Home next GCC next Kuwait

Kuwait

Kuwait to buy Eurofighters in a deal worth up to $9bn

Sources said the 20-year-long deal for 28 Eurofighters would be finalised “in a few weeks”

Kuwait to raise output to compensate for oilfield closures

The country had to shut down two oil facilities that it shared with Saudi Arabia last year

Kuwaiti banks will not feel pinch of low oil prices – Fitch

Public spending in the Gulf state is expected to remain strong thanks to big buffers

Kuwait charges 26 for smuggling weapons from Iran

The arrests come after the country uncovered a weapons cache that was allegedly smuggled from Iran

Kuwait mulls tax on goods and infrastructure as low oil prices bite

The country is looking to impose indirect taxes such as road tolls and paid parking metres to compensate for low oil revenues

Kuwait summons Iran envoy over disputed gas field reports

The off-shore gas field has been a bone of contention between Tehran and Kuwait since the 1960s

Kuwait boycott forces down price of “king of fish”

Consumers launched a Twitter campaign to boycott fishsellers after the price of pompfret rose considerably

Kuwait’s Shuaiba oil refinery resumes operation

The fire at the heavy oil cracking unit at Kuwait’s 200,000 barrel-per-day Shuaiba refinery broke out last Monday

Kuwait’s Shuaiba oil refinery likely to restart “within days” – official

A fire at the 200,000 barrel-per-day Shuaiba refinery forced a total shutdown on Monday

Kuwait shuts down Shuaiba refinery after fire

No casualties were reported due to the fire at the refinery

Kuwait seizes arms, holds suspects in militant plot

A total of 19,000 kg of ammunition, 144 kg of explosives, 68 weapons and 204 grenades were seized

Kuwait approves $10bn infrastructure projects

Among the projects are a series of power plants and desalination facilities

Kuwait’s Agility Q2 net profit rises 5.5%

The firm said net profit in the three months to June 30 was KD 13.5m

Kuwait says uncovers ISIL network

The group, including five Kuwaitis, were reportedly involved in fighting operations in Syria and Iraq

Kuwait awards $11.5bn contracts to build al-Zour refinery

The signing of all the contracts is expected to take place in early October

Drake & Scull wins Dhs 281m deal for Kuwait education project

DSI will undertake mechanical, electrical and plumbing works for the educational institution, slated for completion in 2018

Iran’s foreign minister begins GCC, Iraq tour to defend nuclear deal

Mohammad Javad Zarif is visiting Kuwait and Qatar before heading to Iraq

Kuwait’s Jazeera Airways restarts flights to Egypt’s Assiut

Flights were stopped after Assiut’s airport closed for renovation in June 2014

Kuwaiti MPs head to UK to check on sovereign wealth fund’s London office

They plan to check how investments are being made and whether enough official oversight exists

Saudi-Kuwait joint Wafra oilfield staff told to take leave

The Wafra field was first shut for maintenance on May 11 for two weeks

Global growth to boost oil prices -Kuwait oil minister

Ali Saleh al-Omair said that Kuwait was confident of being able to carry out its oil strategy and raise output by 2020

Kuwait seeks death for 11 mosque bombing suspects

State news agency KUNA said on Tuesday 29 people had been indicted on terrorism charges in relation to the attack

Kuwait committee to visit London for sovereign fund probe

The Kuwait Investment Authority has come under greater public scrutiny following last year’s plunge of oil prices

Kuwait stops issuing visas for expats’ parents

The government has also reformed the validity of family visit visas issued for expats, an official said

Three Saudi brothers arrested over links to Kuwait ISIL bombing

The bombing, which killed 27 people, was Kuwait’s deadliest militant attack

Kuwait detains 26 over deadly ISIL attack on mosque

The suicide bombing on a Shi’ite Muslim mosque last month killed 27 people

A week after Kuwait bombing, Sunnis and Shi’ites pray together for unity

A suicide bombing on a Shi’ite mosque in Kuwait City on June 26 killed 27 and wounded more than 200

ISIL weaves web of support in Gulf Arab states

Kuwait attack has raised concerns about the number of young Saudi men willing to travel to attack Shi’ites in smaller Gulf countries, taking advantage of the visa-free travel

Kuwait parliament approves budget with $27bn deficit

The budget for the year features spending of KD19.17bn and revenues of KD12.2bn, assuming an average oil price of $45 a barrel

Kuwait arrests two police officers in crackdown on militants

About 90 people have been detained by authorities investigating the attack on a Shi’ite Muslim mosque in Kuwait City