The new office will act as a sales and customer service hub for IBM’s offerings in the region.
New expats will only be allowed to enter the country to replace those leaving, according to reports.
The firm, a subsidiary of Qatar’s Ooredoo, made a net profit of KD2.2 million in Q1 2015.
Saad al-Ajmi, spokesman for the Popular Action Movement (PAM) was reportedly deported.
The total value of projects awarded in the GCC climbed to above $40 billion in Q1 2015.
Chevron’s decision was mainly down to problems getting work permits from the Kuwaiti authorities for its expatriate staff, sources told Reuters
The bank said in a bourse filing that net profit for the three months to the end of March was $32.4 million.
The company is looking in all regions and did not specify a minimum price level below which the acquisitions would become uneconomic.
Kuwaiti companies generally do not pay taxes on income, although foreign firms pay a levy on commercial activities.
The grades found in the fields were both light and heavy oil, with preliminary results showing “huge commercial volumes”, KUNA said.
Net profit rose to $99 million in the three months.
Kuwait Petroleum Corp said at the start of military operations in Yemen led by Saudi Arabia that it had raised security around its oil facilities.
The unit’s operational rates were still high and oil product exports will not be affected, an official said.
The company’s board said it would ask shareholders to vote on the matter, just a day after Bahrain’s Gulf Finance House said it was considering leaving the Kuwaiti bourse.
Net profit was $319.5 million in the first quarter of 2015, a statement said.
Iran gas exports to Kuwait could be operational if a contract is signed, a senior official said.
Kothari Investment Partners is looking to appeal to a broader investment base, including ethical investors in Europe.
The new law mandates all men to undergo compulsory military training once they reach the age of 18 and to remain in reserve forces till the age of 45.
Kuwait, Saudi Arabia and the United Arab Emirates have provided billions of dollars of aid to Egypt in the past two years.
As part of the restructuring plan, Aayan plans to liquidate some of its portfolio of listed Kuwaiti companies.
The new funding will be used to finance the company’s current and future projects and international expansion plans.
Full year revenue rose 31 per cent to KD238.97 million in 2014, while operating costs increased eight per cent to KD126.26 million.
The bond will be issued through a special purpose vehicle, NBK Tier I Financing Ltd, and be guaranteed by NBK.
The United Nations has appealed for $8.4 billion for Syria this year to help deal with the ballooning humanitarian crisis.
An official said that tankers were operating in a safe and usual manner through the Bab el-Mandeb strait.
The firm said in a statement on Sunday its net profit in the last quarter of 2014 grew to $45.7 million.
Such a move would open the way for an international exchange operator such as Nasdaq OMX or Euronext to take a stake in the stock market.
Kuwait relies on imports for the majority of its food needs and depends on the narrow shipping lane of the Strait of Hormuz for imported food supplies.
These measures include “securing all industrial safety and security requirements and raising the level of security measures of oil installations.
Local media said the resignation came as a member of parliament had demanded to question the minister for allegedly failing to protect the rights of small shareholders.