http://www.zawya.com/middle-east/countries/kuwaiten-usCopyright 2012 Zawya Ltd. All rights reserved.Mon, 13 Feb 2012 03:29:00 GMT4714476http://www.zawya.com/middle-east/countries/kuwaithttp://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story.cfm/sidZAWYA20120214032939/GCC_Turkey_eye_deeper_tiesGulf hydrocarbon producers and Turkey are considering creating a $10-million company to undertake joint investment in the two regions as part of an agreement to expand commercial and investment ties.Tue, 14 Feb 2012 06:49:52 GMTEmirates 24|7 ZAWYA20120214032939Openhttp://www.zawya.com/story.cfm/sidZAWYA20120214033019/Women_not_quite_on_top_in_GCC_firms_surveyDespite all the talk about a reducing gender gap in corporate board rooms, women still continue to be in minority across the world.Tue, 14 Feb 2012 06:49:09 GMTEmirates 24|7 ZAWYA20120214033019Openhttp://www.zawya.com/story.cfm/sidZW20120213000041/Gulf_states_havent_formally_mulled_plan_if_Hormuz_shutSourceGulf oil producers aren't formally considering a contingency plan to mitigate the impact of any blockade of the Strait of Hormuz, the sea route through which about a fifth of the world's oil is shipped, a Kuwait oil official said Monday, downplaying threats from Tehran.Mon, 13 Feb 2012 09:15:26 GMTZawya Dow Jones News ZW20120213000041Openhttp://www.zawya.com/story.cfm/sidpdf_130212075730/OAB_Al_Arabi_GCC_Virtual_Portfolio_13Feb12This is a PDF report. Mon, 13 Feb 2012 07:55:00 GMTOman Arab Bank SAOC pdf_130212075730Subscriptionhttp://www.zawya.com/story.cfm/sidZAWYA20120213031825/Older_Gulf_hotels_look_to_renovateOlder properties across the Gulf will undergo major renovations to keep pace with the quality of new supply, with some even closing for complete refurbishment, according to a new report by hospitality business property advisor Christie + Co.Mon, 13 Feb 2012 07:47:19 GMTEmirates 24|7 ZAWYA20120213031825Openhttp://www.zawya.com/story.cfm/sidANA20120213T053744ZIFA73/Kuwaits_central_bank_chief_quits_over_spending_reportGovernor of the Central Bank of Kuwait, Sheikh Salem Abdulaziz Al-Sabah, has resigned in protest against the oil-rich Gulf state's steep rise in spending, local media reported.Mon, 13 Feb 2012 06:44:05 GMTAFP ANA20120213T053744ZIFA73Openhttp://www.zawya.com/story.cfm/sidGN_12022012_130244/Shiites_ignore_writers_apology_over_remarksA Kuwaiti writer, who has come under intense fire for ?offensive remarks?, has apologised to Shiites, claiming that his article had been misunderstood.Mon, 13 Feb 2012 05:30:29 GMTGulf News GN_12022012_130244Openhttp://www.zawya.com/story.cfm/sidZAWYA20120212111456/Gulf_Bank_reports_net_profit_KD_306_mn_in_2011Gulf Bank announced a net profit of KD 30.6 million in 2011, compared to KD 19.1 million in 2010. Earnings per share amounted to 12 fils. The Board of Directors has recommended to the General Assembly a 5% bonus shares to be distributed to the shareholders.Sun, 12 Feb 2012 11:27:25 GMTPress Release ZAWYA20120212111456Openhttp://www.zawya.com/story.cfm/sidZAWYA20120212105955/Mobile_operators_to_lower_rates_for_roaming_in_GCC_countriesWith the consumers' interest in mind, the Telecommunications Regulatory Authority (TRA) of Bahrain in coordination with the Gulf Cooperation Council countries (GCC) has issued an instruction to all mobile operators to implement reduced tariffs for international calls made to GCC countries while roaming in GCC countries.Sun, 12 Feb 2012 11:07:55 GMTPress Release ZAWYA20120212105955Openhttp://www.zawya.com/story.cfm/sidANA20120212T101451ZICS81/Iran_speaker_warns_Gulf_Arab_states_not_to_side_with_USIran's parliamentary speaker Ali Larijani warned Iran will not forgive Gulf Arab nations if they continue backing US "plots" against