Edition:
International

Ahmed Hagagy

Kuwait starts to recycle massive tyre graveyard

Sep 07 2021

KUWAIT More than 42 million old vehicle tyres dumped in Kuwait's sands have started to be recycled, as the Gulf state tackles a waste problem that created one of the world's largest tyre graveyards. | Video

Kuwait seeks investors to finance three power projects

Aug 31 2021

Kuwait Kuwait plans to attract outside investors to fund several power projects under a public-private partnership programme that will cover more than half of its future electricity needs over the next two decades, a government official said.

OPEC+ could reconsider output increase, says Kuwaiti oil minister

Aug 29 2021

KUWAIT (Reuters) -The increase in oil output agreed last month by OPEC+ nations could be reconsidered at its next meeting on Sept. 1, Kuwait's oil minister said on Sunday.

UPDATE 1-OPEC+ could reconsider output increase, says Kuwaiti oil minister

Aug 29 2021

KUWAIT, Aug 29 The increase in oil output agreed last month by OPEC+ nations could be reconsidered at its next meeting on Sept. 1, Kuwait's oil minister said on Sunday.

Kuwait's economic makeover under threat as small businesses fight for life

Aug 12 2021

KUWAIT Thousands of small and medium Kuwaiti businesses could go to the wall after being walloped by the pandemic, potentially torpedoing a private sector central to the country's efforts to remake its unorthodox and oil-pumped economy.

Kuwait wealth fund appoints interim managing director - source

Aug 11 2021

KUWAIT (Reuters) -The Kuwait Investment Authority (KIA), the Gulf country's sovereign wealth fund, has appointed Badr al-Ajeel as interim managing director pending a permanent appointment, a source familiar with the matter said on Wednesday.

Kuwait's KFH eyes government projects in Saudi, plans new sukuk in 2022

Aug 04 2021

KUWAIT, Aug 4 Kuwait Finance House (KFH) , the Gulf nation's biggest Islamic lender, plans to finance government projects in Saudi Arabia, including in the NEOM business zone, its acting chief executive officer told Reuters.

Kuwait central bank chief calls for reforms to ensure stability

Jul 26 2021

KUWAIT Kuwait needs urgent reforms to put its finances on a more sustainable footing, as monetary tools are not sufficient to address structural challenges, the governor of the central bank said on Monday.

Kuwait assembly backs budget but political feud rumbles on

Jun 22 2021

KUWAIT (Reuters) -Kuwait's parliament approved the 2021-22 state budget on Tuesday but failed to quell a bad-tempered standoff between government and opposition that has blocked economic reforms and hampered decision-making at the Gulf state's sovereign wealth fund.

Kuwait political standoff escalates in game of musical chairs

May 25 2021

KUWAIT Kuwaiti opposition lawmakers intent on questioning the prime minister were on Tuesday obstructing parliamentary business by occupying ministers' seats, escalating a standoff between the appointed government and the elected assembly.

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