KUWAIT CITY (AFP) - Kuwait has appointed its first independent regulatory body, the Capital Market Authority, to oversee its stock exchange, Commerce Minister Ahmad al-Harun said on Wednesday.
The managing director of the Kuwait exchange, Saleh al-Falah, was appointed chairman of the new body which has four other members, the official KUNA agency quoted Harun as saying after a cabinet meeting.
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KUWAIT CITY (AFP) - Kuwait has expressed safety concerns over Iran's new nuclear reactor on the opposite side of the Gulf, fearing fallout from possible leaks, the official news agency KUNA reported.
"Kuwait's concern is based on fears of any leaks due to natural causes that may have future consequences," foreign ministry undersecretary Khaled al-Jarallah said, quoted by KUNA late on Monday.
K [...]
KUWAIT CITY (AFP) - Kuwait is closely monitoring "sleeping terror cells" that would resort to violence if Iran came under a military strike, a newspaper quoted a security source as saying on Sunday.
"The security agencies have been monitoring those cells for a long time and are aware of their moves and sources of funding," the unnamed Kuwaiti source told Al-Qabas newspaper.
They are "clo [...]
WASHINGTON (AFP) - The last US combat brigade pulled out of Iraq and crossed into Kuwait almost seven and a half years after the US-led invasion, US media has reported.
Television footage showed an MSNBC reporter travelling with the 4th Stryker Brigade, 2nd Infantry Division, crossing the border into Kuwait to be followed in the coming hours by the rest of the brigade.
The news was also [...]
WASHINGTON (AFP) - The Pentagon on Wednesday said it had notified the US Congress of a planned sale of Patriot missiles to Kuwait, which is looking to bolster its defenses against the threat from Iran.
"Kuwait needs these missiles to meet current and future threats of enemy air-to-ground weapons," the US Defense Security Cooperation Agency said in a statement on its web site about the dea [...]
ABU DHABI (AFP) - A year after its first Formula One race, Abu Dhabi hopes to lure even more tourists with "Ferrari World" -- a grandiose theme park that is the first of its kind for the iconic Italian carmaker.
Ferrari World Abu Dhabi announced on Monday that the park will open in 100 days featuring a record-breaking roller coaster ride meant to emulate the feeling of being in a Ferrari [...]
Passengers jump out of plane in India after bad landing
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