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Issue 891 - 10 December 2010

Kufpec in acquisition mode

Subscriber

The international upstream arm of state-owned Kuwait Petroleum Company (KPC) has a mandate to increase its reserves and production mainly through acquisitions across Africa and elsewhere. Kuwait Foreign Petroleum Exploration Company (Kufpec) senior international business analyst Shayma Abdullah Amin told GSN on 30 November in Marrakech that it was looking for “development and producing assets.

Kuwait
Issue 891 - 10 December 2010

Kuwait government alienates supporters

Subscriber

The Kuwaiti authorities’ relentless pursuit of an outspoken parliamentary critic of Prime Minister Sheikh Nasser Mohammed Al-Ahmed Al-Sabah is now alienating potential supporters of the government’s reform plans.

Kuwait
Issue 890 - 26 November 2010

Kuwait imposes UN sanctions on Iran

Subscriber

On 11 November, the Central Bank of Kuwait (CBK) issued a circular to all local banks, investment companies and money exchanges, ordering them to freeze assets and cease dealing with Iranian financial institutions that contribute to the country’s nuclear activities, according to Kuwait’s Al-Qabas newspaper and other local media.

Iran | Kuwait
Issue 890 - 26 November 2010

Kuwait imposes UN sanctions on Iran

Subscriber

On 11 November, the Central Bank of Kuwait (CBK) issued a circular to all local banks, investment companies and money exchanges, ordering them to freeze assets and cease dealing with Iranian financial institutions that contribute to the country’s nuclear activities

Iran | Kuwait
Issue 889 - 12 November 2010

Kuwait: This sporting strife

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Governance problems at some of Kuwaiti sport’s governing bodies have led to the country’s exclusion from some international competitions. Kuwait has twice been suspended by football’s governing body FIFA for political interference since 2007

Kuwait
Subscriber

Confusion is the overwhelming impression as Kuwait’s factions tussle over reform, vested interests, economic strategy and political patronage. These battles are reflected in everything from a dispute over chamber of commerce leadership to control of the Zain telecommunications giant

Kuwait
Subscriber

Commitments by the United States to strengthen its Gulf allies have been confirmed with the public agreement of a multi-billion dollar defence deal intended to shift the balance of power from tipping into Iran’s favour, while allowing the US to safely reduce its boots-on-the-ground military presence in the region and create jobs at home

Kuwait | Saudi Arabia | Oman | United Arab Emirates (UAE)
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A move by UAE state telecommunications company Etisalat to buy a substantial stake in Kuwaiti telecoms player Zain comes as Abu Dhabi extends its ambitions to buy assets in the region following the global downturn.

United Arab Emirates (UAE) | Kuwait
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Seychelles scandal, Media comments, Art activities, Saudi visit, Iranian guest, Concern over national divisions, Football controversy

Kuwait | Saudi Arabia | Bahrain | United Arab Emirates (UAE) | Qatar
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Halliburton wins Eni contract in Iraq. GDF Suez/IP create world’s largest power generator. Praxair buys into ROC

Kuwait | Iraq
Free

Two decades after Saddam Hussein’s invasion and in the fifth year of Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah’s rule, is a more positive investment and policy implementation story starting to emerge from Kuwait? The sometimes beleaguered prime minister Sheikh Nasser Mohammed Al-Ahmed Al-Sabah seems to think so.

Kuwait
Subscriber

The Saudi-Kuwaiti technical committee for border demarcation has signed a contract with New Zealand’s NZ Aerial Mapping. China and Qatar agreed to boost military co-operation at a meeting of senior military officials in Beijing

Kuwait | Saudi Arabia | Qatar
Subscriber

Kuwait’s criminal court on 28 June ordered the release of controversial writer Mohammed Abdulqader Al-Jassem after 49 days in detention.

Kuwait
Issue 879 - 19 June 2010

US updates trafficking report

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The US State Department’s tenth annual Trafficking in Persons report has been released. It details countries’ progress in combating trafficking

Iran | Kuwait | Saudi Arabia
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New Bahrain Citibank chief, United Gulf to sell stake in Tunis International, Dollar sukuk issue ‘in third quarter’, NBK Islamic fund fully subscribed in one day, Investment Dar restructuring nears approval, Qatari Diar ‘prepares $3.5bn bond issue’, Doha Bank eyes $1bn bond sale, New evidence in DIB fraud case

Kuwait | Bahrain | United Arab Emirates (UAE) | Qatar