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Kuwait Weekly News - 13 May 2011

Kuwait May Announce New Cabinet as Lawmakers Seek Broader Role
San Francisco Chronicle
May 8 (Bloomberg) -- Kuwait's Prime Minister, Sheikh Nasser al-Mohammed al-Sabah, may announce his seventh cabinet as soon as today after a three-day mourning period for the death of a ruling family member postponed the changes. ...
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Retired Army Major Pleads Guilty in Corruption Probe
Wall Street Journal
In 2005, the Army's Criminal Investigations Division heard about improper ties between Gloria Davis, a 45-year-old major, and Kuwait-based Lee Dynamics International, a contractor run by a retired soldier named George Lee. LDI allegedly provided gifts ...
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Kuwait cabinet faces tough first day at parliament
Reuters
KUWAIT May 10 (Reuters) - Two Kuwaiti lawmakers submitted a request to question the country's prime minister on Tuesday, signalling a fresh challenge for the new government on its first encounter with the parliament. The move comes after several ...
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'Kuwait to replace Syria' for UN body bid
Aljazeera.net
Kuwait agrees to stand for seat on UN human rights council, diplomats claim, amid condemnation of Syrian crackdown. Western diplomats say Kuwait will replace Syria as a candidate for a seat on the United Nations' top human rights body in the wake of an ...
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Aljazeera.net
Navy researcher links toxins in war-zone dust to ailments
USA Today
By Kelly Kennedy, USA TODAY US troops in Iraq, Afghanistan and Kuwait have inhaled microscopic dust particles laden with toxic metals, bacteria and fungi — a toxic stew that may explain everything from the undiagnosed Gulf War Syndrome symptoms ...
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USA Today
Kuwait: 'Govt Keen To Privatize KAC'
Zawya
KUWAIT CITY, May 11: Minister of Communications and Minister of Information, Sami Al-Nasef, said on Wednesday that the government is keen on privatizing Kuwait Airways Cooperation (KAC)Kuwait Airways Cooperation (KAC) and that the ministry will be ...
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Qatar Air Starts Freight-Only Flight to Kuwait
Bloomberg
By Tamara Walid - Wed May 11 06:45:08 GMT 2011 Qatar Airways Ltd., the Middle East's second-biggest carrier, said it started a cargo-only flight to Kuwait using an Airbus A300 freighter, as part of a plan to boost freight operations in the Gulf region. ...
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Kuwait Investment Authority: Won't Sell Stake In Agricultural Bank Of China
Wall Street Journal
BEIJING (Dow Jones)--The Kuwait Investment Authority doesn't plan to sell the stake in Agricultural Bank of China Ltd. (1288.HK) that it has held since the bank's initial public offering after the lock-up period expires, the fund's managing director ...
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Engineer-turned-politician named Kuwait oil minister
AsiaOne
KUWAIT CITY - A Western-educated engineer-turned-Islamist politician, Mohammed al-Baseeri, was named in a cabinet lineup unveiled on Sunday as Kuwait's new oil minister. The 56-year-old was elected thrice to parliament and grew up a leading star of the ...
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AsiaOne
World Cricket League Division 7: Kuwait beat Nigeria to lift trophy
ESPNcricinfo.com
Irfan Bhatti and Mohammad Murad starred with bat and ball as Kuwait lifted the ICC WCL Division 7 trophy in Gaborone, Botswana, comprehensively beating Nigeria by 72 runs. Kuwait's top and lower orders were solid enough to ensure they didn't suffer due ...
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ESPNcricinfo.com
Kuwait's new labor law preserves workers' rights
Kuwait Times
By Nisreen Zahreddine, Staff Writer KUWAIT: Defined by Kuwait's 2010 Labor Law, the tug-of-war between an employee and an employer is no longer a conundrum. It is defined by Kuwait's 2010 Labor Law and is applied strictly. 'Knowing your rights and ...
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Fairfield Union superintendent back on duty after military deployment to ...
Lancaster Eagle Gazette
Herd recently returned to the district after being deployed to Kuwait and Afghanistan with the US Army Corps of Engineers. / Rob Hardin/Eagle-Gazette LANCASTER -- In the months that Fairfield Union Superintendent Jim Herd was overseas on a military ...
