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With Eye On Iraq, Kuwait Urges End To Political Games

The emir urged Kuwaitis not to publicly discuss an investigation into reports of a recording of people discussing an alleged plot against the governing system.

Kuwaiti Telco Wataniya Names Thani As New CEO

He replaces Abdulaziz Ibrahim Fakhroo, who is leaving as his term has ended.

Kuwait Withdraws Envoy From Iraq Due To Security Situation – Ministry Official

Kuwait said that it would reinstate its ambassador in Iraq once the political situation stabilises.

Jazeera Airways’ Leasing Unit Inks Deal With Portuguese Airline

As per the deal, the company will place two Airbus A320 aircraft on long-term leases with Lisbon-based airline TAP Portugal.

UAE Ranks 12th Globally By Proportion of Millionaire Households

According to the report, 3.3 per cent of UAE households hold private wealth of at least $1million.

Hackers Warn Of Cyber Attacks On Oil Companies In Saudi, UAE, Qatar

The threat has been issued by Anonymous, a politically motivated group of hacktivists, according to Symantec.

Bahrain’s GFH Loses Appeal Against Kuwait Regulator Monitoring

Kuwait’s Capital Markets Authority decided to monitor the stock after it was traded in high volumes ahead of a company disclosure last year.

Mobile Firm Viva Kuwait Reports Six-Fold Jump In Full-Year Profit

Viva, which competes with Zain and Ooredoo subsidiary Wataniya, said it had 2.15 million mobile customers in 2013.

Kuwait Suspends TV Programmes Over Report Related To “Plot” Tape

In April, Kuwait imposed a ban on reporting on an investigation into the recording, saying that media coverage was damaging to the country.

Kuwaiti Faces Guantanamo Transfer Hearing After Security Assurances

Fouzi Khalid Abdullah al-Awda, 37, may have fought alongside al Qaeda and Taliban, according to a U.S. Defense Department prisoner profile.

Kuwait Says Looking To Import Iranian Natural Gas

The Gulf state also signed a contract earlier this year to import liquified natural gas (LNG) from Qatar to help meet its energy needs.

Kuwait’s Ruler Makes Rare Visit To Iran To Build Ties

Kuwait, home to a sizeable Shi’ite Muslim minority, is seen by some as a potential bridge between Iran and the Gulf Arab states.

Battling Inertia – Kuwait’s Dilemma Continues

Can Kuwait overcome its bureaucratic and social hurdles to attract foreign investors and complete its $106 billion development plan?

Kuwait Project Space To Be Boosted By Oil Sector – Doha Bank CEO

Kuwait has projects worth more than $72.8 billion expected in 2014, says CEO.

Kuwait’s Al Mazaya Restructures Debt Into KD12m Islamic Facility

The restructuring will allow the real estate developer to reduce its short-term loans by 39 per cent.

Kuwait’s Emir To Visit Iran, Turn “New Page” In Ties

Emir Sheikh Sabah al-Ahmed al-Sabah will visit Iran on May 31-June 1 at the invitation of Iranian President Hassan Rouhani.

Kuwait’s Global Swings To A Profit In Q1 As Fees Grow

The firm saw a rise in fees from its asset management, investment banking and brokerage businesses.

Kuwait To Deport 15 Egyptians For Sisi Rally

Foreigners in the Gulf state are not allowed to hold political events.

Kuwait Plans June 26 By-Elections After Five Lawmakers Quit

The five MPs quit over a row about questioning the Gulf state’s prime minister in parliament.

China’s Biggest Bank Gets Approval For Kuwait Branch

It will be ICBC’s fourth branch in the Gulf Arab region after Doha, Abu Dhabi and Dubai.

Kuwait Eases Rules For Listing Joint-Stock Companies

Under the new rules, joint-stock companies need annual profits of five per cent of their capital, instead of the previous 7.5 per cent.

UAE, Qatar Prepare For Passive Fund Inflows

For some stocks, such as DP World, NBAD and Ooredoo, the expected inflows will be more than 10 times bigger than the average daily trading volume, predict experts.

Kuwait Signs $3bn LNG Supply Deal With BP

Kuwait Petroleum Corp (KPC) signed a $12 billion LNG supply deal with Royal Dutch Shell on Sunday.

Kuwait Minister Accused By US Of Terrorism Funding Quits – Report

The resignation comes after a senior US official allegedly claimed that Nayef al-Ajmi had “a history of promoting jihad in Syria”.

Kuwait Signs $12bn LNG Supply Deal With Shell

Kuwait Petroleum Corp (KPC) also plans to sign a $3 billion deal LNG supply deal with BP, a senior executive said.

Kuwait’s Burgan Bank Q1 Net Profit Up 10%

Burgan made a net profit of KD17.1 million ($60.8 million) in the three months to the end of March.

Kuwait’s Americana Q1 Profit Rises 10.4%

The company, a franchise operator of restaurants including KFC and Pizza Hut, made $64.4 million in the first three months of 2014.

Kuwaiti Logistics Group Agility Q1 Net Profit Rises 11%

Agility made a profit of 11.24 million dinars ($40.04 million) in the first three months of 2014.

Bahrain’s GFH Appeals Kuwait Market Regulator Monitoring

Kuwait’s regulator noticed GFH stock traded in high volumes in May 2013, the Islamic investment firm said in a statement.

Kuwait Zain Pays $12.5m To Up Stake In Bahrain Unit To 63%

Zain did not explain why it had done the deal but its chief executive said last year that the Kuwaiti telco wanted to retain majority control of the subsidiary.