National Bank of Kuwait posted a net profit of $165.7 million in the second quarter of the year.
Kuwait last week joined other oil-producing Gulf states in pledging a massive aid package worth $12 billion to Egypt.
Almost constant factional infighting over the past seven years has prompted repeated elections in Kuwait.
Events and established tourist attractions sustain robust performance in the hospitality sector for some Middle East cities.
Kuwait Investment Authority, which has around $342 billion assets under management, has increased investment in Britain to over $24 billion.
This is the sixth assembly contest in seven years in the Gulf country.
The amount will be mainly used to refinance existing paper.
Sheikh Meshal Jarah al-Sabah says the bank recruited him to scupper Vivendi’s bid to acquire Zain’s operations in Africa.
KIPCO owns 60.5 per cent of OSN and its Saudi-based partner Mawarid Group has 39.5 per cent.
The sale will push the bank’s Tier 1 ratio towards its 17 per cent target for the end of 2013.
The court made its ruling after throwing out an opposition challenge to changes to the electoral system decreed by the emir.
Kuwait has deported thousands of expatriate workers in the last few months for working without the correct visa or residency papers.
Kuwait has penalised several Twitter users in recent months for slurs against the emir, Sheikh Sabah al-Ahmad al-Sabah.
The telecoms operator will offer 55.9 million shares at one dinar each.
The lender has received regulatory approval to buy a 25 per cent stake in Malta’s Fimbank.
The work is due to be completed within three years at the refinery.
Mustapha al-Shamali is Kuwait’s long-serving finance minister.
The Kuwaiti Fund for Arab Economic Development will supply the amount in annual installments over a 10-year period.
A former member of parliament, Musallam al-Barrak has been out on bail since he was sentenced in April but could still receive another sentence.
Hani Hussein came under pressure from lawmakers wanting to question him over a $2.2 billion compensation payment to Dow Chemical Co.
The Gulf state has one of the highest energy consumption rates per capita in the world, with the average Kuwaiti using 22 times more resources than the country provides per person.
The Kuwaiti index climbs 2.1 per cent to finish at 8,322 points.
Over 1,000 of around 1,400 staff at Oil Sector Services, owned by Kuwait Petroleum Corporation, have been gathering in a union building.
The Kuwaiti group signed a contract in 2006 to build a resort in Tripoli, which was later cancelled.
Nizar Mohammad al-Asani replaced Farouk Zanki as CEO at the oil firm and the cabinet approved the nomination of six board members.
One of the world’s richest countries per capita, Kuwait has struggled for years to get big infrastructure projects off the ground because of bureaucratic red tape and political turmoil.
The deal, which will see Kuwait Airways pay around 850 million dinars ($2.98 billion) for 25 new planes, could be closed this month.
Kuwait’s elected parliament has been caught in a long-running power struggle with the appointed government.
The firm is currently undertaking a KD1 billion debt restructuring plan agreed in 2011.
The proposal calls for state-owned Kuwait Airways to buy 25 new Airbus jets and to lease a further 13 to upgrade its fleet but needs government approval.