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'Kuwait to reject visit visa to Dalai Lama'
Arab Times
KUWAIT CITY, May 11: The Kuwaiti government has no intention to grant a visit visa to the Tibetan leader — Dalai Lama, who has been invited to the international conference on the impact of democracy and technology on the region, reports Al-Mostaqbal ...
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Kuwait win ICC WCL Div. 7 trophy
Arab Times
KUWAIT CITY, May 9: Kuwait national cricket team added another feather to their cap by winning the coveted ICC WCL Division 7 tournament played in Botswana. Kuwait's fine exhibition of all round cricketing skills enabled them to carve an emphatic win ...
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Arab Times
KAMCO logs KD 0.21mn net profit in 1st quarter
Arab Times
Having successfully secured the goodwill of shareholders and clientele alike over the past ten years of operations in Kuwait, KAMCO expanded its footprint into the Abu Dhabi market in 2008 despite the onslaught of the global financial turmoil. ...
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Kuwait Financial Centre reports financial performance for Q1, 2011
AME Info
Kuwait Financial Centre 'Markaz' reported its financial performance for the first quarter of fiscal 2011 at a net income loss of KD759 thousands, or a 2 fils drop in earnings per share (EPS), compared to a net profit of KD3.72m, or 8 fils per share, ...
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PM delivers presidential letter to Amir of Kuwait
Yemen News Agency
Kuwait, May 08 (Saba) - Amir of Kuwait Sabah Al-Ahmad Al-Jaber Al-Sabah received here on Monday a letter from President Ali Abdullah Saleh concerning the fraternal relations between the two brotherly countries. The letter was handed over to Amir of ...
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Kuwait names new government after previous Cabinet resigned to avoid ...
The Canadian Press
KUWAIT CITY — Kuwait's emir has given approval to a new government nearly six weeks after the former Cabinet resigned in a showdown with parliament. The new Cabinet named Sunday has six new faces among the 16 ministers, but keeps key posts with the ...
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A Farewell to Kuwait
Blackanthem.com
By 1st Lt. James Bray CAMP ARIFJAN, Kuwait - The 494th Transportation Company will be redeploying home to Fort Campbell, Ky and the 101st Airborne Division (Air Assault), and all of the Soldiers are excited to return. The 494th must complete its ...
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Diversification essential for Kuwait
GulfNews
By Jasim Ali, Special to Gulf News Image Credit: AP Kuwait's Ratqa oil field. The petroleum sector plays a major role in the Kuwaiti economy by virtue of accounting for about 90 per cent of the treasury income. There seems to be no end in sight for ...
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GulfNews
Botswana cricket failed promotion
The Bostwana Gazette
The WCL division seven was won by Kuwait. The winners beat Nigeria by 72 runs. Kuwait set a target of 220, which Nigeria failed to beat. Kuwait's Mohammad Murad, who won the man of the match in the final match, also walked away with player of the ...
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PTB unveils nine priority development projects
Kuwait Times
By Ben Garcia, Staff Writer KUWAIT: Providing a platform for relevant stakeholders involved in the PPP process, network and receive critical information on existing and planned PPPs, a two-day Public Private Partnership (PPP) Investment Conference ...
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SanDisk Doubles Year on Year Sales in Kuwait
Zawya (press release)
SanDisk Middle East and Africa (MEA), the global leader in flash memory cards, has doubled its unit sales in Kuwait year on year for 2009 and 2010. SanDisk products, through its distribution partner, Future Communications Company, are present in major ...
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Zawya (press release)
Zardari to visit Kuwait, Russia
Daily Times
ISLAMABAD: President Asif Ali Zardari will pay a two-day official visit to Kuwait on from tomorrow (Saturday) at the invitation of Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah. After his visit to Kuwait he will also visit the Russian ...
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Oyens guardsman preparing for Kuwait mission
Le Mars Daily Sentinel
Casson will be heading to Kuwait in June for a one-year deployment, after spending the next couple weeks training at Camp Ripley, in Minnesota. At age 23, Spc. Jeremiah Casson will serve a second tour of duty overseas in five years -- this time in ...
