http://www.zawya.com/middle-east/countries/kuwaiten-usCopyright 2010 ABQ Zawya Ltd. All rights reserved.Thu, 18 Mar 2010 08:02:00 GMT5014476http://www.zawya.com/middle-east/countries/kuwaithttp://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story.cfm/sidZAWYA20100318080255/GCC corporate earnings fall 5%Corporate earnings of GCC companies have fallen for the second consecutive year, according to a Kuwait-based financial services company.Thu, 18 Mar 2010 08:41:39 GMTEmirates Business 24/7 ZAWYA20100318080255Openhttp://www.zawya.com/story.cfm/sidZAWYA20100318074120/Kuwait: Government in parl. session affirms keenness on KACThe Government is keen on safeguarding rights of the workers and personnel of Kuwaiti Airways Corporation after privatization, a senior official affirmed on Wednesday.Thu, 18 Mar 2010 08:34:48 GMTKUNA (Kuwait News Agency) ZAWYA20100318074120Openhttp://www.zawya.com/story.cfm/sidZAWYA20100318073331/'No smoking' public clinics offer nicotine patches to people in KuwaitThe Ministry of Health announced that 'no smoking' clinics have began to offer nicotine patches to those intending to quit the habit.Thu, 18 Mar 2010 08:33:51 GMTKUNA (Kuwait News Agency) ZAWYA20100318073331Openhttp://www.zawya.com/story.cfm/sidZAWYA20100318073811/Kuwait insists on medical checkup for expats The Ministry of Health insists on subjecting expatriate workers to medical checkup and blood analyses in order to ensure health safety and security in the country, a senior health official said here Wednesday.Thu, 18 Mar 2010 08:33:34 GMTKUNA (Kuwait News Agency) ZAWYA20100318073811Openhttp://www.zawya.com/story.cfm/sidZAWYA20100318073107/Kuwait: Salary hike for doctors on way The Assistant Undersecretary for Financial Affairs at the Ministry of Health Abdul Fattah Al-Asmawy confirmed the new salary scale for expatriate doctors will be paid within the current month, following the Finance Department's completion of the transactions of medical consultants and junior specialists. Thu, 18 Mar 2010 08:32:04 GMTArab Times ZAWYA20100318073107Openhttp://www.zawya.com/story.cfm/sidZAWYA20100318075227/Kuwait will sign four agreements with ACSAD next monthKuwait will sign four agreements next month with the Arab Center for the Study of Arid Zones and Dry Lands (ACSAD) for cooperation on desertification and some types of grazing animals.Thu, 18 Mar 2010 08:31:10 GMTKUNA (Kuwait News Agency) ZAWYA20100318075227Openhttp://www.zawya.com/story.cfm/sidZAWYA20100318071319/NBK introduces the Jordanian Social Security Campaign to the Jordanian Community in Kuwait National Bank of Kuwait (NBK), the leading bank in Kuwait and the highest rated bank in the Middle East, in collaboration with the Jordanian Social Security Corporation (JSSC), recently organized a special gathering to mark the re-launch of the Security Ambassador campaign "the Social Security Office" in Kuwait. Thu, 18 Mar 2010 08:26:03 GMTPress Release ZAWYA20100318071319Openhttp://www.zawya.com/story.cfm/sidZAWYA20100318071928/High gut bacteria levels in GulfLarge amounts of a variety of bacteria found in the human digestive system have been discovered in Kuwait's offshore waters. The bacteria apparently exceed the international limits for offshore areas and could pose a serious threat to the Kuwaiti waters' marine ecosystem, said an Environmental Public Authority (EPA) official.Thu, 18 Mar 2010 08:23:56 GMTKuwait Times ZAWYA20100318071928Openhttp://www.zawya.com/story.cfm/sidZAWYA20100318071902/Kuwait: Slew