Top Kuwait News

Shuaa Capital de-lists from Kuwait Stock Exchange

Shuaa Capital confirms that its shares have now been de-listed from the Kuwait Stock Exchange (KSE") with effect from 1 January 2009, pursuant to the decision taken by the company's shareholders in June 2008.? Press Release - 07Jan 07:19GMT
KI Forecasts 100% Increase in GCC Turnover

One of America's largest office furniture manufacturing companies, Krueger International, (KI) is forecasting a 100 per cent increase in GCC turnover in the 2009 financial year. Khaleej Times - 07Jan 07:00GMT
Israeli terror in Gaza overshadows US-Gulf forum

Israeli terrorism and the blindly biased US policy in the Middle East overshadowed deliberations at a high-profile forum on US-Gulf relations, which opened here yesterday with a call to intensify global efforts to end the brutal attacks and to establish an immediate cease-fire. Arab News - 07Jan 06:36GMT
Listed firms 2nd best GCC performer

The net profits of UAE companies listed on its two stock exchanges are projected to have jumped by nearly 33 per cent in 2008 to turn the country into the second best stock performer in the region, according to a bank survey. Emirates Business 24/7 - 07Jan 06:23GMT
Oman's trade links with GCC on the rise

The amount of intra-Gulf Cooperation Council (GCC) trade stood at $46.6 billion in 2007 in terms of exports from the six GCC states to the other GCC states. Oman Daily Observer - 07Jan 06:18GMT
Kuwait's defunct satellite station to be scrapped

Kuwaiti Minister of Communications Abdulrahman Al-Ghunaim recently addressed the Ministry of Finance and asked them to prepare the procedures necessary in order to sell the remains of a defunct satellite communications station in the remote area of Um Al-Aish. Kuwait Times - 07Jan 06:01GMT
Dow Considers Legal Action Against Kuwait

Dow Chemical, the largest chemicals group in the US, on Tuesday said it was considering legal action against Kuwait after the Gulf emirate last month cancelled a planned $17.4bn petrochemicals joint venture. Financial Times - 07Jan 04:29GMT
Dow Chemical Plans Legal Action on Kuwait Deal

Dow has said it will seek to enforce its rights under the terms of the various agreements and the JVFA executed by Dow and PIC since the joint venture partnership was first announced in December 2007. Press Release - 06Jan 14:15GMT
Substantial interest in highest skyscraper project in Kuwait

Promotion and leasing of plots in Al-Hamra skyscraper, Kuwait's highest building, is due this year, an executive said on Tuesday. KUNA (Kuwait News Agency) - 06Jan 13:39GMT
GCC official highlights importance of Arab economic summit

Secretary General of the Federation of GCC Chambers Abdul-Rahim Naqi hailed on Tuesday as "timely and crucial" the Arab Economic, Social and Development Summit to be held in Kuwait on Jan 19-20. KUNA (Kuwait News Agency) - 06Jan 12:16GMT

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Video

Kuwaiti Oil Expert Talks About Latest Oil Prices

Arabic language (3:45)
Kamel Al Harami says that Gaza situation has no major relation with oil prices hike - 07Jan

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Research

Commercial Real Estate Company
TAIB Securities WLL - 04 Jan 2009

TAIB issues a NEUTRAL investment opinion on Commercial Real Estate Company with a target price of KWD 0.158, representing a 2.5% upside potential to the current market price of KWD 0.154. The company is expected to achieve FY08 net profit of KWD 31.11 million compared to KWD 44.65 million for FY07. The stock is trading at a PE of 7.93x for FY08E.

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Companies

On Its Fleet Again

Libyan Airlines rose from an eight-year ban in 1999 to resume its international services. Since then, its rebuilding efforts have included a merger with Al Jamahiriya and in 2007, the Airline raised its paid up capital by 76% to USD136.5 million and ordered 15 airbus aircrafts.