Tehran, local media reported.Sun, 12 Feb 2012 10:27:49 GMTAFP ANA20120212T101451ZICS81Openhttp://www.zawya.com/story.cfm/sidZAWYA20120212041855/UAE_takes_lions_share_of_1t_projects_in_GCCThe UAE ranked top among GCC countries with its lion's share of $636 billion construction projects while the region has more than $1 trillion worth of major projects.Sun, 12 Feb 2012 08:06:06 GMTKhaleej Times ZAWYA20120212041855Openhttp://www.zawya.com/story.cfm/sidKUN0013120211113012/Kuwait_Styrene_Co_announces_99m_net_profit_for_2011The Kuwait Styrene Company (TKSC) announced, on Saturday, a net profit of USD 99 million for the fiscal year ending December 31, 2011.Sat, 11 Feb 2012 12:00:54 GMTKUNA (Kuwait News Agency) KUN0013120211113012Openhttp://www.zawya.com/story.cfm/sidKUN0009120211093010/Finland_keen_on_promoting_commercial_trade_with_Kuwait__envoyFinland's non-resident Ambassador to Kuwait Aaruno Soeriala said that his country is keen on promoting bilateral ties with Kuwait in all domains; especially commercial, which stood at only USD 44 million in 2010.Sat, 11 Feb 2012 10:34:14 GMTKUNA (Kuwait News Agency) KUN0009120211093010Openhttp://www.zawya.com/story.cfm/sidZAWYA20120211085847/Kuwait_Energy_makes_a_new_well_discovery_in_EgyptKuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today announced that it has made an oil well discovery in the Western Desert in Egypt. Sat, 11 Feb 2012 09:08:55 GMTPress Release ZAWYA20120211085847Openhttp://www.zawya.com/story.cfm/sidZAWYA20120211052942/Kuwait_MoE_officials_face_probe_in_midterm_grades_rowThe Ministry of Education(MoE) will investigate allegations leveled against it by students and parents on low mid-term exam grades announced last month. Officials from the ministry, if convicted of deliberately including out-of-syllabus questions, will be forced into retirement, stated a news report quoting sources.Sat, 11 Feb 2012 07:54:00 GMTKuwait Times ZAWYA20120211052942Openhttp://www.zawya.com/story.cfm/sidZAWYA20120211052848/Kuwaits_Sheikh_Jaber_faces_hard_choicesWith the Cabinet set to be sworn in next week, news reports continue to speculate on the names of candidates that are likely to gain key portfolios. HH the Prime Minister Sheikh Jaber Al-Mubarak Al-Sabah will focus on realizing achievements that are top priority.Sat, 11 Feb 2012 07:53:28 GMTKuwait Times ZAWYA20120211052848Openhttp://www.zawya.com/story.cfm/sidZAWYA20120211053235/Kuwait_No_place_in_Cabinet_for_powerful_exministers__Saadoun_lobbies_for_speakershipWell-informed sources said that the new Cabinet will not include former ministers Sheikh Mohammed Al-Sabah and Sheikh Ahmad Al-Fahad Al-Sabah. Sat, 11 Feb 2012 07:52:55 GMTKuwait Times ZAWYA20120211053235Openhttp://www.zawya.com/story.cfm/sidZAWYA20120211060042/Salafists_will_work_as_a_bloc_in_Kuwait_parliament_says_AlKandariMP Dr Mohammed Al-Kandari was recently quoted as saying the Salafist movement will work as a bloc in the next National Assembly and will not be part of the government, reports Al-Watan Arabic daily.Sat, 11 Feb 2012 07:50:52 GMTArab Times ZAWYA20120211060042Openhttp://www.zawya.com/story.cfm/sidZAWYA20120211061029/Rehabilitation_of_NRIs_to_pose_huge_challenge_in_coming_years_for_GCCRehabilitation of Non Resident Indians (NRIs) returning to their home country due to the nationalization drive in many states in the GCC is going to be a huge challenge in the coming years, said former minister of Kerala, M.M Hassan.Sat, 11 Feb 2012 07:50:13 GMTArab Times ZAWYA20120211061029Openhttp://www.zawya.com/story.cfm/sidZAWYA20120211035214/GCC_airports_expansion_woos_investorsThe massive airports expansion programs underway in the GCC countries have been attracting international aviation companies to