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Kuwait Weekly News - 27 May 2011, Friday

Kuwait MPs May Question Premier Over Iran Policy, Gulf Ties
San Francisco Chronicle
Waleed al-Tabtabaei, Mohammed al-Mutari and Mubarak al- Waalan, all Sunni Islamist members of Parliament, asked to question the Premier, claiming the government is "harming Kuwait's national security and ties with GCC states through its biased foreign ...
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Kuwait elected to U.N. rights panel instead of Syria
Reuters
By Patrick Worsnip UNITED NATIONS (Reuters) - Kuwait was among 15 nations elected on Friday to the UN Human Rights Council after Syria, under pressure over its crackdown on protesters, dropped its bid for an Arab slot on the controversial panel. ...
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Kuwait warns activists over 'Day of Rage' demo
AFP
KUWAIT CITY — Kuwait's Interior Minister Sheikh Ahmad al-Humoud Al-Sabah Wednesday issued a stern warning to youth activists planning a "Day of Rage" protest calling for the removal of the prime minister. The controversy between authorities and the ...
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AFP
Saudi Arabia, Kuwait Face End Of 'Easy Oil' With Ambitious Experiment
Huffington Post
WAFRA, Kuwait -- The Arabian Peninsula has fueled the global economy with oil for five decades. How long it can continue to do so hinges on projects like one unfolding here in the desert sands along the Saudi Arabia-Kuwait border. ...
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Kuwait trumps Iraq Gulf harbour plan with its own huge industrial port
The National
Baghdad has been developing plans for a new shipping centre on the Faw peninsula designed to revitalise trade links and turn the country into an economic link between the Middle East and Europe, but has been beaten to the punch by Kuwait. ...
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The National
FIFA investigating friendly tournament in UAE as part of wider probe into ...
The Canadian Press
Tipped off on alleged plans to manipulate a March 26 friendly between Jordan and Kuwait, FIFA sent investigators to the stadium in Sharjah, the emirate just north of Dubai. FIFA says the game bore all the hallmarks of suspicious matches in Turkey and ...
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Diamonds.net
Damas Jewellery, a subsidiary of Damas International Limited, announced its intent to acquire the remaining 10 percent of shares in its existing joint venture Damas Kuwait, bringing the UAE based retailer within full control of the company and their 23 ...
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Zain, Batelco at odds over Saudi unit - source
Reuters
By Eman Goma and Ahmed Hagagy KUWAIT, May 22 (Reuters) - Bahrain Telecommunications' BTEL.BH joint $950 million bid for a stake in telco Zain Saudi 7030.SE has hit a snag over management rights, a source familiar with the matter said on Sunday. ...
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Iran Sends New Ambassador to Kuwait After Dispute, Press TV Says
Bloomberg
By Ladane Nasseri - Mon May 23 12:25:13 GMT 2011 Iran sent a new ambassador to Kuwait two months after a dispute over an alleged spy network operating in Kuwait prompted both countries to expel diplomats. Ruhollah Ghahremani Chabok arrived in Kuwait to ...
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Kuwait, Iraq express satisfaction over joint cmte meeting
Kuwait News Agency
KUWAIT, May 26 (KUNA) -- Representatives of the foreign ministries of the State of Kuwait, and the Republic of Iraq showed Thursday their satisfaction at the positive atmosphere marked by candour and transparency during the meeting held by the ...
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Kuwait's Kharafi Group Sees Growth Potential in Middle East
Bloomberg
By Massoud A. Derhally and Fiona MacDonald - Thu May 26 10:29:17 GMT 2011 Kuwait's Kharafi Group sees potential for expansion in Saudi Arabia, Egypt, Qatar and the United Arab Emirates, Vice President Marzouk Nasser Al-Kharafi said. ...
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Q1 earnings surge by 19% backed by Kuwait and Saudi, reveals Markaz report
AME Info
As of third week of May 2011, we have 96% visibility in terms of market cap and 78% visibility in terms of number of companies to measure the performance of GCC corporate earnings, according to a recent report by Kuwait Financial Centre (Markaz). ...
