Established in Kuwait in 1974 and listed on the stock exchange in 1984 with an authorized capital of KD 22 million (around 67 million), HEISCO has a diversified range of business in oil and gas, …
Kuwait cabinet okays proposal to pay social allowance to owners of micro-enterprises
The Cabinet approved granting monthly social allowance and children’s allowance to Kuwaiti owners of micro-enterprises and businesses of a special nature …
Kuwait: Sales in residential property sector down
Sales in residential property for the first half of 2005 saw … according to an economic brief by the National Bank of Kuwait (NBK) released on Tuesday. The losses were due to lower activity …
Kuwait Fund Names New Head of UK Arm Year After Ousting Ex-CEO
(Bloomberg) — Kuwait’s $700 billion sovereign wealth fund appointed Abdulmohsin Al-Mukhaizeem as the permanent head of its London arm, just over a year after the unit’s former boss was ousted. Most …
Kuwait Fund Names New Head of UK Arm Year After Ousting Ex-CEO
(Bloomberg) — Kuwait’s $700 billion sovereign wealth fund appointed Abdulmohsin Al-Mukhaizeem as the permanent head of its London arm, just over a year after the unit’s former boss was ousted. Most …
Analysis-Asia’s refiners face profit crunch as Kuwait cuts crude exports
Asian refiners are on the hunt for crude oil to replace Kuwaiti supply as the OPEC producer cuts exports by nearly a fifth to feed its huge new refinery, which is driving up prices for other sour …
‘Barbie’ Rolls Out in Saudi Arabia With Pink Abayas, Slushies and Éclairs, but Gets Banned in Other Muslim Countries
Censor boards and authorities in Kuwait, Lebanon and Algeria say the movie contains objectionable content, but not all conservative Muslim countries are pushing back.
Kuwait sovereign wealth fund’s London unit appoints new CEO -Global SWF
Kuwait Investment Office (KIO), the London branch of Kuwait’s sovereign wealth fund, has hired Abdulmohsin Al Mukhaizeem, investment chief at Kuwait’s Wafra International Investment, as its new CEO, …
Breaking the Chains: Combating land monopoly in Kuwait
TamimiKuwait grapples with the challenge of land monopoly as vast tracts of land are held by a select few, casting a shadow over economic growth, social equality, and overall accessibility to land for …
UAE’s Al Ansari proposes majority stake acquisition in Oman exchange
Oman will be Al Ansari’s second expansion in the region following Kuwait UAE’s Al Ansari proposes majority stake acquisition in Oman exchange acquisition, Al Ansari Exchange, Al Ansari Finance …