the region as the airport operators look for technology and services to handle future growth volumes.Sat, 11 Feb 2012 07:36:36 GMTThe Saudi Gazette ZAWYA20120211035214Openhttp://www.zawya.com/story.cfm/sidZAWYA20120211035339/Construction_machinery_business_booms_in_regionNew investors shift focus on construction machinery business amid construction boom in the region.Sat, 11 Feb 2012 07:33:46 GMTThe Saudi Gazette ZAWYA20120211035339Openhttp://www.zawya.com/story.cfm/sidZAWYA20120211042024/GCC_mutual_fund_assets_decline_6_to_34_billionMutual fund assets in the Gulf Cooperation Council, or GCC, shrank six per cent to $34 billion while global mutual fund assets grew 14 per cent to $25.9 trillion in the first half of 2011, results of survey show. Sat, 11 Feb 2012 07:32:03 GMTKhaleej Times ZAWYA20120211042024Openhttp://www.zawya.com/story.cfm/sidKUN0036120210143007/Total_inclined_to_enter_with_Kuwait_in_giant_Chinese_refinery_projectOil giant Total affirmed on Friday it was delving into initial consultations with Kuwait over obtaining a possible share in a huge refinery project being built in Southern China.Fri, 10 Feb 2012 14:44:34 GMTKUNA (Kuwait News Agency) KUN0036120210143007Openhttp://www.zawya.com/story.cfm/sidpdf_100212113955/BMI_Kuwait_Oil__Gas_Report_Nov11BMI View: Kuwait - one of OPEC?s key oil producers ? will experience a relatively slow and steady rise in output. We see Kuwait producing around 3.5mn b/d by 2021, although a substantial rise in oil consumption will reduce oil availability for the export market. We see a faster increase in gas production in the second half of the coming decade, with output exceeding 20bcm by 2021. Kuwait will continue to remain a net gas importer and refined products exporter.- BMI sees Kuwaiti oil production rising from 2.5mn b/d in 2011 to 3mn b/d by 2017, and then to 3.5mn b/d by 2021.- The advance of Project Kuwait - an ambitious scheme to enable IOC upstream investment - is critical to boosting oil production, given the mature nature of the giant Burgan field.- Regulatory approval of the long-delayed al-Zour refinery and the Clean Fuels Project will allow Kuwait to significantly boost both production and exports of refined products, including lowsulphur diesel and Euro-4 gasoline.- Significant non-associated gas in the Jurassic fields in Kuwait?s north must be monetised in order to lessen dependence on gas imports, which we see continuing through to 2021. LNG imports could be supplemented by the re-activation of pipeline imports from Iraq (suspended since 1990).- We expect Kuwaiti gas production to rise from nearly 14bcm in 2011 to over 20bcm by 2021, with imports nearly doubling over the same period from an estimated 4.4bcm in 2011 to over 8.6bcm at the end of our forecast period.Kuwait?s dependence on oil prices leads to high volatility in the country?s export revenues. Our assumptions of a slower growth in China, a faltering recovery in the US and a worsening eurozone debt crisis, clearly pose a threat to global oil demand. We assume OPEC basket oil prices to fall from US$107.52 per barrel (bbl) in 2011 to US$99.38/bbl in 2012, thus creating a downside risk for Kuwait?s macroeconomic outlook.Fri, 10 Feb 2012 11:32:00 GMTBusiness Monitor International Limited pdf_100212113955Subscriptionhttp://www.zawya.com/story.cfm/sidpdf_100212094732/Byblos_Bank_Country_Risk_Weekly_Bulletin_09Feb12This is a PDF report. Fri, 10 Feb 2012 09:45:00 GMTByblos Bank pdf_100212094732Subscriptionhttp://www.zawya.com/story.cfm/sidZAWYA20120210082707/Kuwait_has_big_appetite_to_understand_opportunitiesCooperation within the GCC countries and cross-board investments should be the natural response to the global crisis, says Norman Villamin, Chief