Top Kuwait News

GCC's Share Of Global Aluminium To Double By 2010

14 October 2008 Dubai: The GCC's share of global aluminium production is expected to increase by 150 per cent in 2010 due toÂ significant investments in capacity expansion and ongoing construction of several new aluminium smelters. Gulf News - 14Oct 10:30GMT
Gulf seeks bidders for projects worth $120 billion

In spite of fears that the global credit crunch and economic slowdown could impact the Arabian Gulf, latest analysis shows there are still more than 250 major civil construction projects in the bidding phase across the region worth nearly $120 billion. Press Release - 14Oct 08:25GMT
Gulf Stocks Surge For Second Straight Day

Stocks in oil-rich Gulf states surged on Tuesday for the second straight day, bolstered by government action to shore up the banking sector and a spectacular global market rally. AFP - 14Oct 07:22GMT
Dubai Leads Gulf Stocks Surge

Stocks in the booming Gulf emirate of Dubai leapt nine percent at the opening of trade on Tuesday, leading gains in the oil-rich Gulf as global markets made a spectacular surge. AFP - 14Oct 06:46GMT
Biggest 1-day gain for stocks in 20 years

Global stock markets staged spectacular gains yesterday as governments pumped billions of dollars into banks crippled by the credit crunch, coaxing newly confident investors into buying shares. Arab News - 14Oct 06:37GMT
Wataniya Air plans Kuwait listing later this year

Kuwait's new premium carrier, Wataniya Airways, due to launch operations in January 2009, is planning to list on the Kuwait stock exchange in November or December this year, according to a senior airline official. Emirates Business 24/7 - 14Oct 06:06GMT
Kuwait Petroleum Company submits refinery plan

The Kuwait Petroleum Company(KPC) has formulated a plan to set up the fourth oil refinery project. The project, which is part of the government's agenda will be referred to the National Assembly soon. Kuwait Times - 14Oct 05:58GMT
Jazeera Airways, NBK Capital, DVB In Joint Venture

Jazeera Airways, NBK Capital and DVB jointly announced at the Euromoney Airfinance Conference the establishment of an aircraft leasing company to be capitalized at $375 million and based out of Kuwait. Gulf News - 13Oct 10:58GMT
Al Mazaya to purchases shares to support stock price

Al Mazaya Holding, the leading real estate company in the region, has announced plans for purchasing its own shares from the market, as it believes tha doing so will benefit the firm's revenues. Press Release - 13Oct 10:15GMT
Kuwait briefly halts refinery operations after power cut

National refiner Kuwait National Petroleum Co halted operations at its three refineries for one hour on Monday after an unexpected power cut, a spokesman said. AFP - 13Oct 10:04GMT

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Fund	Al-Awsat Money Market Fund (KD)
Geographic Focus	Kuwait
Fund Manager	Kuwait and Middle East Financial Investment Company
NAV	1.27 KWD \| 07Oct08
YTD Returns	+ 6.49%
Al-Awsat Money Market Fund (KD) is the leading money market fund on the Funds Monitor in terms of YTD returns.
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Radio

Gulf Salaries

Yasser Hatami, Managing Director of GulfTalent.com, goes through the results of his company's Gulf Compensation Trends 2008 survey. The results show that while pay scales have increased, inflation is staying just one step ahead.
Dubai Eye - 13 Oct 2008

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Community Buzz

Stories in Kuwait

Most read stories by Community in the last 24 hrs

1	Gulf Bourses Rebound After Govt Action
2	Deutsche Bank Expands Equities Platform In Mideast
3	Jazeera Airways, NBK Capital, DVB In Joint Venture
4	GCC Buyers Urged To Invest In US Realty
5	Gulf Stocks Surge For Second Straight Day
6	Arab Stocks Plummet On Global Concerns
7	Dubai Leads Gulf Stocks Surge
8	GCC Chambers' Chief Calls For Joint Body To Tackle Financial Crisis
9	Gulf Countries Unveil Measures To Back Banks
10	KPC: Projects Worth KD20bn In Next 5 Yrs

Companies in Kuwait

Most viewed companies by Community in the last 24 hrs

Company Name	Country	Industry
Alshaya Group	Kuwait	Multi-line
Agility Public Warehousing Company	Kuwait	Transportation Services
Ministry of Health - Kuwait	Kuwait	Ministries and Municipalities
National Bank of Kuwait	Kuwait	Banking
Jazeera Airways	Kuwait	Transportation Services
Mohamed Abdulmohsin Al Kharafi and Sons Company	Kuwait	Multi-line
Kuwait Food Company	Kuwait	Restaurants and Cafes
Kuwait National Airlines Company	Kuwait	Transportation Services
Kuwait Finance and Investment Company	Kuwait	General Financial Services
Kuwait Finance House	Kuwait	Banking

Projects

Most viewed projects by Community in the last 24 hrs

Project Name	Country	Sector
Dubai RTA - Dubai Metro - Purple Line	UAE	Infrastructure
IPIC - Abu Dhabi Crude Oil Pipeline (ADCOP)	UAE	Oil and Gas
Qatar Foundation - Sidra Hospital	Qatar	Real Estate
Nakheel - Dubai Waterfront	UAE	Real Estate
KNPC - Al Zour Refinery	Kuwait	Oil and Gas
Nakheel - Dubai Waterfront - Veneto	UAE	Real Estate
Takreer - Ruwais Refinery Expansion	UAE	Oil and Gas
Khalifa Port and Industrial Zone (KPIZ)	UAE	Infrastructure
Emirates Aluminium (EMAL) - Smelter Complex	UAE	Industry
ADCO - SAS Field Development	UAE	Oil and Gas

Blogs

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1	A SWOT Analysis On Real Estate
2	Lessons Learned from the Current Crisis
3	Vertigo \| Memai
4	The Myth of Islamic Finance
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Construction
Shifting East
A shortage of skilled manpower in the GCC construction industry is attracting civil engineers and architects from countries where unemployment is growing.

Kuwait Acts
Kuwait's National Assembly's financial and economic affairs committee yesterday examined in a marathon seven-hour meeting steps taken by the Central Bank to ward off the effects of the global financial crisis.

Construction
Easing Prices?
One of the biggest stories in the real estate sector worldwide this year has been the escalating cost of raw material. But that may be about to ease.

Company Ranking

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

	Company	Country	Market Capital ($mil)
1	Mobile Telecommunications Company	Kuwait	20,110
2	National Bank of Kuwait	Kuwait	18,148
3	Kuwait Finance House	Kuwait	16,961
4	Commercial Bank of Kuwait	Kuwait	6,193
5	Al Ahli Bank of Kuwait	Kuwait	5,429
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