Jazeera Airways, a Kuwait-based airline, recommended record dividends and payments to shareholders totalling up to KD50 million ($166.4 million) in the form of special dividends for 2014 and a share buyback programme.
Kuwait will be showcasing over $2 billion worth of investment in the tourism sector at the Arabian Travel Market (ATM) this May.
Kuwait’s goal of welcoming one million tourists will be their focus at ATM as the government&rs
Kuwait's Agility, the largest Gulf logistics group, trimmed its dividend payout for 2014 despite reporting a 10 per cent increase in both its fourth-quarter and full-year net profit.
The firm said in a statement on Sunday its
Kuwait has said that its strategic food stocks were at their highest level, in a message designed to reassure citizens after it joined a Saudi-led military operation in Yemen.
"We are continually coordinating with the private
Top oil exporter Saudi Arabia and Gulf Opec ally Kuwait will beef up security around their oil facilities, they said, after they and other Arab allies began a military operation in Yemen.
Warplanes from Saudi Arabia and Arab allie
The Kuwait Stock Exchange may offer up to 44 per cent of its shares to a company that has experience in operating bourses when it goes public, a senior government official told Reuters on Thursday.
Such a move, which still require
State-run Kuwait Petroleum Corp (KPC) said the Opec member has raised security around its oil facilities inside and outside the country after Saudi Arabia and Arab allies began a military operation in Yemen.
Kuwait's Minister of Commerce and Industry Abdulmohsen Al-Madaj resigned on Wednesday, becoming the second cabinet minister to quit this month after facing public criticism.
The emir of Kuwait accepted the resignation of Madaj
ABB, a leading power and automation technology group, has won an order worth $12 million from the Ministry of Electricity and Water (MEW) of Kuwait to refurbish and upgrade three existing substations.
This is to help ensure reliab