Kuwait

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OPEC to freeze oil output target as prices near 82 dollars

AFP Global Edition 3 days ago

OPEC members on Tuesday prepared to announce a freeze in the cartel's oil output ceiling here as crude prices jumped to near 82 dollars. The Organization of Petroleum Exporting Countries was widely expected to maintain its official oil output quota of 24.84 ...

Kuwaiti MPs file no-confidence motion against minister

AFP Global Edition 3 days ago

Ten MPs on Tuesday filed a no-confidence motion against Kuwaiti Information Minister Sheikh Ahmad Abdullah al-Sabah, accusing him of putting the Gulf state's national unity at risk by not applying media laws. The motion was filed following a six-hour grilling by opposition ...

Oil firms on eve of OPEC meeting

AFP Global Edition 3 days ago

World oil prices rebounded slightly on Tuesday, after recent heavy losses, with traders on tenterhooks on the eve of a key production meeting of the OPEC cartel. New York's main contract, light sweet crude for April delivery rose 32 cents to 80.12 ...

Iraq's Arab neighbors wary of Shi'ite sway after vote

Reuters US Online Report World News 4 days ago

DUBAI (Reuters) - Iraq's Arab neighbors fear a split Iraqi election could further marginalize minority Sunnis and hope any coalition government formed by the Shi'ite frontrunner will resist Iran's sway. Many Sunni Arabs had wanted a stronger showing by secularists, who they ...

Kuwait's Investment Dar files for legal protection

AFP Global Edition 6 days ago

Investment Dar, the troubled Kuwaiti firm that owns half of luxury British carmaker Aston Martin, said on Saturday it has filed for legal protection under Kuwait's financial stability law. "Investment Dar announces today that it has started a process of legal protection ...

Kuwait Dar seeks government support

Reuters US Online Report Business News 6 days ago

KUWAIT (Reuters) - Kuwait's Investment Dar <TIDK.KW>, which owns half of British carmaker Aston Martin, is applying for support under a government facility set up for troubled companies as part of a debt restructuring. Problems at Kuwaiti investment firms, including Dar, led ...

Kuwait Dar seeks legal protection

Reuters US Online Report Business News 6 days ago

KUWAIT (Reuters) - Kuwait's Investment Dar <TIDK.KW>, which owns half of British carmaker Aston Martin, is applying for support under a government facility set up for troubled companies as part of a debt-restructuring plan. Problems at Kuwaiti investment firms, including Dar, led ...

Media watchdog slams fines on Kuwait journalist, MPs

AFP Global Edition 10 days ago

Reporters Without Borders on Wednesday deplored fines a Kuwaiti court imposed on a journalist, two MPs and three dailies for statements deemed offensive to the ruling family and premier. "These convictions leave us very concerned for the future of free expression and ...

Australia, Kuwait, Jordan secure Asian Cup spots

AFP Global Edition 16 days ago

Australia qualified for the 2011 Asian Cup finals with a 1-0 defeat of Indonesia on Wednesday, while Kuwait and Jordan snatched the last berths at the tournament on the final day of qualifying. Pim Verbeek's Socceroos dominated possession for long periods of ...

Report says gains in women's rights widespread

AP News 16 days ago

Report: 15 of 18 countries in Mideast, Africa record some gains for women Women's rights advanced in 15 of the 18 countries in the Middle East and North Africa over the past five years, the democracy watchdog group Freedom House reported Wednesday. ...

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