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Ethiopia and Kuwait governments vow to strengthen bilateral ties

February 21, 2019

Ethiopia and Kuwait governments vow to strengthen bilateral ties

Johannesburg, South Africa (ADV) – The Ethiopian and Kuwait governments have met and vowed to strengthen ties on mutual interests in bilateral and regional issues.

This agreement was made after the Ethiopian State Minister of Foreign Affairs, Hirut Zemene welcomed the Acting Assistance Foreign Minister of the State of Kuwait,"... Continue Reading

Kuwait Business Council announces largest event in Dubai

February 21, 2019

Kuwait Business Council announces largest event in Dubai

As of tomorrow, the Kuwait Business Council of Dubai and the Northern Emirates will be launching its National Day programme in honour of Kuwait’s 58th National Day and 28th Liberation Day.

Adding to Dubai’s Kuwaiti National Day celebrations, the council will be launching its own celebrations in collaboration with several"... Continue Reading

Al-Falih Sees Saudi-Kuwait Deal To Resume Neutral Zone Oil Output This Year

February 21, 2019

Al-Falih Sees Saudi-Kuwait Deal To Resume Neutral Zone Oil Output This Year

Saudi Arabia expects that it can reach a deal with Kuwait to resume oil production from joint oil fields in the so-called Neutral Zone this year, Saudi Arabia’s Energy Minister Khalid al-Falih said on Wednesday.

“We hope in 2019 it will be resolved,” Reuters quoted al-Falih as saying a day after meeting with the Emir"... Continue Reading

Germany's Obermeyer wins contract to 'overhaul' Kuwait's KWI airport

February 21, 2019

Germany's Obermeyer wins contract to 'overhaul' Kuwait's KWI airport

Kuwait’s Directorate General for Civil Aviation handed a contract to German company Obermeyer to deliver consultancy services to “overhaul” Kuwait International Airport (KWI).

Part of a long-term strategy to spur greater development at KWI, the contract will see Obermeyer managing the ongoing and planned ventures"... Continue Reading

Zain’s National Day TVC reaches one million views

February 21, 2019

Zain’s National Day TVC reaches one million views

KUWAIT: Zain, the leading digital service provider in Kuwait, announced that its latest National Day televised commercial, ‘Al-Zain Yihlalik Helo’, reached over one million views on its official YouTube channel during the first few days of its launch on February 16, 2019.

Zain’s National production for the year 2019"... Continue Reading

Budget & Final Accounts Committee to invite Prime Minister for meeting

February 21, 2019

Budget & Final Accounts Committee to invite Prime Minister for meeting

KUWAIT CITY, Feb 20: The Budget and Final Accounts Committee of the National Assembly will invite HH the Prime Minister Sheikh Jabber Al-Mubarak and number of concerned ministers to attend the meeting that will be held next March, reports Al-Qabas daily quoting sources close to the issue.

The meeting will discuss a number of issues"... Continue Reading

GIG reports KD 11.9m in net profit for 2018 with 18.2 % y-o-y growth

February 21, 2019

GIG reports KD 11.9m in net profit for 2018 with 18.2 % y-o-y growth

KUWAIT: Farqad Abdullah Al-Sane, Chairman of Gulf Insurance Group (GIG), announced yesterday that the Group achieved a net profit of KD 11.9 million ($39.2 million), or 66.49fils per share for the financial year ended December 31, 2018. This represents an increase of 18.2 per cent over the KD 10.1 million ($33.1 million) made in 2017. Net Underwriting Income came to KD 11.98 million ($39.4 million), an increase"... Continue Reading

UPAC completes capital increase ‘process’ – CEO

February 21, 2019

UPAC completes capital increase ‘process’ – CEO

KUWAIT CITY, Feb 20: United Projects for Aviation Services Company (UPAC), a leading commercial real estate and facilities management company, announced that the subscription period for raising its capital has ended successfully. The company has increased its issued and paid-up capital by KD 3,275,000 divided into 32,750,000 ordinary shares, with a total value of KD 18,012,500 including the issuance premium."... Continue Reading

Kuwait and Iraq seek closer trade ties

February 21, 2019

Kuwait and Iraq seek closer trade ties

BAGHDAD, Feb 20, (KUNA): Kuwait’s Minister of Commerce and Industry Khaled Al-Roudhan said on Wednesday that his current visit to Iraq aims to eliminate any hurdles that could encumber the progress of bilateral trade ties.

The Kuwaiti minister’s remarks came amid talks with his Iraqi counterpart Mohammed Al-Ani, where he"... Continue Reading

Sheikh Jaber Causeway: A bridge towards Kuwait’s bright future

February 21, 2019

Sheikh Jaber Causeway: A bridge towards Kuwait’s bright future

KUWAIT: The Sheikh Jaber Causeway is one of the major infrastructural projects aimed at creating a bridge leading Kuwaitis toward a bridge future. The Sheikh Jaber Causeway, which is currently in its final stages, will link Kuwait City with Al-Subiya area and the future Madinat Al-Harir (Silk City) project over Kuwait Bay as part of the development plans kicked started some nine years ago. Through the ‘New"... Continue Reading

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