of loopholes in new private sector labor law?As a part of the Unified Gulf Cooperation Council's (GCC) Traffic Week, from March 14 - 20, the Kuwait and Gulf Link Holding Company (KGL) held a recognition ceremony. Thu, 18 Mar 2010 08:18:47 GMTKuwait Times ZAWYA20100318071902Openhttp://www.zawya.com/story.cfm/sidZAWYA20100318072249/Kuwaiti shares down 15.2 points at early trade Kuwaiti shares opened trade on Thursday down 15.2 points to reach 7,400.6 points.Thu, 18 Mar 2010 08:18:06 GMTKUNA (Kuwait News Agency) ZAWYA20100318072249Openhttp://www.zawya.com/story.cfm/sidZAWYA20100318073010/Kuwait extends $23 mln in loan to EthiopiaEthiopia and Kuwait have inked a loan deal worth KD 7 million (approximately USD 23.8 million), Kuwait's ambassador in Addis Ababa said.Thu, 18 Mar 2010 07:59:00 GMTKUNA (Kuwait News Agency) ZAWYA20100318073010Openhttp://www.zawya.com/story.cfm/sidZAWYA20100318072129/GCC healthcare sector needs large-scale reformsIdentifying an acute shortage of skilled manpower and dearth of private investments as the key obstacles in the GCC healthcare system, Dubai-based investment bank Alpen Capital has called for large-scale reforms in the sector.Thu, 18 Mar 2010 07:41:56 GMTEmirates Business 24/7 ZAWYA20100318072129Openhttp://www.zawya.com/story.cfm/sidZAWYA20100318050155/US talks to Gulf states over tighter Iran boycottStuart Levey, the US Treasury under secretary for terrorism and financial intelligence, visited the region this week to reinforce his country's push for a new round of sanctions against Iran.Thu, 18 Mar 2010 06:18:29 GMTThe National ZAWYA20100318050155Openhttp://www.zawya.com/story.cfm/sidANA20100318T031917ZJOG08/US considering presenting own Mideast plan: reportIn the face of a diplomatic spat with Israel, the White House is weighing proposing a US plan to form the basis of Israeli-Palestinian negotiations, The New York Times reported Wednesday.Thu, 18 Mar 2010 05:05:44 GMTAFP ANA20100318T031917ZJOG08Openhttp://www.zawya.com/story.cfm/sidZAWYA20100317112444/KSE price index in red, closes at 7,415 pts The price index of Kuwait Stock Exchange (KSE) closed 28.5 points in the red and ended the trading session at 7,415.8 points, while the weighted index was at 432.26 after putting on 1.63.Wed, 17 Mar 2010 12:04:01 GMTKUNA (Kuwait News Agency) ZAWYA20100317112444Openhttp://www.zawya.com/story.cfm/sidpdf_170310102916/SICO: GCC Economics (17-Mar-10)This is a PDF report. Wed, 17 Mar 2010 10:20:00 GMTSecurities & Investment Company pdf_170310102916Subscriptionhttp://www.zawya.com/story.cfm/sidZAWYA20100317094318/Kuwaiti shares continue slump in midday Kuwaiti shares continued their slump during midday trade on Wednesday.Wed, 17 Mar 2010 10:16:51 GMTKUNA (Kuwait News Agency) ZAWYA20100317094318Openhttp://www.zawya.com/story.cfm/sidZAWYA20100317094710/Kuwaiti crude drops USD 1.08 to USD 74.73 pb on Tuesday -- KPC Kuwaiti crude oil dropped USD 1.08 and came to USD 74.73 per barrel (pb) on Tuesday, said Kuwait Petroleum Corporation (KPC) on Wednesday.Wed, 17 Mar 2010 10:16:38 GMTKUNA (Kuwait News Agency) ZAWYA20100317094710Openhttp://www.zawya.com/story.cfm/sidZAWYA20100317082457/Syria, GFH sign $333M deal to develop economic zone in Syria The Syrian Investment Authority (SIA) and the Gulf Finance House (GFH) have signed here on Tuesday a Memorandum of Understanding (MoU) to develop an economic zone, power projects and phosphate mines.Wed, 17 Mar 2010 09:52:59 GMTKUNA (Kuwait News