KUWAIT, May 26- Kuwaiti lawmakers have called for the scrapping of a contract to build a gas-fired power and seawater treatment plant, a newspaper said, putting pressure on an important project in the Gulf state's development plan.
*Sudan hopes to offset loss of oil to South Sudan. NEAR SOFIYA, Sudan, May 22- In a hangar-shaped factory hall in central Sudan a dozen workers rush to pack refined white sugar gushing from a funnel into paper bags to be loaded on three trucks parked outside.
NEW YORK, May 21- Federal prosecutors on Tuesday charged a New York art dealer with tax fraud in connection with the sale of paintings she claimed to be the works of celebrated abstract expressionists, but some of which the government said were fakes.
NEW YORK, May 21- Federal prosecutors on Tuesday charged a New York art dealer with tax fraud in connection with the sale of paintings she claimed to be the works of celebrated abstract expressionists, but some of which the government said were fakes.
NEW YORK, May 21- Federal prosecutors on Tuesday charged a New York art dealer with tax fraud in connection with the sale of paintings she claimed to be the works of celebrated abstract expressionists, but some of which the government said were fakes.
KUWAIT, May 21- Around 80 percent of workers at Kuwait's main, state-run oil services company are on strike calling for better pay, a union official said on Tuesday, the latest sign of wage pressures in the Gulf Arab country.
"I've had enough of Sudan and will go to Saudi Arabia," said Taha. " Taha, who has been working in an office accounts department for two years because he could not find a professional post, has just been hired as an engineer by a construction firm in Saudi Arabia- a move that will increase his salary sevenfold to 2,500 Saudi riyals a month.
KUWAIT, May 15- A ruling by Kuwait's top court next month could end a period of relative political stability, jeopardising government plans to push ahead with long-delayed economic projects.
KUWAIT, May 15- Kuwait's state-owned Kuwait Airways has picked Airbus to provide new jets because its proposal was the best value for money, the country's transport minister was quoted as saying on Wednesday.
The proposal calls for state-owned Kuwait Airways to buy 25 new Airbus jets and to lease a further 13 to upgrade its fleet but needs government approval, the source said. In August 2007, Kuwait Airways cancelled an order for 19 passenger planes worth $3 billion from local lessor Alafco after failing to get government approval.
TORONTO, May 8- Tim Hortons Inc named a long-time Nestle executive as its new chief on Wednesday, a job that will be no easy task given drooping demand at the Canadian coffee and doughnut chain and a push by a U.S. hedge fund for better returns.
NEW YORK, May 8- This is not your parents' bull market. You can argue all you like about how corporate profits are vulnerable and the market is hung from the clouds on slender threads spun by Ben Bernanke, but what you can't say is that we are in classic broad-based stock market mania.
TORONTO, May 8- Tim Hortons Inc named a long-time Nestle executive as its new chief executive on Wednesday, a job that comes with tall tasks given drooping demand at the Canadian coffee and donut chain and a U.S. hedge fund pushing for better returns.
*Iran reliant on shipping for many imports. Feeder services, which transport ship containers to Iran especially from larger ports in the United Arab Emirates, are also used.
*Deal pushes India ahead of China for 2013 foreign M&A purchases. NEW DELHI/ DUBAI, May 3- Gulf state Qatar has bought a 5 percent stake in Indian telecoms firm Bharti Airtel Ltd for $1.26 billion, the firm said on Friday, extending an overseas buying spree from mainly developed countries to Asia's third-largest economy.
Iraq's second-largest mobile operator said on Thursday it made a net profit of 662 billion dinars last year, on an 18 percent rise in revenue to 2.17 trillion dinars.
*Bankers see more deals coming out of Egypt, Turkey. That strategy underwent an abrupt shift late in 2012 when the bank agreed to buy the Egyptian operations of French lender BNP Paribas for $500 million, securing a foothold in Egypt and diversifying a business hit hard by debt problems at the Dubai state-linked firms it banked heavily.
*Dubai market up 32 pct this year. DUBAI, May 1- Trading volumes have doubled in the past few months, wealthy individual investors from Saudi Arabia and Kuwait are in town, and lucrative stock tips are again discussed at dinner tables. But the bull run in Dubai's share market may be only just beginning.
NEW DELHI, May 1- Reliance Industries, owner of the world's biggest refining complex, has raised its dependence on heavier grades from Latin America, replacing some of the Middle Eastern crude it used to purchase, tanker arrival data made available to Reuters showed.
One Heavy Brigade Combat Team, also known as an Armoured Brigade Combat Team. One Army National Guard combat aviation brigade. Kuwaiti bases such as Camp Arifjan, Ali Al Salem Air Field, and Camp Buehring offer the United States major staging hubs, training ranges, and logistical support for regional operations.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."