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Pay back time of $416 million to Kuwait victims of Iraqi invasion
The awards will go to successful claimants in categories "A" (person who were forced to leave Iraq or Kuwait during the occupation ) and "C" (individual losses less than $100,000 US).
Kuwait, Economics, 10/3/1997
US denies that it objected to participation by Kuwaiti MP in meetings with congressmen
Krukar declined to confirm press reports about the US doubts that the member has connections with terrorist groups which was the cause for the US objection, asserting that there is no reference to terrorism and that the reason has to do with the political atmosphere in the USA.
Kuwait, Politics, 10/3/1997
The Kuwaiti National Oil company halts strike after promises from foreign minster
The Syndicate of the National Oil Company decided to put a stop to the strike of the exporting workers of Al Ahmady port after the Foreign Minister Sabah Al Ahmad Al Sabah promised to solve the workers' outstanding demands and to study the requests of the Syndicate which caused the strike.
Kuwait, Business, 10/3/1997
Pact on linking bourses in Kuwait and Bahrain
The agreement paves the way for a Kuwaiti clearing company and a Bahraini commercial bank to step up a share settlement system that will make it easiest for investors in one market to trade directly on the other.
Bahrain-Kuwait, Economics, 10/2/1997
Foreign investment to be organized
Kuwait's new investment law, which soon will be completed, will organize foreign investment in the country and the possibility of opening representation offices for Gulf banks
Kuwait, Economics, 10/2/1997
Kuwait forms National Orchestra
Kuwait's National Council for Culture, Arts and Letters has formed the first Kuwaiti National Orchestra to participate in future offcial and national occasions.
Kuwait, Culture, 10/2/1997
Jordan-Kuwait ties improving
"These relations are constantly improving and there are contacts and exchanges of visits by the two countries' officials," Majali said during a news conference.
Jordan-Kuwait, Politics, 10/1/1997
Covert crisis between USA and Kuwait over Kuwaiti Parliament
American-Kuwaiti relations are heading towards a crisis after the US administration prevented a member of the Kuwaiti parliament, Dr. Hassan Gohar, from attending the meeting between a delegation comprising Kuwaiti parliament members and officials in the US government and Congress last week.
Kuwait, International, 9/29/1997
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