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Kuwait

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Posted: 14-03-2009
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: May 8, 2018
KUWAIT. The country offers a series of potential benefits to foreign investors including income tax holidays up to 10 years.
Posted: May 4, 2018
UAE. Banks' asset growth remains robust at 4.4%; Overall net profit increased 6.7% year-on-year; Non-performing loan (NPL) ratio for the GCC banking sector reduced by 0.3% to 3.2%.
Posted: April 30, 2018
UAE. Al Masah Capital Weekly Report's expectations for this week: A range bound trading activity, with investors monitoring the release of 1Q earnings.
Posted: April 23, 2018
OMAN. Money prizes exceed US$160,000 USD in cash; Final Award ceremony held in Oman, April 19, 2018.
Posted: April 23, 2018
UAE. Global markets ended higher last week as strong earnings and positive economic news boosted sentiment; Regional investors remain index biased.
Posted: April 13, 2018
LEBANON. 80 semi-finalists from 14 countries competing for US$160,000 in cash prizes for top nine.
Posted: April 9, 2018
UAE. Despite low revenue growth of 2.3 % in 2017 from about 3 percentage points in 2016, GCC banks achieved 6% profit growth due to declining LLPs and cost reductions, BCG's annual banking performance study revealed.
Posted: April 9, 2018
UAE. Most of the regional indexes ended last week on a negative note with Bahrain -2.7%, followed by -2.6% in Kuwait, -0.8% and -0.2% in Dubai and Egypt, respectively.
Posted: April 6, 2018
UAE. The hospitality market across the MENA region witnessed marginal growth in 2017, according to the latest Middle East Hotel Benchmark Survey Report from EY.
Posted: March 19, 2018
UAE. Geopolitical tensions and trade tariffs were the main focus last week, with investors being cautious on news the US may impose tariffs on Chinese imports.
Posted: March 19, 2018
UAE. Total of 94 projects competing for honours in 16 different categories.
Posted: March 18, 2018
UAE. UAE leads the MENA IPO value with US$2.2 billion in Q4 2017, raising the highest value since 2014; More regional energy companies to go public in 2018 and beyond.
Posted: February 27, 2018
UAE. GESS Dubai to discuss challenges and opportunities in teacher recruitment; the total number of schools is 1,597 with a little over 1.1 million students.
Posted: February 14, 2018
LONDON. Insurers in the GCC have historically enjoyed significant capital buffers and benefited from extensive reinsurance support, however continuing headwinds could lead to potential volatility in the operating performance and capitalisation of market participants.
Posted: February 4, 2018
UAE. Saudi Arabia was the best performer over the month with a 5.9% increase, followed by Abu Dhabi and Kuwait up 4.6% and 4.4%, respectively.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 22, 2018
UAE. Cyber-criminals are turning their attention to the supply chain as a new means to exploit business data.
date:Posted: May 21, 2018
UAE. A new defence is being developed that will allow companies to tackle the latest threats as soon as they appear on the network; Machine learning enables AI to detect patterns in all sorts of data sources and create behaviours based on recognized patterns.
date:Posted: May 17, 2018
UAE. The report states that 50% of SME funding applications are rejected by banks and that alternative trade finance, powered by FinTech and Blockchain, is on the rise.
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