KUWAIT A "Silk City" rising from Kuwait's northern sandy plains will help diversify the Gulf Arab state's economy away from oil, draw foreign investment and galvanize trade links with Iraq, Iran and China - or at least that's the plan.
KUWAIT Kuwait's foreign minister said on Wednesday that a long-awaited U.S. peace proposal for the Middle East should be acceptable to all stakeholders and factor in regional considerations.
* Gulf rift, Yemen and Syria also discussed
(Adds quotes, context)
KUWAIT/ATHENS, Feb 14 A consortium led by
Kuwait's National Investment Co and including the
Athens bourse won a tender to acquire 44 percent of the Kuwait
stock exchange, NIC's chairman said on Thursday.
KUWAIT, Jan 21 Kuwait on Monday projected a 4.7
percent rise in spending to 22.5 billion dinars ($74.15 billion)
as part of its state budget for the year ending on March 31,
2020, as the major oil producer seeks to spur economic growth.
KUWAIT OPEC and allied oil producers are ready to hold an extraordinary meeting and will do what is needed if the current cut in oil output by 1.2 million barrels per day does not balance the market next year, the United Arab Emirates' energy minister said on Sunday.
KUWAIT, Dec 19 Kuwait's Agility, one
of the largest Gulf logistics companies, is in talks with banks
to raise around $800 million in debt as it plans to grow its
business, including expanding its global warehouse capacity, the
company's chief executive told Reuters.
KUWAIT Saudi Crown Prince Mohammed bin Salman arrived in Kuwait on Sunday, state media reported, amid expectation that he will discuss oil supplies and a Kuwaiti mediation effort to resolve Saudi Arabia's conflict with Qatar.
KUWAIT Kuwait and the Philippines agreed measures on Friday to regulate the employment of domestic workers from the Southeast Asian country, following a diplomatic row amid reports of abuse.
KUWAIT Kuwait Investment Authority (KIA), one of the world's biggest sovereign wealth funds, aims to diversify its portfolio and is looking to increase investments in emerging markets such as China, India and Brazil, the group CEO said on Wednesday.