Wednesday 28 January 2015
 
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Kuwait

Kuwait slashes spending plan as plunging oil prices hit revenues

Kuwait's finance ministry has slashed spending and projected a big deficit in a draft budget for the next fiscal year, as plunging oil prices hit its export revenues.   The draft budget for the year starting

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Bad weather delays six flights, diverts 21 at Kuwait Airport

Operations at the Kuwait International Airport came to a standstill due to poor horizontal vision when thick fog engulfed the country, causing six flights to be delayed at the airport while 21 others were diverted to neighbouring airports, a rep

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4 Bahrainis die in Kuwait bus crash, 50 injured

Five people were killed and more than 50 others injured in a horrific crash in Kuwait yesterday, involving a bus carrying Bahraini pilgrims. Four of the dead were Bahrainis - a figure the Foreign Affairs Ministry confirmed late la

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Kuwait cuts spending plan as oil prices hit exports

Kuwait's finance ministry has slashed spending and projected a big deficit in a draft budget for the next fiscal year, as plunging oil prices hit its export revenues. The draft budget for the year starting in April envisages s

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Kuwait's URC wins top retail developer award

Kuwait-based United Real Estate Company (URC) has been selected as the ‘Best Retail Developer, Middle East - 2014’ by the World Finance Real Estate Awards. The awards are constituted by World Finance, a London-based le

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Jumeirah Messilah Beach Hotel launches ‘Taste of Mexico’

Jumeirah Messilah Beach Hotel and Spa, Kuwait’s idyllic resort, has launched a Mexican themed dining experience at the Garden Café restaurant. Every Tuesday from 7 pm - 11:30 pm, guests are invited to indulge in a selection

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Al Areen developers in plea for licences

Several Kuwaiti real estate investors are facing difficulties in obtaining the required licences to start their commercial and housing projects as part of Al Areen development project in the Southern Governorate in Bahrain. They s

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NAS wins ground handling contract for Abidjan Airport

National Aviation Services (NAS), a Kuwait-based ground handling company, has reached a new milestone in its expansion with its first contract award in West Africa. With the new contract, NAS has now expanded its operational network to

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Kuwait company awarded Iraq airport project

Kuwait-based Al-Nasriyah Company has signed an agreement with Iraqi National Investment Commission (NIC) for the development of a new cargo airport in Diwaniya governorate of Iraq at a cost of $1.35 billion, said a report. The new

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Kuwait company awarded Iraq airport project

Kuwait-based Al-Nasriyah Company has signed an agreement with Iraqi National Investment Commission (NIC) for the development of a new cargo airport in Diwaniya governorate of Iraq at a cost of $1.35 billion, said a report. The new

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