Agency) ZAWYA20100317082457Openhttp://www.zawya.com/story.cfm/sidANA20100317T082435ZJKF45/Kuwaiti Banks Plan To Sue Troubled Saudi Groups: ReportA number of Kuwaiti banks have decided to launch legal proceedings against two troubled Saudi business groups for debt estimated at around 1.5 billion dollars, a newspaper reported on Wednesday.Wed, 17 Mar 2010 09:51:10 GMTAFP ANA20100317T082435ZJKF45Openhttp://www.zawya.com/story.cfm/sidZAWYA20100317083018/Financial results show '09 toughest for Kuwait banks Two eminent Kuwaiti economists shared the view on Tuesday that 2009 was the toughest year for the local banking sector, citing the annual financial results of the banks.Wed, 17 Mar 2010 09:47:51 GMTArab Times ZAWYA20100317083018Openhttp://www.zawya.com/story.cfm/sidZAWYA20100317083150/Parliament agrees on lifting immunity of two MPs The National Assembly (Parliament) agreed Tuesday during its regular session to lift the parliamentary immunity of MPs Hussein Al-Qalaf and Daifallah Abo-Ramiya.Wed, 17 Mar 2010 09:47:06 GMTKUNA (Kuwait News Agency) ZAWYA20100317083150Openhttp://www.zawya.com/story.cfm/sidZAWYA20100317083413/Kuwait Airways welcomes meeting with Iraqi carrier officials Kuwait Airways voiced here Tuesday welcome of meetings with Iraqi Airways' officials, categorically denying any prior knowledge of an ongoing visit by an Iraqi delegation to Kuwait.Wed, 17 Mar 2010 09:46:04 GMTKUNA (Kuwait News Agency) ZAWYA20100317083413Openhttp://www.zawya.com/story.cfm/sidZAWYA20100317075930/Kuwaiti shares down at early trade Kuwaiti shares opened trade on Wednesday mostly in the red after closing down 51.1 points on Tuesday.Wed, 17 Mar 2010 09:43:01 GMTKUNA (Kuwait News Agency) ZAWYA20100317075930Openhttp://www.zawya.com/story.cfm/sidZAWYA20100317083521/Kuwaiti-Moroccan team drafts trade accordThe Kuwaiti-Moroccan team charged with drafting a commerce accord held a second preliminary meeting here on Tuesday pending setting a final date for signing it.Wed, 17 Mar 2010 09:38:55 GMTKUNA (Kuwait News Agency) ZAWYA20100317083521Openhttp://www.zawya.com/story.cfm/sidZAWYA20100317035056/Wataniya Airways to add two new destinations The head of Wataniya Airways has announced that the company is to add two new destination to its existing nine before this summer. Wed, 17 Mar 2010 07:11:33 GMTKuwait Times ZAWYA20100317035056Openhttp://www.zawya.com/story.cfm/sidZAWYA20100317035856/Kuwait: Unconstitutional resignationThe Constitutional Court recently overruled a decree passed by the Minister of Social Affairs and Labor(MSAL) Mohammad Al-Afasi to relieve Sheikh Talal Al-Fahad of his duties as the Vice Chairman of the Public Authority for Youth and Sports(PAYS).Wed, 17 Mar 2010 07:11:01 GMTKuwait Times ZAWYA20100317035856Openhttp://www.zawya.com/story.cfm/sidZAWYA20100317040058/Kuwait: New labor law set to outlaw bad management practices Amy (not her real name), a cleaner at a private clinic in Salmiya, was shocked last month to find half of her KD 100 monthly salary, KD 50, being deducted at source from her pay. Wed, 17 Mar 2010 07:10:06 GMTKuwait Times ZAWYA20100317040058Openhttp://www.zawya.com/story.cfm/sidZAWYA20100317040222/Kuwait: Mixed reactions to traffic fine deduction proposal The Interior Ministry has suggested a new method of exacting traffic fines from offenders - deducting the said amount from offenders' salaries. Wed, 17 Mar 2010 07:08:38 GMTKuwait Times ZAWYA20100317040222Openhttp://www.zawya.com/story.cfm/sidZAWYA20100317051212/Net earnings of GCC cement firms up 6.5%Cement companies