Kuwait
Kuwait authorities arrest ten on drug trafficking charges
KUWAIT: Narcotics detectives filed 10 drug trafficking and importing cases in the period of March 2-8, 2016 and arrested five...
Kuwait Customs foils attempt to smuggle diamonds
KUWAIT: Customs officers at the Saad Al-Abdullah Airport arrested an Arab man with possession of six plastic bags of diamonds...
Kuwait inflation edges up to 3.3% in Dec
KUWAIT: Inflation in consumer prices edged upwards for the first time in three months in January. Headline inflation rose from...
KIPCO completes $500m bond issue
KUWAIT: KIPCO – the Kuwait Projects Company – has announced that it has successfully completed the issue of a US$...
Customs officers foil bid to smuggle 3.5 mln amphetamine pills
KUWAIT: Customs officers foiled an attempt to smuggle a large quantity of amphetamine pills through Al-Showeikh customs checkpoint. The customs...
Kuwait Customs seizes marijuana at airport
KUWAIT: Airport customs foiled an attempt by a male flight attendant to smuggle a quantity of marijuana. Airport Customs General...
Kuwait Customs seizes e-cigarettes
KUWAIT: Nuwaiseeb customs officers confiscated a quantity of electronic cigarettes with a citizen. A report was made and the confiscated...
Kuwait Customss seizes 1kg marijuana
KUWAIT CITY: Airport customs officers arrested a Nepalese who seemed nervous as soon as he saw customs officers. When his...
Kuwait Customs seizes 1kg shabu
KUWAIT CITY: Customs officers at Kuwait Airport arrested an Asian expatriate with a kilogram of Shabu in his keep. The...
EQUATE sponsors GPCA R&I Summit 2016
KUWAIT CITY, March 3: EQUATE Petrochemical Company, Kuwait’s first international joint-venture in this industry, sponsored the 3rd Research & Innovation...
Indian property exhibition in Kuwait on March 4-5
KUWAIT: The New Indian Express newspaper in association with Life Insurance Cooperation Housing Finance Limited (LIC HFL) will be holding...
Arab govt debts rise sharply in 2015: S&P – $134bn seen in 2016
KUWAIT CITY: Borrowing by leading Arab governments has more than doubled last year and is forecast to remain high in...
KSE rises despite low volume: KFH report – Market cap up by 1.9 pct to KD 25.54 billion
KUWAIT CITY: The three main indexes of Kuwait Stock Exchange (KSE) have closed at end of current week with an...
Kuwait’s credit growth exceeds expectations – NBK ECONOMIC REPORT
KUWAIT: Credit growth exceeded most expectations as it ended 2015 at 8% thanks to a strong December gain. Total credit...
IMF’s Lagarde calls on Gulf states to raise tax, cut spending
KUWAIT: The head of the International Monetary Fund (IMF) on Monday urged member states of the Gulf Cooperation Council (GCC)...
Nour Real Estate posts KD 1.9 million net profits in 2015
KUWAIT: Nour Al-Salhiya Real Estate Company’s deputy chairman of the board and CEO, Bader Al- Rabee’a said that his company...
AUB profits rise 12.9% to KD 77.7m in 2015
KUWAIT: Ahli United Bank (Kuwait) announced operating profits from core businesses of the bank rose to KD 77.7 million in...
Kuwait Customs foils attempt to smuggle hashish, Captagon
KUWAIT: Abdaly custom officers foiled two smuggling attempts of hashish and Captagon to the country. A customs source said the...
Life in jail for drug kingpin
KUWAIT CITY: The Criminal Court of First Instance chaired by Judge Mut’eb Al-Ardhi sentenced the main suspect in a drug...
KFH-Turkey issues capital boosting $350m sukuk
KUWAIT: Kuwait Finance House Turkey (KFH-Turkey) issued Tier 2 capital-boosting sukuk worth $350 million to support its capital situation. The...
