Sunday 26 April 2015
 
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Kuwait

Chevron Saudi unit plans to shut joint Kuwait oilfield in May

A Saudi Arabian unit of US oil major Chevron  has told its Kuwaiti partner it plans to shut down an oilfield jointly operated between the two Gulf Opec countries next month over long-standing disputes, three industry sources familiar with

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Kuwait mulls same tax for local, foreign firms

Kuwait is studying proposals to introduce the same tax rates for local and foreign companies, Finance Minister Anas al-Saleh told reporters on the sidelines of a business conference on Monday. "There is a list of taxes on loc

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Kuwait finds four new oilfields with huge volumes

Kuwait, which plans to boost oil output capacity by a third by 2020, has discovered four new oilfields in the north and west of the country, a top oil official was quoted as saying by state news agency KUNA on Sunday. Has

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Kuwait's oil facilities on alert due to Yemen

State-run Kuwait Petroleum Corp (KPC) and all affiliated firms remain on alert, state news agency KUNA said on Wednesday, three weeks after Saudi Arabia and Arab allies began military strikes against Houthi militias in Yemen. The

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Kuwait Finance House Q1 profit up 14.6pc

Kuwait Finance House (KFH), the country's biggest Islamic lender, reported a 14.6 per cent rise in first-quarter net profit on Wednesday, but still fell short of analysts' forecasts. Net profit rose to KD29.9 million ($99.

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Turkish Air invites GCC tourists to visit Tulip Festival

Turkish Airlines, the national carrier of Turkey, is inviting travellers from the GCC and other destinations to join in the celebration of the ‘International Istanbul Tulip Festival 2015’, which runs till May 3. The 10

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Iran eyes Kuwait natural gas export deal

Iran is looking to export natural gas to Kuwait, National Iranian Gas Company chief Hamidreza Araghi said on Sunday, as he confirmed plans to begin exports to neighbouring Iraq next month. "There is capacity to export gas to

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Kuwait crane rental firm in Grove fleet expansion

Integrated Logistics Company (ILC), a leading crane rental company in Kuwait, said it has purchased 10 Grove GMK4100L heavy-lifting cranes in line with its fleet expansion strategy. The Grove cranes work on a variety of projects i

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Viva launches Samsung Galaxy S6 in Kuwait

Viva, a leading telecom operator in Kuwait, has launched the highly anticipated Samsung Galaxy S6 and Samsung Galaxy S6 Edge, offering the device at all Viva’s branches, authorised dealers and on Viva’s E-Store. Viva&r

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Bobcat launches new skid-steer loader in Kuwait

Bobcat, one of the world's leading manufacturer of farm and construction equipments, has rolled out its new version of S450 skid-steer loader in Kuwait. The new Bobcat S450 skid-steer loader was officially launched at an Open Day he

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