Jordan and Morocco have been invited to join the GCC (Gulf Co-operation Council).
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