The airport, expected to cost around $3.2 billion, is planned to open in 2020
The Gulf state is pushing ahead with a $2.6 billion plan to build a 36 km causeway connecting Shuwaikh port with the north of the country.
KFH, Kuwait’s biggest Islamic lender, started a restructuring programme last year.
The number of Islamic financial firms which obey religious principles has increased substantially in Kuwait.
The UN is seeking up to $1 billion in aid for Syrian refugees outside the country and $500 million for humanitarian work inside the war-torn country.
STFA will double the capacity at the port and build a small new one at the Ahmadi refinery.
The proposal would be the first time Kuwait has given out financial aid.
Under the contract, the Kuwait Energy- led consortium will begin exploration in Basra’s block 9.
Speaking at the World Economic Forum, Badr al-Saad fears the decline of the yen.
Parliament first backed privatising loss-making Kuwait Airways Corp (KAC) in 2008.
The refinery, which produces 270,000 barrels per day, will be closed for maintenance from April to May.
Kuwait-based Arab Fund for Economic and Social Development has a capital base of around KWD2 billion.
The airline increased its capital through a share issue which was 2.25 times oversubscribed.
Total revenue for April-November was 21.6 billion dinars while spending reached a mere 6.9 billion dinars.
Kuwait’s Future Generations Fund is a nest egg for when the economy suffers shocks.
The country’s government said the changes bring Kuwait into line with democratic norms elsewhere.
Kuwait’s gridlocked political situation is stymying its banking sector.
The Gulf state’s inflation rate will slow to 4.1 per cent next year, says central bank chief.
The fall in the index was led by Kuwaiti investors selling out profitable positions ahead of holidays.
Sheikh Sabah al-Ahmad al-Sabah warned against ‘lawless behaviour and chaos on the streets.’
The telecoms operator covered the costs Zain Saudi owed the U.S. firm.
Sheikh Jaber al-Mubarak al-Sabah has been asked to form a new government by December 16.
Emir Sheikh Sabah al-Ahmad al-Sabah said the new parliament would convene on December 16.
Scott Gegenheimer resigned from telecom operator Wataniya six months ago.
Only 39 per cent of eligible voters cast ballots as several newcomers join parliament.
Despite the many benefits that accrue to all Kuwaitis, thousands are dissatisfied.
Residents who have not paid their dues to the state may be banned from travelling abroad.
Kuwait’s corporate sector experienced a recovery in 2012.
The potential increase will boost KFH’s capital to $1.24 billion.
The lender is not interested in overseas expansion unlike its rival Kuwait Finance House.