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Kuwait News | Global Arab Network
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Economics
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Global Arab Network - Kuwait can look back on 2011 as a year characterised by higher than expected oil revenues and developmental progress despite domestic political wrangling |
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Finance
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Global Arab Network - Capital markets in Kuwait, like those in many GCC countries, are currently experiencing a challenging period, with investors largely staying on the sidelines in light of global economic uncertainties. |
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Opinion
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Global Arab Network - In early October, U.S. officials accused Iranian operatives of planning to assassinate Saudi Arabia’s ambassador to the United States on American soil. Iran denied the charges, |
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Technology
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Global Arab Network - With the highly competitive Kuwaiti telecoms market becoming increasingly saturated, the country’s three mobile operators are jostling for position. |
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Economics
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Global Arab Network - While Kuwait has to date played a relatively small role in the fast-growing global market for sukuks, or Islamic bonds, this could change, |
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Economics
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Global Arab Network - Kuwait’s sovereign wealth fund is taking significant steps toward increasing its presence in China, establishing a representative office in Beijing |
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Economics
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Global Arab Network - While the world economy is still plagued by uncertainty, Kuwait’s continues to grow, supporting the country’s medium-term development plans. |
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Energy
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Global Arab Network - With a recent increase in oil production and global crude prices above $100 per barrel, Kuwait is expected to run a substantial fiscal surplus in 2011 thanks to its hydrocarbons export revenues. |
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Economics
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Global Arab Network - Bank lending in Kuwait remained relatively flat during the first half of 2011, though this may have more to do with demand than banks |
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Aviation
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Global Arab Network - With an announcement that a 35% stake in its national carrier is up for sale, the Kuwaiti government has taken another step towards privatising Kuwait Airlines, |
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Finance
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Global Arab Network - Capital Intelligence (CI) has announced that it has affirmed the ratings assigned to Kuwait Finance House (KFH) |
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Economics
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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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Energy
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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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