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Robotic experts from Mumbai revitalize the expats mind in Kuwait
Times of India
The Robotic demonstration by Technophilia, Robotic specialists from India, for the first time in Kuwait gave a mesmerizing opportunity for the public to see Robots live in action! Hiral Sanghavi and Naitik Trivedi of Technophilia, from Mumbai conducted ...
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Kuwait's Young Talents Dance Away to Glory at Woogie Woogie 2011
Daijiworld.com
Kuwait, May 9: After the auditions on April 16 and 23, Karma Entertainment organized the much-awaited dance show "Woogie Woogie 2011", an intense dance competition on Friday May 6 at American International School Auditorium, Maidan Hawally. ...
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Daijiworld.com
BYU grad tapped to be ambassador to Kuwait
Salt Lake Tribune
Washington • President Barack Obama nominated a Utah native with a lengthy diplomatic résumé on Monday to be the next ambassador of Kuwait. Matthew H. Tueller currently serves as the deputy chief in the embassy in Cairo. ...
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KD118m spent to finance Kuwait Finance House, says Deputy General Manager of ...
AME Info
Deputy General Manager of Commercial Sector Kuwait Finance House 'KFH', Ahmed Mohamed Al-Khaled, said that: "KFH has spent in 2011Q1 KD118m in the local retail sector. These funds were used to finance purchases and rent of vehicles, material purchases, ...
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Kuwait Finance House launches Cash Management Solutions
AME Info
Kuwait Finance House (Malaysia) Berhad (KFHMB), the first foreign Islamic bank in the country, launched the KFH Cash Management Solutions (CMS). CMS is an online portal designed specifically to manage business banking transactions. ...
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Albisher and Alkazemi Co. launches new generation C-Class in Kuwait
AME Info
The new generation C-Class has undergone a comprehensive makeover. The front and rear sections of this bestselling model have a more striking design. Together with the optional high-resolution colour display in the instrument cluster, the new dashboard ...
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Kuwait actively participating in ATO activities: Al-Subaih
Kuwait Times
KUWAIT: Director General of Kuwait Municipality Ahmed Al-Subaih said yesterday that delegations from Kuwait Municipality and various Governorates have actively participated in three regional and international conferences organized by the Arab Towns ...
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Kuwait Finance reports RM75.6mil loss for FY10
Malaysia Star
PETALING JAYA: Kuwait Finance House (M) Bhd (KFH) returned to the black in the fourth quarter ended Dec 31, 2010 with a profit of RM13mil from a net loss of RM35.5mil in the previous corresponding quarter but reported a full year (FY10) net loss of ...
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'Kuwait will reply to UN anti-torture panel'
Arab Times
Razzooqi added, in a statement to KUNA, following the completion of the first part of evaluating Kuwait's report that Kuwaiti experts, who took part in the evaluation work from the ministries of Foreign Affairs, Interior, Social Affairs and Labor, ...
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ZAIN launches new initiative with two local companies [Kuwait News Agency]
TMC Net
(Kuwait News Agency Via Acquire Media NewsEdge) Mobile Telecommunications company (ZAIN) announced on Tuesday a new competition with Kuwait Small Projects Development Company (KSPDS) and Cubical Services company dubbed "Zain is a great idea," which ...
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Parliament approves bill on teachers' bonus, allowance
Kuwait Times
KUWAIT: The National Assembly approved a draft law to grant allowances and bonuses to Kuwaiti Education Ministry's members in its first reading yesterday. Forty-three members voted in favor of the draft law out of the 53 attending members while 10 ...
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Bank of Bahrain and Kuwait is First to use Board Portal Technology for ...
AME Info
Computershare Governance Services (CGS), part of the Computershare group of companies based in Australia has been awarded a contract to supply BBK (Bank of Bahrain and Kuwait) with secure Board portal software. An official signing ceremony was held at ...
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AME Info
Kuwait Hayat Intl RE Listing Delayed 2 Yrs Due To New Law-Report
Zawya
BEIRUT (Zawya Dow Jones)--Kuwait's Al Hayat International Real Estate Co.'s listing on the local bourse has been delayed due to the new law issued by the country's Capital Markets Authority, Kuwait-based Al Qabas daily reports Wednesday citing an ...