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Jordanian court rules Kuwait can seize Iraq Air assets
The National
Kuwait Airways will go after Iraqi state and airline assets in 15 jurisdictions where English court rulings are enforceable. Yasser al Zayyat / AFP Kuwait Airways has been cleared by a Jordanian court to seize money in accounts owned by Iraqi Airways ...
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The National
He wanted to earn enough in Kuwait to marry childhood sweetheart in Kerala
Indian Express
The nurse at Apollo Hospitals, who died in the Faridabad crash, had already paid Rs 2 lakh to an agency for a nursing job in Kuwait. Cyril was from Vazhakulam village in Ernakulam district and a cousin in Delhi arranged for the body to be flown home ...
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Red bulls packing, waiting: 2400 soldiers will go to Kuwait for year-long mission
Winona Daily News
The two specialists, both 25, are among 2400 soldiers preparing to head to Kuwait this summer with the Minnesota National Guard's 1st Brigade Combat Team, 34th Infantry Division. This deployment will be much like the 2005 Red Bull mission to Iraq in ...
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Kuwait National Petroleum Company Relies on Intergraph® SmartPlant® Enterprise ...
PR Newswire (press release)
HUNTSVILLE, Ala., May 24, 2011 /PRNewswire/ -- Kuwait National Petroleum Company will use Intergraph SmartPlant® Enterprise engineering design and information management solutions to retrofit and increase the capacity of its Mina Al-Ahmadi refinery. ...
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Arab Times Kuwait English Daily
KUWAIT CITY, May 22: The Dow Chemical Company (Dow) will be participating at the Kuwait Six Sigma 'A Breakthrough Strategy for Performance Excellence' conference. The conference will be held in the Crown Plaza hotel in Kuwait on the 29th to the 30th of ...
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Middle East North Africa Financial Network
(MENAFN - Arab Times) Kuwait Stock Exchange (KSE) ended last week in the red zone, as both its main indices recorded losses. The price index ended last week with a decrease amounted to 0.42%, while the weighted index raised 1.52% compared to the ...
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Kuwait celebrates Azerbaijan's Republic Day (PHOTO)
Trend News Agency
Kuwait hosted celebration of May 28 - Republic Day and the 20th anniversary of the restoration of state independence of Azerbaijan. For this purpose, an official reception was held, the Azerbaijani Embassy in Kuwait told Trend. ...
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Trend News Agency
Kuwait, Saudi Arabia sign accord, MoU on air transport services
Kuwait News Agency
(With photos) KUWAIT, May 26 (KUNA) -- Kuwait's Directorate General of Civil Aviation said Thursday that it signed an agreement and Memorandum of Understanding (MoU) with the Saudi Arabia in the domain of air transport services as a culmination of the ...
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Kuwait News Agency
Kuwait Premier Chairs Meeting on Relief Aid Amid Regional Unrest
Sacramento Bee
Kuwait has continued to provide humanitarian assistance throughout the ongoing violence in the region. According to Global Humanitarian Assistance, Kuwait contributed $221 million in humanitarian aid from 2000-2009, making it the fourth-largest ...
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Kuwait Health Assurance Co could have positive impact on economy
Arab Times Kuwait English Daily
-Kuwait Health Assurance Company (KHAC) is a PPP project envisioned in Kuwait's current 5-year development plan, and aims to privatize expatriate health insurance and its associated medical care. The project also includes building and operating 3 new ...
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Kuwait Assembly debate gets physical
UPI.com
KUWAIT CITY, May 20 (UPI) -- A debate in the National Assembly on the two remaining Kuwaiti detainees at Guantanamo Bay, Cuba, degenerated into a punching match between Sunnis and Shiites. After Wednesday's fistfight, Speaker Jassem al-Khorafi ...
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Hotel Missoni will be a success in Kuwait: CEO Recovery in hospitality sector ...
Arab Times Kuwait English Daily
KUWAIT CITY, May 24: The hospitality industry took a 25 percent hit during the economic crisis globally, starting from late 2008; however, the recovery exceeded expectations, says Kurt Ritter, President and CEO of the Rezidor Hotel Group. ...
