Europe Top News and Analysis Kuwait

Kuwait has been one of the least attractive Middle East markets for investors, but plans from index providers to upgrade Kuwait to emerging markets status is boosting stocks.

OPEC and its allies are expected to start pumping more oil, but tensions are rising as producers protect their interests.

The country of 10 million has been struggling under tight austerity measures imposed as part of an IMF debt-reduction package.

Numerous cases of sexual abuse and suicide, as well as unexplained disappearances of workers, have been coming out of Kuwait and other Gulf states for several years.

The country had initially set June 21 as the date to open bids for 11 new blocks, located in border areas with Iran and Kuwait, and in offshore Gulf waters.

Efficiency improvements from the world’s largest oil-producers could see prices slide back to near $50 a barrel, according to J.P. Morgan.

“We finished one battle but we are engaged now with a war for reconstruction,” said Mustafa al-Hiti, the head of Iraq’s reconstruction fund.

Trade groups and foreign governments stayed at or held events at properties linked to the President, according to think tank Public Citizen.

Online social accounts allow terror groups to explicitly broadcast calls for financial support.

Saudi authorities are striking deals with some of those detained in an anti-corruption crackdown, asking for assets and cash in return for their freedom.

Saudi Arabia on Saturday suspended any dialogue with Qatar, accusing it of "distorting facts."