Investment Officer, Asia, Coutts, the 300-year-old London-based bank with 40 offices around the world, including three in the region.Fri, 10 Feb 2012 09:12:59 GMTArab Times ZAWYA20120210082707Openhttp://www.zawya.com/story.cfm/sidZAWYA20120210080630/Gulf_countries_line_up_1_trillion_of_projects_by_2020Combined with Qatar's $106bn (to be awarded) projects, more than $1 trillion worth of major new projects are expected to be completed in the GCC region between now and 2020 which is the largest construction work per capita in the world, said a statement issued by MEED Quality Awards for Projects 2012, yesterday. Fri, 10 Feb 2012 08:33:27 GMTThe Peninsula ZAWYA20120210080630Openhttp://www.zawya.com/story.cfm/sidKUN0030120209122923/Kuwaits_trade_policy_extolledThe Gulf Cooperation Council on Thursday spoke highly of efforts made by Kuwait in the implementation of its new developmental strategy as it relies on a free trading system while reducing the economy's dependence on crude oil and natural gas.Thu, 09 Feb 2012 12:42:50 GMTKUNA (Kuwait News Agency) KUN0030120209122923Openhttp://www.zawya.com/story.cfm/sidKUN0033120209122923/Arab_Group_in_WTO_praises_Kuwait_role_in_intl_tradeThe Arab group in the World Trade Organization (WTO) on Thursday praised the report of the State of Kuwait as part of its trade policy review before the organization.Thu, 09 Feb 2012 12:42:21 GMTKUNA (Kuwait News Agency) KUN0033120209122923Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209041458/Health_goes_hitech_at_GCC_conferenceHarnessing the power of information technology is just one of many subjects being discussed at a two-day e-Health GCC Conference organized by Universal Conferences and Exhibitions being held at the JW Marriott in Kuwait City. Thu, 09 Feb 2012 08:14:54 GMTKuwait Times ZAWYA20120209041458Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209042825/Jordanian__Kuwaiti_media_forum_kicks_off_Sunday The Kuwait Journalists Society (KJA) will organize in cooperation with the Jordan Press Association(JPA) the Jordanian -Kuwaiti Media Forum in Amman next Sunday.Thu, 09 Feb 2012 07:47:01 GMTJordan News Agency - Petra ZAWYA20120209042825Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209062103/Firsttime_MPs_are_briefed_on_work_mechanism_in_Kuwait_AssemblySecretary General of the Parliament Allam Al-Kandari on Wed-nesday met the first-time MPs to brief them on the work mechanism in the legislative authority and services offered to parliamentarians, in addition to a tour of the session hall and the offices.Thu, 09 Feb 2012 07:35:24 GMTArab Times ZAWYA20120209062103Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209035217/Global_mutual_fund_assets_put_at_259_trillionShashank Srivastava, acting CEO of the Qatar Financial Centre Authority, said, "The QFCA is delighted to be a sponsor once again of this latest GCC Mutual Fund Industry Survey.Thu, 09 Feb 2012 07:03:08 GMTArab News ZAWYA20120209035217Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209062354/Kuwaiti_PM_begins_discussions_on_making_new_CabinetHH the Prime Minister Sheikh Jaber Al-Mubarak Al-Sabah has started consultations on the formation of the new Cabinet with prominent personalities in the country, such as former ministers and lawmakers, to gauge if they are ready to be part of the new government, reports Al-Watan Arabic daily quoting sources.Thu, 09 Feb 2012 07:01:01 GMTArab Times ZAWYA20120209062354Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209032743/Quality_top_agenda_for_1tn_GCC_projects_industryWith more than $1 trillion worth of major new projects expected to be completed in the GCC between now and 2020, the largest construction work per capita in the world, industry