» Profile | Officers | News

Community Buzz

Stories in Kuwait

Most read stories by Community in the last 24 hrs

1	Kuwait devalues national currency -- NBK
2	UAE Banks Top Realty Exposure
3	Oil Prices Rise As OPEC 'Eyes' Special Meeting
4	Dow Chemical Plans Legal Action on Kuwait Deal
5	Invest Dar Faces Seizure Lawsuit On Unpaid Debt
6	Kuwait Invest Dar To Sell Stakes In Bk, Aston Martin
7	Kuwait: 'Investigate Dow, Refinery Projects'
8	KSA: Aramco, Dow Seek Cost Cuts
9	GCC: Shortage Of Qualified Employees, Inflation Raise Concerns
10	UAE Stocks Rebound In First New Year Trades

Companies in Kuwait

Most viewed companies by Community in the last 24 hrs

Company Name	Country	Industry
Global Investment House	Kuwait	Investment Banking
Mohamed Abdulmohsin Al Kharafi and Sons Company	Kuwait	Multi-line
Kuwait Investment Authority	Kuwait	Investment Firms and Funds
Alshaya Group	Kuwait	Multi-line
Kuwait Petroleum Corporation	Kuwait	Oil
Noor Financial Investment Company	Kuwait	Investment Firms and Funds
The Investment Dar Company	Kuwait	Investment Firms and Funds
Al Imtiaz Investment Company	Kuwait	Investment Firms and Funds
Kuwait Projects Company (Holding)	Kuwait	Investment Firms and Funds
AREF Investment Group	Kuwait	Investment Firms and Funds

Posted on 06Jan
Comments

Dow should have known better

“...Who knows how the Kuwaitis will react to being sued, but it won't go down well for sure. I'm sure Aramco, with which Dow has a JV for the Ras Tanura project, will be taking note with interest.”

Anon on Dow Chemical Confirms Commitment to Transformational Corporate Strategy

Projects

Most viewed projects by Community in the last 24 hrs

Project Name	Country	Sector
Ras Tanura Integrated Refinery and Petrochemicals Complex	Saudi Arabia	Oil and Gas
Qatalum Aluminum Smelter	Qatar	Industry
QP - Al Shaheen Refinery	Qatar	Oil and Gas
KNPC - Al Zour Refinery	Kuwait	Oil and Gas
Dubai RTA - Dubai Metro - Purple Line	UAE	Infrastructure
Qatar Foundation - Sidra Hospital	Qatar	Real Estate
WDEPC - Abu Qir Power Plant Expansion - Civil Works	Egypt	Power and Water
ADCO - SAS Field Development	UAE	Oil and Gas
Saadiyat Island Development - Saadiyat Resort and Beach Residences (Phase 1)	UAE	Real Estate
IPIC - Abu Dhabi Crude Oil Pipeline (ADCOP)	UAE	Oil and Gas

Blogs

Most read blogs by Community in the last 24 hrs

1	Job Losses Become Part of Life
2	The Wings of the Ant ( the future of investment firms in the GCC )
3	Hot Properties Cool Off-Damac & Other Developers
4	Wow! This Recession is Staggering
5	The Myth of Islamic Finance

Economy & Politics
GCC-Singapore FTA Offers Hope
As 2008 ended on a low amid a global financial crisis, the FTA between the GCC and Singapore formalized in December came as a whiff of fresh air.

Economy & Politics
Progressive Taxation
Although a pan-GCC "progressive" tax structure is inevitable, it will take months of preparation before individuals in the region begin to shell out a part of their monthly income to the government coffers.

Economy & Politics
Acting Firmly
As businessmen and investors reflect on 2008, it will be interesting to see how many adjectives come to the fore. Turbulent, roller-coaster and tumultuous are just a few that spring to mind.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	Mobile Telecommunications Company	Kuwait	12,106
2	National Bank of Kuwait	Kuwait	11,275
3	Kuwait Finance House	Kuwait	9,918
4	Commercial Bank of Kuwait	Kuwait	5,214
5	Gulf Bank	Kuwait	4,283
» View Full List

Related Information

Companies in Kuwait

Select from 1031 companies

EIU Research On Kuwait Economy & Sectors

Key Developments05Dec08

Business Outlook17Jul08

Background:

Country Fact Sheet05Dec08

Political Structure05Dec08

Demographic Profile10Jul08

Economy:

Economic Background30Jul08

Country Risk Summary04Dec08

Country Outlook01Dec08

Economic Structure05Dec08

Quaterly Economic Indicators05Dec08

5-Year Forecast Summary

05Dec08

Ten-year Growth Outlook10Jul08

Market Opportunities10Jul08

Manufacturing30Jul08

Operating Risk:

Overview27Aug08

Forecast Data08Feb07

» View Full Report

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