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Sorouh and Aldar shares moving upward

 

16.06.2013

Sorouh and Aldar real estate properties shares increased quickly getting information of an expected merge between the two firms set for the end of June. Sorouh shares increased by 8.3 percent, and Aldar shares by 4.3 percent. As for Abu Dhabi’s broader measure, it ended flat comparing to dubai’s index which increased 0.2 percent. In Qatar the benchmark retreated 0.4 percent, and Kuwait’s ... More

 

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Dubai Market Versus Kuwaiti Market

Index, Markets - May 30 2013 00:26 AM

Dubai market rose by 1.1% to 2306 points achieving gains of 42%. This result has been achieved after approximate 5 sessions of market fall. Also this market has been recently achieving a race after the profit the Kuwaiti market ... More

 

4G Service Available in Lebanon

News - May 30 2013 00:16 AM

4G service is now active in Lebanon.  But its price is relatively high with respect to the other countries in the region. For instance it Saudi Arabia, $ 4G service is offered with less rate that is 5GB are offered for ... More

 
 

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More Stability For Kuwait

Business, Economy - May 28 2013 04:32 AM

A more stable political climate is in place in Kuwait. The stability has raised investor’s confidence, since the new lawmakers seem to be very cooperative with the government comparing ... More

 

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Kuwait Grants Lebanon an $85 Loan to Finance Power Plant Upgrades

Markets, Regional (Loans) - Feb 7 2013 00:44 AM

Kuwait issued an $85 million loan to Lebanon in order to finance the upgrade of Zouk and Jiyyeh power plants. The agreement was signed by Minister Gebran Bassil and the ... More

 

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Kuwait’s Securities Group Buys Additional 15.8 Percent Stakes of Saudi Land

Markets, Regional (Loans) - Dec 4 2012 23:42 PM

Kuwait's Securities Group Co. stated yesterday that it has bought an extra 15.8 percent stake in a plot of land in Saudi Arabia for a sum of $39.87 ... More

 

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Kuwait Heading for its 14th Consecutive Budget Surplus

Energy Markets, Markets, News - Nov 23 2012 21:02 PM

Kuwait is heading for its fourteenth consecutive year of budget surplus thanks to strong oil prices and high production. The OPEC member is expected to post a surplus of between $ ... More

 

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Kuwait: $100 billion on Two New Oil Projects by 2018

Energy Markets, Markets, News - Nov 23 2012 20:41 PM

Kuwait plans to spend some $100 billion on oil projects inside and outside the Gulf state over the next five years. The expenditure is part of the country’s long-term ... More

 

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Kuwaiti minister explains oil price increase

iran - Aug 5 2012 13:54 PM

The Kuwaiti Oil Minister Hani Hussein believes that a decline in production combined with regional tensions over Iran push oil prices up. In a statement issued Sunday., he said:  The ... More

 

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kuwait to compensate dow

Gulf Countries - May 29 2012 11:59 AM

The International Court of Arbitration of the International Chamber of Commerce (the “ICC”) has released its findings in the arbitration case between The Dow Chemical Company (NYSE: DOW) and Petrochemical ... More

 
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