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Kuwaiti fund buys luxury apartment building in Manhattan - Kuna |
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Thursday, 02 February 2012 00:18 |
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Kuwait: The investment arm of Kuwait's social-security system bought a luxury apartment building in Manhattan's Noho neighbourhood, as demand for multifamily properties surges, Reuters has reported, citing two people with knowledge of the deal. Wafra Investment Advisory Group Inc. last week completed the purchase of 2 Cooper Square, a 144-unit building that includes a rooftop pool, video-game centre and private movie- screening room, according to the source. [AMEInfo.com]
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Kuwait Gulf Oil inks gas deal with France Technip - Kuna |
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Wednesday, 01 February 2012 23:58 |
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Kuwait: Kuwait Gulf Oil Co (KGOC) and France's Technip have signed a contract to build gas facilities in Khafji, as part of a plan to boost gas output for growing domestic needs, Reuters has reported, citing industry sources. The deal involves building gas and natural gas liquids (NGL) facilities in Khafji, which will carry 40 million standard cu ft per day (MMscfd) of gas via pipeline to Kuwait. KGOC, a unit of Kuwait Petroleum Corp operates in the Neutral Zone shared by Kuwait and Saudi |
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PrO-Design opens three showrooms for Ralph Lauren Home Baker and Kenzo in Al-Tilal Design Mall - Kuna |
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Wednesday, 01 February 2012 23:44 |
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Kuwait: PrO-Design Group for General trading and contracting, announces the opening of three world class luxury lifestyle branded showrooms for Ralph Lauren Home, Baker Furniture, and Kenzo Maison with exclusive brand presentation spaces located at Al-Tilal Design Mall, Shuweikh area. [AMEInfo.com] |
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Al Taameer Real Estate Investment publishes MENA hospitality report update for January 2012 - Kuna |
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Wednesday, 01 February 2012 06:27 |
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Kuwait: All three metrics of the Kuwaiti hotel industry demonstrated an upward trend during November 2011. Hotel occupancy increased just 1.0 percentage point YoY to 56.0%, while Average Daily Rate (ADR) rose 4.5% YoY to $315.0 and Revenue per Available Room (RevPAR) 5.4% YoY to $178.0. [AMEInfo.com] |
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Kuwait banks drag stock market gauge lower - Kuna |
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Wednesday, 01 February 2012 04:52 |
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Kuwait: The KSE Market Index slipped 0.22% to 5,865.4 points. While shares of National Bank of Kuwait ended even, Al Ahli Bank of Kuwait fell 1.50%. Islamic lender Boubyan Bank bucked the downtrend by adding 1.1%. Year-to-date the KSE's main measure has added 0.68%. [AMEInfo.com] |
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Asteroid to pass close by Earth, moon - NASA |
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Technology
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Saturday, 28 January 2012 00:02 |
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A small asteroid will whiz past Earth Friday, coming extremely close to the moon, NASA scientists say.
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Tuesday, 24 January 2012 07:08 |
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An extremely cold period commonly known in Kuwait as “Izairig”, will start today and will continue until the end of the month
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Two more meningitis cases recorded |
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Health
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Tuesday, 24 January 2012 07:07 |
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Informed sources revealed that two more cases of Meningitis patients have been admitted to Farwaniya Hospital.
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Work visas after polls, formation of new govt |
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Tuesday, 24 January 2012 07:06 |
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The Ministry of Social Affairs and Labor will start issuing work visas only after the National Assembly elections and the formation of the new government, reports Al-Dar daily quoting reliable sources.
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