KUWAIT.Kuwait will cooperate with France in the field of nuclear power, the deputy prime minister of the Gulf nation said on Friday, hinting it could take a stake in French nuclear group Areva.
Speaking after a meeting with President Nicolas Sarkozy, Sheikh Jaber Moubarak Al-Hamad Al-Sabah said the two leaders had discussed the possible purchase of French military material and the issue of energy and nuclear reactors.
Asked if Kuwait would cooperate with France in the domain of nuclear energy for civilian use, he said: "Yes."
In response to a question on whether Kuwait was among the Gulf co
Posted: December 12, 2016
UAE. A combination of GCC governments healthcare expenditure and participation of private players, leads the industry towards a rapidly growing market sector.
Posted: December 11, 2016
INTERNATIONAL. Kuwait's recent elections will increase tensions between the executive and legislature, hindering economic and fiscal reforms; the extent to which this will happen is unclear.
Posted: December 2, 2016
INTERNATIONAL. But implementation risks remain, including OPEC's adherence to the agreement and the willingness of other participants, notably Russia, to co-operate fully.
Posted: November 30, 2016
KUWAIT. Award-winning spa launches new suite menu, ladies' membership, and ILA brand at Jumeirah Messilah Beach Hotel & Spa.
Posted: November 29, 2016
KUWAIT. Extended agreement sees Kuwaiti bank implement credit scoring analytics to drive behavioral score cards and build risk models across its branches.
Posted: November 25, 2016
KUWAIT. Speaking at the Public Speakers Series by the Kuwait Public Policy Center, Erik R. Peterson encouraged GCC countries to actively pursue their transformation programs taking into consideration the new political situation in the U.S.
Posted: November 22, 2016
UAE. Both Prepaid and postpaid VIVA Kuwait customers will be able to enjoy the ICFLIX library of content.
Posted: November 1, 2016
KUWAIT. Mr. Hodgkinson's career spans more than 40 years of senior UK and global banking experience.
Posted: October 18, 2016
KUWAIT. Grazia Middle East Editor-In-Chief Alison Tay presented key pieces and looks for the coming season.
Posted: October 8, 2016
INTERNATIONAL. The impact of having to write provisions up front will not be that significant because GCC banks are already used to booking general reserves when they extend new loans.
Posted: September 29, 2016
KUWAIT. The Boston Consulting Group's new study shows that the nation's performance in converting wealth and growth into well-being is below par globally.
Posted: September 16, 2016
UAE. Dubai the most sustainable city in the Middle East, although no GCC city finishes in top half; Study indicates significant disparities across region and all cities struggle with environmental issues.
Posted: September 2, 2016
KUWAIT. The sales executive named ahead of his peers across the Middle East markets in the annual Audi Pole Position Program 2015.
Posted: August 28, 2016
UAE. Entrepreneurs cite personal fulfillment, freedom to choose a work-life balance and the ability to be their own boss, according to Bayt.com and YouGov report.
Posted: August 24, 2016
UAE. Index inclusion should raise the profile of sukuk and support inflows from international institutional investors, including index tracking funds.
date:Posted: April 27, 2017
INTERNATIONAL. If history shows us that science has spawned so many unintended discoveries, what is around the next corner of unintended scientific breakthroughs?
date:Posted: April 27, 2017
SAUDI ARABIA. Increase in foreign direct investment seen as part of efforts to diversify the economy and boost investment inflows into the kingdom; National Transformation Programme updates to be revealed at Saudi Forum 2017.
date:Posted: April 26, 2017
UAE. New PwC report finds an increasing need for mid-market accommodations to cater to a younger generation that does not put much emphasis on star ratings; Emerging markets will overtake developed markets as a tourism and hospitality destination but also as key provider of customers.