in the six Gulf Cooperation Council (GCC) oil-producing nations boosted their net earnings by nearly 6.5 per cent in 2009 despite a decline of more than 11 per cent in construction project activity, a Kuwait investment bank said.Wed, 17 Mar 2010 06:24:45 GMTEmirates Business 24/7 ZAWYA20100317051212Openhttp://www.zawya.com/story.cfm/sidZAWYA20100317051543/KFAED to provide USD 52 million deal to JordanJordan and The Kuwait Fund for Arab Economic Development (KFAED) on Thursday will sign a loan agreement to finance the 3rd expansion project of Al-Samra power plant.Wed, 17 Mar 2010 06:23:38 GMTJordan News Agency - Petra ZAWYA20100317051543Openhttp://www.zawya.com/story.cfm/sidGN_16032010_170310/GCC smelters join forcesSix GCC smelter companies have joined to form the Gulf Aluminium Council (GAC) to increase competitiveness and efficiency.Wed, 17 Mar 2010 05:42:07 GMTGulf News GN_16032010_170310Openhttp://www.zawya.com/story.cfm/sidANA20100316T131909ZJGV14/Kuwaiti MPs file no-confidence motion against ministerTen MPs on Tuesday filed a no-confidence motion against Kuwaiti Information Minister Sheikh Ahmad Abdullah al-Sabah, accusing him of putting the Gulf state's national unity at risk by not applying media laws.Tue, 16 Mar 2010 13:38:42 GMTAFP ANA20100316T131909ZJGV14Openhttp://www.zawya.com/story.cfm/sidZAWYA20100316075434/Blair's 'Kuwait Vision 2035' report proposes solutions to key issues - Min.The Kuwaiti government received a report about "Kuwait Vision 2035" prepared by British former Prime Minister Tony Blair, Minister of the Amiri Diwan Sheikh Nasser Sabah Al-Ahmad Al-Sabah said.Tue, 16 Mar 2010 11:54:25 GMTKUNA (Kuwait News Agency) ZAWYA20100316075434Openhttp://www.zawya.com/story.cfm/sidANA20100316T104005ZJGD45/Kuwait minister grilled by MPs, accused of risking unityKuwait's Information Minister Sheikh Ahmad Abdullah al-Sabah was accused during a grilling in parliament Tuesday of putting the Gulf state's national unity at risk by not applying media laws.Tue, 16 Mar 2010 10:51:43 GMTAFP ANA20100316T104005ZJGD45Openhttp://www.zawya.com/story.cfm/sidZAWYA20100316085707/Kuwait: Information minister faces questioning over failure to apply media-related lawsThe 50-member parliament started on Tuesday discussion of a questioning motion tabled by MP Ali Al-Diqbassi against the Minister of Information, Sheikh Ahmad Al-Abdullah Al-Sabah over allegations he failed to apply media-related laws.Tue, 16 Mar 2010 09:08:19 GMTKUNA (Kuwait News Agency) ZAWYA20100316085707Openhttp://www.zawya.com/story.cfm/sidZAWYA20100316085907/KSE price index 46.5 pts in the red by middayThe Kuwait Stock Exchange (KSE) price index was 46.8 points in the minus, reaching 7,449.3 points by midday Tuesday.Tue, 16 Mar 2010 09:07:57 GMTKUNA (Kuwait News Agency) ZAWYA20100316085907Openhttp://www.zawya.com/story.cfm/sidZAWYA20100316084420/Egypt, KFAED sign $105 mln-worth deal on power generating stationThe Egyptian government and Kuwait Fund for Arab Economic Development (KFAED) signed an agreement under which the latter will provide Egypt with a loan of KD 30 million (some USD 105 million) to launch El-Ein El-Sokhna power generating station, east Cairo.Tue, 16 Mar 2010 08:49:18 GMTKUNA (Kuwait News Agency) ZAWYA20100316084420Openhttp://www.zawya.com/story.cfm/sidZAWYA20100316082248/Kuwait devises blueprint to ease out traffic congestion Traffic congestion in Kuwait is expected to be alleviated through planned projects purposed to erect new roads, introduce train services