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Arab Times Kuwait English Daily
Almendras courts Kuwait energy investors
Manila Bulletin
In his sorties abroad, the energy chief noted that he had a chance to talk with top executives of Q8 or Kuwait Petroleum International, which is the global marketing arm of Kuwait Petroleum Corporation. Almendras noted though that discussions have not ...
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Kuwait, Qatar most peaceful Arab countries -- Global Peace Index
Kuwait News Agency
UNITED NATIONS, May 26 (KUNA) -- Kuwait and Qatar are the most peaceful countries among Arab and Gulf Cooperation Council (GCC) states, according to the 2011 Global Peace Index (GPI) released here on Thursday. Among the 153 countries listed in the ...
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PHL Embassy repatriates bedridden Pinay in Kuwait
GMANews.TV
The Philippine Embassy in Kuwait repatriated a 61-year old overseas Filipino worker (OFW) who has been bedridden after suffering from a stroke. The woman's friend reported to the Philippine Embassy that the Filipina has been in Kuwait for almost 20 ...
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Kuwait Airways expects to regain $1.2b from Iraq
gulfnews.com
By Shweta Jain, Senior Reporter Dubai: After a 21-year chase, Kuwait Airways Corporation (KAC) is confident it will be able to recover the full $1.2 billion (Dh4.4 billion) it is seeking in compensation from Iraqi Airways Company (IAC) for the theft of ...
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Mideast's first Missoni hotel opens in Kuwait
Trade Arabia
The Rezidor Hotel Group, a leading hotel company, in collaboration with major Italian fashion house Missoni, opened the region's first Hotel Missoni in Kuwait yesterday (May 25). Hotel Missoni Kuwait offers 169 sea-facing rooms with breakfast, laundry, ...
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Kuwait FM arrives in Bali for scheduled NAM...
Kuwait News Agency
Indonesia May 24 (KUNA) -- Kuwait's Deputy Prime Minister and Foreign Minister Sheikh Dr. Mohammad Sabah Al-Salem Al-Sabah has arrived in Bali for taking part in the 16th Ministerial Meeting of member states of the Non-Aligned Movement (NAM) due on to ...
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Landmark Group to launch Zafran in Kuwait
AME Info
People in Kuwait are very appreciative towards good food, we have been receiving a lot of positive feedback with the recent launch of Carluccio's and hence saw it fit to further expand by giving Kuwait a taste of Indian culinary with the launching of ...
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Kuwait frees bomber mastermind amid protests
Zawya
KUWAIT CITY, May 26, 2011 (AFP) - Kuwait freed a Shiite prisoner serving a life sentence for plotting a string of bombing attacks on targets including US and French embassies in the 1980s, a top official said. "The decision to pardon the man was taken ...
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Aayan signs debt restructuring deal
Kuwait Times
By Nisreen Zahreddine, Staff Writer KUWAIT: Kuwait's leading Islamic firm Aayan Leasing and Investment Co yesterday signed a KD205 million ($743.6 million) debt restructuring agreement with its creditors. After signing the agreement at the Sheraton ...
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Kuwait''s crude oil exports to China up...
Kuwait News Agency
(With Photo) TOKYO, May 24 (KUNA) -- Kuwait's crude oil exports to China surged 33.3 percent in April from the previous month to 970000 tons, equivalent to around 237000 barrels per day (bpd), the latest government data showed. Kuwaiti share of Chinese ...
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Construction of Kuwait-China USD 9 bln...
Kuwait News Agency
By Miyoko Ishigami (With Photos) Guangzhou, CHINA, May 21 (KUNA) -- Mayor of Zhanjiang city Ruan Risheng said construction of Kuwait's USD 9 billion refinery and petrochemical complex in the southern Chinese city will begin in the first quarter of next ...
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Kuwait News Agency
Kuwait inflation edges 5.3 pct up y/y; slips on monthly basis
Arab Times Kuwait English Daily
DUBAI, May 24, (RTRS): Kuwait's annual inflation edged up to 5.3 percent in April, matching February's level, the Gulf Arab country's state news agency KUNA reported on Tuesday, quoting statistics office figures. Consumer price growth slowed to 0.2 ...
