kuwait

Kuwait’s KNPC Says in Talks For $6.4 Bln in Loans for Clean Fuels Project

DUBAI, May 29 – Kuwait National Petroleum Company (KNPC) is in final stages of talks with international institutions for $6.4 billion in the second tranche of loans to finance its multi-billion dollar Clean Fuels project, state news agency KUNA reported on Sunday. The first portion, signed on April 28, was worth 1.2 billion dinars ($3.97

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Kuwait: Electronic Frontiers

Kuwait’s new electronic media law has draconian elements aimed at curbing freedom of speech, say online journalists BY Abdullah Al Elyan Online media outlets in Kuwait, especially news organizations, eagerly await details of the country’s recently passed Electronic Media Law (EML), which they plan to contest before the Supreme Constitutional Court. They believe the law,

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Kuwait Freedoms Make Austerity Drive Tricky for Government

By Sylvia Westall and Ahmed Hagagy KUWAIT, May 2 – A three-day strike by oil workers in Kuwait last month over pay reforms shows the government faces considerable opposition as it prepares to push through painful and controversial cuts to longstanding welfare benefits. Oil-exporting states around the Gulf are reducing subsidies for fuel, public utilities

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Kuwait: Serious Business

Kuwait’s hydrocarbon sector’s strike is far from being over BY Abdullah Al Elyan The saga of a short-lived strike by Kuwait’s Union of Petroleum and Petrochemical Workers (UPPW) on April 17, is far from over. The strike, which nearly halved the country’s hydrocarbon output on the first day, and threatened its revenues in just three days, may

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U.N. Says Yemen Peace Talks Atmosphere Shows Progress

By Mohammed Ghobari KUWAIT, April 23 – Yemen’s warring factions held their first direct talks in a U.N.-backed peace process on Friday and will meet again despite failing to agree on an agenda, participants said. The United Nations envoy, Ismail Ould Cheikh Ahmed, said the meetings in Kuwait had been constructive and the positive atmosphere was

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Kuwait Oil, Gas Workers End 3-Day Strike: Union

DUBAI, April 20 – Kuwaiti oil and gas workers have ended a three-day strike that had temporarily cut the OPEC member’s crude production by nearly half, the trade union said in a statement posted on its Twitter account. “In honor of his highness the Emir … we have decided the following. First, the cancellation of

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U.S. Poised to Approve Boeing Fighter Jet Sales to Qatar, Kuwait

By Andrea Shalal WASHINGTON, April 18 – The U.S. government is poised to approve two long-delayed sales of Boeing Co fighter jets to Qatar and Kuwait, and could announce the multibillion-dollar deals during President Barack Obama’s visit to the Gulf this week, according to two sources familiar with the matter. Both deals have been stalled

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Yemen Peace Talks Delayed by Ongoing Combat

KUWAIT, April 18 – Peace talks in Kuwait aimed at ending over a year of civil war and a Saudi-led intervention in Yemen will not begin on Monday as planned, officials from the warring sides said, amid objections over continued fighting despite an announced ceasefire. Delegations representing Yemen’s Houthi group and the party of ex-president

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Kuwait Arrests U.K.-Based National For Sarcastic Online Postings

April 1- Kuwait‘s Interior Ministry has arrested a Kuwaiti man who had lived in Britain and charged him with publishing “offensive videos and sarcastic comments” about Gulf leaders on social media, the state news agency KUNA said on Thursday. KUNA, quoting an Interior Ministry statement, said Salem Abdullah Ashtil Dossari had failed to respect Kuwait‘s customs and traditions

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Low Oil Prices: A New Opportunity for Gulf Cooperation

BY Omar Al Ubaydli When the founders of the Organization of the Petroleum Exporting Countries (OPEC), convened in Baghdad in 1960, they made life difficult for themselves by violating virtually all of the ideal conditions for operating a cartel. That is why, 55 years later, Saudi Arabia has made the right decision by maintaining its production,

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