and apply collective transport, a senior official said here Monday.Tue, 16 Mar 2010 08:34:12 GMTKUNA (Kuwait News Agency) ZAWYA20100316082248Openhttp://www.zawya.com/story.cfm/sidZAWYA20100316075025/Kuwaiti shares down at early trade Kuwaiti shares opened trade on Tuesday mostly in the red after closing higher on Monday.Tue, 16 Mar 2010 08:30:10 GMTKUNA (Kuwait News Agency) ZAWYA20100316075025Openhttp://www.zawya.com/story.cfm/sidZAWYA20100316075537/KAMCO announces Manafae shares listing on KSE index KIPCO Asset Management Company announced on Monday at a press conference the listing of Manafae Investment Company K.S.C. shares on the Kuwait Stock Exchange (KSE). Trading of the shares under the investment category will commence on Tuesday, March 16, under the name 'Manafae'.Tue, 16 Mar 2010 08:21:35 GMTArab Times ZAWYA20100316075537Openhttp://www.zawya.com/story.cfm/sidZAWYA20100316075833/KSE agrees listing of Boubyan IndustriesBoubyan International Industries Holding Company (BIIHC) has been officially listed in the Kuwait Stock Exchange (KSE), it was announced here on Monday.Tue, 16 Mar 2010 08:20:22 GMTKUNA (Kuwait News Agency) ZAWYA20100316075833Openhttp://www.zawya.com/story.cfm/sidZAWYA20100316045046/Kuwait Fund to finance power plant in EgyptThe Kuwait Development Fund has agreed to lend Egypt $105 million (Dh385m) for a power station. This is part of the $537m the Egyptian government borrowed to build the power plans in El-Ein El-Sukhna on the Red Sea, according to a statement. Tue, 16 Mar 2010 08:05:02 GMTEmirates Business 24/7 ZAWYA20100316045046Openhttp://www.zawya.com/story.cfm/sidZAWYA20100316075409/Fitch affirms Kuwait International Bank at 'A-'Fitch Ratings has affirmed Kuwait International Bank's (KIB) Long-term Issuer Default Rating (IDR) at 'A-', Short-term IDR at 'F2', Individual Rating at 'C/D', Support Rating at '1' and Support Rating Floor at 'A-'.Tue, 16 Mar 2010 07:58:54 GMTArab Times ZAWYA20100316075409Openhttp://www.zawya.com/story.cfm/sidANA20100316T062045ZJFI89/Kuwait calls for oil production quota compliance Kuwait's Oil Minister Sheikh Ahmad Abdullah al-Sabah said on Tuesday OPEC should maintain its official output quota but called on member states for production compliance.Tue, 16 Mar 2010 07:56:31 GMTAFP ANA20100316T062045ZJFI89Openhttp://www.zawya.com/story.cfm/sidZAWYA20100316042311/South Indian Bank plans more tie-ups in GCC countriesSouth Indian Bank (SIB), one of the largest private banks in India, is tying up with Sri Lanka's Hatton National Bank (HNB), according to SIB chief.Tue, 16 Mar 2010 07:06:03 GMTEmirates Business 24/7 ZAWYA20100316042311Openhttp://www.zawya.com/story.cfm/sidZAWYA20100316042808/GCC insurance premiums hit $10bn last yearInsurance premiums in the GCC reached an overall volume of $10.6 billion (Dh38.92bn) last year, showing a massive 28 per cent year-on-year growth rate, according to research conducted by Value Partners, a leading global management consulting firm.Tue, 16 Mar 2010 07:01:00 GMTEmirates Business 24/7 ZAWYA20100316042808Openhttp://www.zawya.com/story.cfm/sidZAWYA20100315120226/Investment Dar's Application to Enter into Financial Stability Law Accepted The Kuwaiti Legal counsel of the Investment Dar confirms that the application of 9 March 2010 to Kuwait's Special Circuit Court filed on behalf of the Company to enter into Kuwait's Financial Stability Law has been accepted by the Court last Thursday.Mon, 15 Mar 2010 13:31:23 GMTPress Release ZAWYA20100315120226Open