Kuwait’s Minister Urges to Lean Lessons from Euro Zone Problems
Submitted by Sundeep Matharu on Mon, 05/24/2010 - 18:16Reports claim that, Kuwait's Foreign Minister has urged the Gulf Arab countries to learn the lessons from the Euro zone problems.
Since the Gulf Arab countries planning a monetary union, thus in the wake of the developments the Minister advices the countries to observe the euro zone troubles and at the same time give fiscal policies equal importance in the process.
Agility Faces PWC Indictment
Submitted by Medha Sood on Tue, 04/13/2010 - 18:02Kuwait's logistics giant Agility shared on Tuesday that U. S. auditor PWC has indicted DGS Holdings and DGS KSCc, the company's subsidiaries.
"The case…is now before a federal court and PWC has asked the court to determine if the company was properly served with summons on the indictment", quoted Agility.
Kuwait's Global Reports Narrower Q4 Loss, Shares Surge
Submitted by Dominic Haber on Sun, 03/14/2010 - 14:06Kuwait's Global Investment House posted a narrower fourth-quarter net loss of 44.6 million dinars ($154.9 million), driving its shares two percent higher level.
“Peak Oil Period” to Be Attained By 2014, Alarm Scientists
Submitted by Harkamal Singh on Thu, 03/11/2010 - 12:58New matter of concern, as brought into light under recent researches conducted by Kuwait University and Kuwait Oil Company, is the concept of “peak oil”.
U.S. Soldiers with Swine Flu Leave Kuwait
Submitted by Amit Pathania on Mon, 05/25/2009 - 14:18A Kuwaiti health official informed on Sunday that the 18 swine flu affected U. S. soldiers had recovered and left.
These were the first cases of H1N1 influenza in the Gulf Arab oil-exporting region, a government official said on Sunday.