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Kuwait Energy reports first quarter 2011 activities
istockAnalyst.com (press release)
(Source: Middle East Company News)Kuwait Energy Company (Kuwait Energy), one of the fastest growing independent oil and gas exploration and production companies in the Middle East, issued its 2011 first quarter activities report announcing unaudited ...
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US military concluding long-term contracts in Kuwait, other Gulf states
World Tribune
WASHINGTON — The US Army envisions a major presence in Kuwait throughout most of this decade. The Defense Department has been awarding contracts for long-term support projects of the US military in Kuwait. The Pentagon contracts envision that the ...
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Cabinet endorses National Authority for Monitoring, Handling Foodstuff
Kuwait Times
KUWAIT: Among a gaggle of newly approved steps by the government is the intention to set up a National Authority for Monitoring the Handling and Marketing of Foodstuff, said Minister of Public Works and State Minister for Municipal Affairs Fadhel Safar ...
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Bank of Bahrain and Kuwait is First to use Board Portal Technology for ...
PR Newswire UK (press release)
LONDON, May 11, 2011 /PRNewswire/ -- Computershare Governance Services (CGS), part of the Computershare group of companies (ASX:CPU) based in Australia has been awarded a prestigious contract to supply BBK (Bank of Bahrain and Kuwait) with secure Board ...
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Energy cooperation Pakistan and Kuwait set to sign MoU
The Express Tribune
By Zafar Bhutta Pakistan and Kuwait will sign a Memorandum of Understanding (MoU) on energy cooperation, under which Kuwait will extend financial and technical assistance for two major gas import initiatives – Iran-Pakistan (IP) and ...
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The Express Tribune
Kuwait's VIVA posts $72.6m net loss, eyes listing
ArabianBusiness.com
By Andy Sambidge Kuwait's third mobile phone operator on Monday announced net losses of KD20m ($72.6m) but added that its market share in the country had risen to 18 percent. Kuwait Telecom Company, known as VIVA, was launched in December 2008 to ...
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ArabianBusiness.com
France stresses role of Kuwait in "Forum for the Future"
Zawya
By John Keating PARIS, May 10 (KUNA) -- France on Tuesday stressed the importance of working with Kuwait and the "close liaison" of civil society working within the context of the "Forum for the Future," which is co-presided by France and Kuwait for ...
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Kuwaiti Fund to participate in financing of Bhasha Dam
Associated Press of Pakistan
KUWAIT, May 8 (APP): The Kuwait Fund for Arab Economic Development (KFAED) on Sunday announced to participate in the financing of Bhasha Dam and desilting of Tarbela Dam projects in Pakistan.The announcement was made by DG Kuwait Fund Abdulwahab Ahmad ...
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Associated Press of Pakistan
Rihanna Perfume Ad Gets Censored In Kuwait!
Socialite Life
A newspaper ad for Rihanna's popular fragrance Reb'l Fleur has seemingly been censored in the Middle East because the singer shows too much skin. In the original version of the promo that ran in the United States, Rihanna is seen seductively sniffing a ...
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National Guard Unit Supports Cyclist's Cause from Kuwait
Blackanthem.com
By Sgt. Jennifer Garnett/Sgt. Josh O'Connor CAMP ARIFJAN, Kuwait - The National Multiple Sclerosis Society, out of Lone Star, Texas, and Sam's Club organized a two-day fundraiser bicycle ride to raise money in support of those with Multiple Sclerosis ...
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The killing of Osama bin Laden: the endgame
Herald Scotland
Inside the Suzuki was a Kuwait-born Pakistani whose pseudonym was Abu Ahmad al-Kuwaiti. His real name was Arshad Khan. It had been years of painstaking intelligence work and a long haul for the CIA to get this close to their target. ...
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Herald Scotland
Retired Army Major Pleads Guilty In Corruption Case
Wall Street Journal (blog)
Charles Joseph Bowie Jr. admitted to accepting $400000 from a contractor in exchange for the award of a bottled water contract at Kuwait's Camp Arifjan, and that he entered into a sham consulting agreement with the contractor to conceal the payments. ...
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