stakeholders are setting up initiatives to ensure these new projects are completed to the highest standards of quality.Thu, 09 Feb 2012 06:34:04 GMTOman Daily Observer ZAWYA20120209032743Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090208/MENA_advertising_to_grow_34_on_social_networks_in_five_years Advertising is expected to grow 34 per cent on social networks in the Middle East and North Africa (Mena) region in the coming years, experts at the Digital Media Forum have said.Thu, 09 Feb 2012 06:14:30 GMTGulf News GN_08022012_090208Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208140956/45000_Kuwaitis_visited_Iran_in_11Around 45,000 Kuwaitis visited various Iranian towns and cities last year, an indication of deep-rooted brotherly ties between the two countries, reports Al-Watan Arabic daily quoting a press statement released recently by the Iranian Embassy in Kuwait.Wed, 08 Feb 2012 14:23:30 GMTArab Times ZAWYA20120208140956Openhttp://www.zawya.com/story.cfm/sidANA20120208T132437ZHOZ99/Gulf_ministers_delay_Syria_meeting_to_SundayGulf foreign ministers have rescheduled their meeting on Syria to Sunday in Cairo, a Gulf Cooperation Council official said on Wednesday.Wed, 08 Feb 2012 13:43:46 GMTAFP ANA20120208T132437ZHOZ99Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208070813/Kuwait_plans_wastewater_projectThe Partnerships Technical Bureau (PTB) in Kuwait has officially launched the Umm Al Hayman Wastewater Project, issuing a request for expressions of interest from the private sector for the development of a new Waste water treatment plant. Wed, 08 Feb 2012 13:33:43 GMTTimes of Oman ZAWYA20120208070813Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208032245/Middle_East_firms_focus_on_market_competitiveness_of_staff_packagesTalent management and organizational effectiveness are high on the agenda this year for Middle Eastern companies, according to Hay Group's Business Outlook study for 2012. Wed, 08 Feb 2012 12:36:55 GMTArab News ZAWYA20120208032245Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208091614/GCC_Mutual_Fund_industry_survey_2011Shashank Srivastava, Acting CEO of the Qatar Financial Centre Authority, said, "The QFCA is delighted to be a sponsor once again of this latest GCC Mutual Fund Industry Survey.Wed, 08 Feb 2012 10:48:51 GMTPress Release ZAWYA20120208091614Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208095836/Ipsos_release_online_panel_dataTwo years after the launching of the Online Audience Measurement project, Ipsos has released KSA and Egypt panel data. Wed, 08 Feb 2012 10:23:51 GMTPress Release ZAWYA20120208095836Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208042315/Iraqi_relations_with_Kuwait_will_deteriorate_following_Islamists_election_win__analystIraqi political analyst Ahmed al-Abyad has expected the deterioration of Iraq's relations with Kuwait, following the win of Kuwait's Islamic Parties in the Kuwaiti Parliament elections recently, according to his statement made to Aswat al-Iraq news agency on Tuesday.Wed, 08 Feb 2012 09:52:06 GMTAswat Aliraq ZAWYA20120208042315Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208044957/Kuwait_18_Islamist_MPs_back_Saadoun__Rashed_drops_out_to_boost_Saqers_chancesEighteen Islamist MPs yesterday declared their backing for prominent opposition MP Ahmad Al-Saadoun to become the next National Assembly speaker, making it almost certain that the veteran lawmaker will be the next speaker barring a major surprise. Wed, 08 Feb 2012 09:23:20 GMTKuwait Times ZAWYA20120208044957Openhttp://www.zawya.com/story.cfm/sidpdf_080212061346/Banque_Audi_MENA_Weekly_Monitor_03Feb12This is a PDF report. Wed, 08 Feb 2012 06:13:00 GMTBanque Audi pdf_080212061346Subscription