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Kuwait News and Analysis

Refinery

Kuwait signs first tranche of Clean Fuels Project loanSubscription

Firm secures first $4bn of planned $10bn

Power plant

Kuwait extends Al-Zour deadline Subscription

Three consortiums expected to bid for cogeneration plant

Eurofighter jets

Kuwait to build two new air basesSubscription

Launch pads oriented towards Iran, say defence expert

Doha, capital city of Qatar

Qatar to allow domestic fuel prices to fluctuateSubscription

Decision is part of the government’s broader subsidy reform agenda

Riyadh

Middle Eastern nations lose $390bn of oil revenuesSubscription

IMF expects oil-exporting countries to face further headwinds this year

Cairo

IMF has not received Egyptian loan request Subscription

The Washington-based fund will consider a loan if Egypt requests it

Tourists in front of the Luxor temple in Egypt

UAE allocates $4bn to EgyptSubscription

Announcement of financial support came at the end of Abu Dhabi’s crown prince’s visit to Egypt

Riyadh

GCC agrees with US on patrols to stop arms shipments to YemenSubscription

Agreement was reached at a meeting between US Defense Secretary and Gulf his counterparts

Onshore oil field

Kuwaiti oil workers' strike ends after three daysSubscription

Oil companies work to restore production levels back to normal

Kuwaiti oil workers arrive at the union headquarters in Al-Ahmadi on 17 April to protest alleged pay cuts and plans to privatise parts of the oil sector

Kuwait crude production rises to 1.5 million b/dSubscription

Remains 46 per cent below normal production amid oil workers’ strike

Offshore oil rig

The 10 Gulf oil projects you need to watch: Part 2Subscription

MEED looks at the oil schemes in the balance in Bahrain, Kuwait, Qatar, Iran and Iraq

Al-Reem Island in Abu Dhabi

GCC diversification – the bigger pictureSubscription

The combination of lower oil prices and accumulated reserves has created a window of opportunity to refocus on diversifying Gulf economies

Anas al-Saleh, deputy prime minister of Kuwait

Kuwait infrastructure spending at "full throttle"Subscription

Exclusive interview: Anas al-Saleh, deputy prime minister of Kuwait

King Fahd Causeway

Saudi-Egypt deal puts causeways back in the spotlightVideoSubscription

Progress on ambitious crossings has been mixed

Moodys gcc downgrade 4

GCC needs to finance $250bn fiscal deficitSubscription

Massive deficit in 2016-17 will mean more debt issuance, says Moody’s Investors Service

Moodys 2016 GCC banking sector outlook

Banks delay bond issuance on volatile pricingSubscription

Moody’s expects conditions to toughen for GCC financial sector

Luxury items will be taxed in the UAE

Changes in tax structure and their probable impact in the GCCSubscription

States in the region plan to introduce sales taxes from January 2018

Oil rig

Board report: April 2016Subscription

Gulf states push ahead with economic reform programmes as oil prices stabilise, but regional liquidity tightens as a result of reduced bank deposits

GCC currencies

VAT to smooth government revenue streamsSubscription

Public and private sector prepare for VAT implementation in 2018

Job interview

Attract and retain the best employeesSubscription

Research has identified that employers in the GCC tend to limit themselves by recruiting from the same small recruitment pools