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Kuwait News | Global Arab Network
Kuwait: Bank credit drops by KD 18 million in July
Finance
Thursday, 02 September 2010 23:59
Kuwait: Bank credit drops by KD 18 million in July
Kuwait - The total bank credit in Kuwait declined by KD 18 million in July following the sizeable slide of KD 253 million in the previous month,
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Kuwait - The world’s most attractive market for international retail franchises
Economics
Tuesday, 31 August 2010 10:34
kuwait_shopping_mall_center
Despite its relatively small population, Kuwait is firmly placed among the world’s most attractive and popular markets for international retail franchises
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Kuwait: Property market requires measures to overcome financial strains
Real Estate
Posted by Mokhtar Thabet   
Monday, 30 August 2010 02:19
Kuwait: Property market requires measures to overcome financial strains
KUWAIT - After half a year of recession, the local property market is still in need for measures to overcome financial strains and prod banks to enhance funding
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Fitch: Kuwaiti Banks' Profitability to Remain Pressured by High Impairment Charges
Finance
Posted by George Haddad   
Friday, 27 August 2010 09:09
Fitch: Kuwaiti Banks' Profitability to Remain Pressured by High Impairment Charges
Fitch Ratings says in a new report that most Kuwaiti banks' profitability will remain pressured by high impairment charges this year, as banks build up loan loss reserves
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CI: Kuwait-based Gulf Bank rating reflects recovering profitability
Finance
Thursday, 26 August 2010 15:23
Kuwait_Gulf_Bank
Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed Gulf Bank's (GB) Foreign Currency Long-Term and Short-Term ratings of BBB+ and A2, respectively.
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Kuwait Airways Corporation took loans due to liquidity shortage
Aviation
Tuesday, 24 August 2010 18:04
Kuwait_Airways_Corporation
Kuwait Airways Corporation (KAC) announced Tuesday that it was strongly criticized after taking loans from local banks according to regulations
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35.5 % increase - Kuwait exports 195.000 oil barrels per day to China
Energy
Tuesday, 24 August 2010 17:56
35.5 % increase - Kuwait exports 195.000 oil barrels per day to China
Kuwait's crude oil exports to China jumped 35.5 percent in July from a year earlier to 826,000 tons, equivalent to around 195, 000 barrels per day (bpd)
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Syria: Unprecedented heat wave reduces Kuwaiti tourists
Travel
By Imad Al-Askar   
Monday, 23 August 2010 23:55
syria_bloudan
Syria (Damascus) - Heat wave prevailing across the Syrian resorts have prompted many Kuwaiti tourists to head back home ahead of end of the fasting month
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HBME - Fitch Affirms HSBC Bank Middle East at AA-, Maintains Rating Watch Negative
Finance
Monday, 23 August 2010 10:31
HBME - Fitch Affirms HSBC Bank Middle East at AA-, Maintains Rating Watch Negative
UAE (Dubai) - Fitch Ratings has affirmed HSBC Bank Middle East's (HBME) Long-term Issuer Default Rating (IDR) at 'AA-', Short-term IDR
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GCC states discuss the monetary union steps
Finance
Tuesday, 17 August 2010 18:53
GCC states discuss steps to complete the monetary union
Saudi Arabia (Riyadh) - The Third meeting of the Gulf monetary council attended by governors of monetary institutes and central banks of member states, concluded last night with the
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GCC to use nuclear energy for peaceful purposes
Energy
Green Energy - Solar, Wind, Wave, Tidal and Hydropower   
Tuesday, 17 August 2010 18:44
GCC to use nuclear energy for peaceful purposes
Saudi Arabia (Riyadh) - Secretary General of the Gulf Cooperation Council (GCC) Secretary General Abdulrahman Al-Attiyah presided here the 14th GCC
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Kuwait Petroleum and Japan Oil Corporation sign technology agreement
Energy
Kuwait Petroleum Corporation   
Tuesday, 17 August 2010 00:05
Kuwait Petroleum and Japan Oil Corporation sign technology agreement
State-run firms Kuwait Petroleum Corporation (KPC) and Japan Oil, Gas and Metals National Corporation (JOGMEC), have signed a Memorandum of Understanding (MoU) on
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Kuwait a significant player in the industrial sphere
Industry
Monday, 16 August 2010 14:31
Kuwait a significant player in the industrial sphere
With a number of competitive advantages, including substantial hydrocarbons reserves, abundant liquidity and proximity to a number of growing markets in the region,
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