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More visitors from Kuwait for Salalah festival expected
Oman Daily Observer
MUSCAT — Kuwait Airways has officially opened its new office in Ruwi, next to Majan Travels, offering class service in air travel, ticketing and other travel-related matters, recently. Salim Ghasab Mohamed al Zamanan, Kuwait Ambassador to the ...
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Oman Daily Observer
New chapter seen in Kuwait-Iraq economic ties
Middle East North Africa Financial Network
(MENAFN - Arab Times) Iraq and Kuwait appear to be laying the foundations to rekindle economic relations, with businesspeople and political leaders from both countries recently meeting to discuss opportunities for bilateral trade and investment. ...
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Kuwait named on main road in Al-Qala''a,...
Kuwait News Agency
By Mubarak Al-Hajeri BEIRUT, May 24 (KUNA) -- Kuwaiti flags and the National Anthem were seen and heard all over Al-Qala'a town amid a crowd of high ranking officials and locals on the occasion of launching the name of Kuwait on the main road of ...
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Kuwait News Agency
Kuwait calls for global strategy to combat chronic diseases
Kuwait News Agency
GENEVA, May 24 (KUNA) -- Kuwait has called on the international community to map out a global strategy to stem alarming spread of life-threatening chronic diseases namely diabetes and high blood pressure across the world. The Kuwaiti delegation, taking ...
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Kuwait expands health sectors, spends more money -- official
Kuwait News Agency
GENEVA, May 22 (KUNA) -- Kuwait faces no major problems in the health sector and has increased financial allocations for this expanding sector, a visiting official stated on Sunday. Addressing the 64th annual World Health Assembly, ...
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Alstom Grid Technical Institute completes its largest training contract in ...
Zawya (press release)
Kuwait: Following their investment in an Alstom Grid High Voltage Substation, Kuwait Oil CompanyKuwait Oil Company (KOCKOC) - the world's 4th largest oil company signed a €800000 contract with Alstom Grid Technical Institute for customised Competence ...
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Zawya (press release)
National Bank of Kuwait launches the Family Income Protection Insurance
AME Info
National Bank of Kuwait (NBK), announces the launch of Family Income Protection (FIP) Insurance. Issued by Al Ahleia Insurance Company for exclusive sale to NBK customers, FIP aims to protect NBK's customers and their families against financial ...
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Zain Kuwait Selects NEC to Build High-Capacity Indoor Mobile Network in Kuwait
SYS-CON Media (press release)
Tokyo and London, May 19, 2011 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) announced today that Zain Kuwait, a leading telecommunications operator across the Middle East, has selected NEC's Femtocell solution to enhance the indoor mobile ...
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Secularism is solution to Kuwait's sectarian tension, activist says
gulfnews.com
By Habib Toumi, Bureau Chief Manama: The solution to Kuwait's current political situation is secularism, a Kuwaiti political activist has said. "What's happening today is reflective of the destruction of society which has been going on for more than 20 ...
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Kuwait informs UN of assistance being delivered to Libyan "brothers"
Kuwait News Agency
UNITED NATIONS, May 23 (KUNA) -- Acting in conformity with Security Council resolution 1973 regarding Libya, Kuwait informed Secretary-General Ban Ki-moon of the steps it is taking to provide humanitarian assistance to the Libyan people as a result of ...
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2400 Minn. Guardsmen deploying for Kuwait
Marshall Independent
They'll be stationed in Kuwait. And they'll be responsible for providing base management and securing the ground convoys of troops, equipment and supplies throughout Iraq. A departure ceremony is being held Sunday for departing members of the 1st ...
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Avita Medical Begins Commercialization of ReCell® Spray-on-Skin™ in Six ...
TMC Net
The product launch and workshop, attended by approximately 45 surgeons, was introduced by Dr. Khaled Alkandari of the International Health Services, Kuwait. The workshop included a clinical seminar on "ReCell Non-cultured autologous cell-based ...
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Citizen Soldier: The Red Bulls' Mission
KAALtv.com
2700 Minnesotans will deploy to Kuwait or Iraq in the coming months. Hundreds of those soldiers will be from southeast Minnesota. They are deploying within a week. They're currently training at Camp Ripley, north of Little Falls. ...
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