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Ikea Kuwait launches summer internship program 2009
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Kuwait: Ikea Kuwait – the globally renowned Swedish home furnishings chain – has re-launched its annual summer internship program for 50 promising Kuwaiti youth in association with the Government’s Manpower Restructuring Program. [AMEInfo.com]
 
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Global Program fosters the success of innovative startups committed to MicrosoftÂ’s platform technologies
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Kuwait: Isoratek announced that it has been selected to join the Microsoft BizSpark Program as a Network Partner. [AMEInfo.com]
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Zain to consult UBS
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Kuwait: Kuwait's Zain has said it is cooperating with UBS AG and other advisers to study and review the company's strategy to maximize shareholder value. UBS was asked to consider a possible sale of Zain's African division, which it values at about $10bn, Bloomberg has said. Zain is yet to decide on a sale, which would exclude its Sudanese operations. [AMEInfo.com]
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Kuwait health awareness campaign underway
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Kuwait: Kuwait's biggest campaign for better nutrition and weight management, a joint effort between Taiba Hospital and Diet Care, provider of diet and nutrition services, has announced that its team of nutritionists has given free consultations to close to 200 individuals in the first three days of the campaign. The team of dieticians is conducting weekly visits to work places, schools, malls, and social gatherings offering free cholesterol tests, blood sugar level tests, weight assessments and consultations. [AMEInfo.com]
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Burgan bank teams up with Movenpick Al BidaÂ’a to provide customers with new offers this summer
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Kuwait: Burgan Bank, amongst the leading and most dynamic commercial banks in the state of Kuwait, has joined hands with Movenpick Hotel Al BidaÂ’a to offer Burgan Credit Card holders exclusive summer holiday packages for their stay at Movenpick Al BidaÂ’a. [AMEInfo.com]
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Alafco delivers nine planes
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Kuwait: Kuwait's Aviation Lease and Finance (Alafco), has said that it has delivered nine out of 20 new aircraft to its customers during the first half of 2009. Two A320-200 aircraft were delivered to Wataniya Airways; two A320-200 aircraft were delivered to Indian low cost carrier Go Airlines; three A320-200 aircraft were delivered to Kuwait-based AREF Investment Group and two B737-900ER aircraft were delivered to Turkish operator Sky Airlines. The firm is now prepared to take delivery of eleven new A320-200 aircraft during the second half of 2009, of which six are to be delivered to Saudi Arabian Airlines, one to Kuwait's Wataniya Airways and four to Pantheon Airways in Greece. [AMEInfo.com]
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Kuwait exchange gains 0.23%
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Kuwait: The Kuwait Stock Exchange (KSE) closed 0.23% higher at 8,098.9 points. Midan Dental Clinic posted the largest advance by adding 8.5% (closing at KD0.320). Asset management company Kuwait Financial Centre gained 6.78%, closing at KD0.126. Shares of Mobile Telecommunications Co. (Zain) jumped 5.08% on announcing that is negotiating a possible sale of its Africa unit to France's Vivendi, according to EFG Hermes. Investment firm listed at the KSE mostly traded lower today. [AMEInfo.com]
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360 Mall to open doors for shoppers on July 5th
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Kuwait: 360 Mall, the future of luxury shopping, has arrived in Kuwait. [AMEInfo.com]
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Alafco takes delivery of nine out of twenty ordered aircraft during the first half of 2009
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Kuwait: Alafco Aviation Lease And Finance Company Chairman and CEO Ahmad A. Alzabin announced that the company delivered nine new aircraft as planned to four customers during the first half of 2009. [AMEInfo.com]
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Zain mulls offers for African unit
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Kuwait: Zain Group's Assistant Chief Executive for Business Development and Government Relations, Barrak al-Subeih has told Kuwaiti daily al-Anbaa that the company may consider selling a stake in its African operations if the price is right. The firm has received offers from Europe's largest entertainment group Vivendi and other major telecom firms, he said. [AMEInfo.com]
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The
State of Kuwait (Arabic: الكويت ) is a small constitutional monarchy
on the coast of the Persian Gulf, enclosed by Saudi Arabia to the
south and Iraq to the north and west. The name is a diminutive of an
Arabic word meaning "fortress built near water."
