Having omitted to run background checks, representatives of the Kuwaiti Ministry of Defence in Washington, DC had enlisted the services of a man pretending to be a lawyer to handle their legal affairs with the US federal agencies for eight years. [...]
In a bid to attract more foreign capital to France, the government is creating a new ambassadorial position for sovereign wealth funds. The new role would establish a direct channel between Paris and SWFs, especially those from the Arab Gulf states such as PIF, ADIA, QIA and ADQ. [...]
The French and Kuwaiti foreign ministers are bidding to boost bilateral relations with a new Franco-Kuwaiti business club. It's set to include the private equity firm Ardian and French organisations looking to become involved in Kuwait's economic future. [...]
A New York court has rejected Omar Alghanim's discovery proceedings against his father Kutayba Alghanim, thereby ending a dispute in which the ultimate loser has been the family conglomerate just as it negotiates several defence contracts. [...]
Hussam bin Saud bin Abdulaziz al-Saud owes money to Kuwaiti telecommunications company Zain. His case is being ruled in London despite his attemps to avoid it. In Riyadh, he has been pushed to the sidelines. [...]
Don't miss a single article on
KUWAIT
15% OFF your annual subscription
This offer is open to all new subscribers and runs until 03/02/2023
Don't miss a single article on
KUWAIT
