Correspondent, Beirut
Sylvia's Feed
Oct 4, 2012

Analysis: For Kuwait’s next ruler, family peace most urgent priority

KUWAIT (Reuters) – When Kuwait’s next ruler takes power he will need to reassure competing factions in the Al-Sabah dynasty that he is protecting their interests and maintaining stability, making progress toward democratic reforms unlikely, at least at the beginning.

Current ruler Sheikh Sabah al-Ahmad al-Sabah, 83, has resisted opposition demands for more policy-making authority in an increasingly assertive parliament, which he has dissolved several times.

Oct 3, 2012

Kuwait central bank cuts discount rate to 2 pct

KUWAIT, Oct 3 (Reuters) – Kuwait’s central bank is cutting
its discount rate by 50 basis points to 2 percent to help
bolster the banking sector and support the economy, state news
agency KUNA said late on Wednesday.

The cut, which will take effect from Oct. 4, is the first
move since February 2010, when the bank cut the discount rate by
50 basis points to 2.5 percent, according to Reuters data.

Oct 3, 2012

Kuwait government calls for dissolution of parliament: KUNA

KUWAIT (Reuters) – Kuwait’s cabinet has asked the country’s ruler to consider dissolving parliament, state news agency KUNA reported on Wednesday, in a widely expected bid to clear the way for a new election and end months of political deadlock.

Kuwait, a major oil producer and U.S. ally, has a relatively open political system by Gulf standards, and has avoided an uprising like those that have ousted dictators in four Arab states since early last year.

Oct 3, 2012

Kuwait govt calls for dissolution of parliament – KUNA

KUWAIT, Oct 3 (Reuters) – Kuwait’s cabinet has asked the
country’s ruler to consider dissolving parliament, state news
agency KUNA reported on Wednesday, in a widely expected bid to
clear the way for a new election and end months of political
deadlock.

Kuwait, a major oil producer and U.S. ally, has a relatively
open political system by Gulf standards, and has avoided an
uprising like those that have ousted dictators in four Arab
states since early last year.

Oct 1, 2012

Kuwait should cut spending- c.bank governor

KUWAIT, Oct 1 (Reuters) – Kuwait’s government should take
all necessary measures to cut spending and focus on investing in
projects that will benefit the major oil producer’s economy in
the long-term, Central Bank Governor Mohammad al-Hashel said on
Monday.

Hashel, who took over at the central bank in March, said he
shared his predecessor’s concern about high government spending
in the Gulf Arab state.

Sep 30, 2012

Palestinian authority aims to securitize $200 million of debt

KUWAIT (Reuters) – Palestinian authorities are aiming to securitize an initial $200 million of some $1.3 billion worth of government debt by the first quarter of 2013 to help reduce state borrowing from local banks, a top banker said on Sunday.

“The Ministry of Finance is much more ready for securitizing the old debt rather than creating new debt, because we are not even rated,” Palestinian Monetary Authority Governor Jihad al-Wazir said ahead of a Monday meeting of Arab central bankers in Kuwait.

Sep 17, 2012

Kuwait aims to boost rainy day fund – KUNA

KUWAIT, Sept 17 (Reuters) – OPEC member Kuwait plans to more
than double the portion of state revenues it puts into a rainy
day fund, mostly from oil, to 25 percent this fiscal year, the
state news agency said on Monday.

Kuwait’s cabinet has asked the finance ministry to make the
change in the budget for the year ending in March 2013, news
agency KUNA said. It was not clear whether the increase would
extend beyond the current financial year.

Sep 10, 2012

Kuwaitis rally against government, voting law

KUWAIT, Sept 10 (Reuters) – Around 1,500 Kuwaitis took part
in a rally late on Monday to protest against possible changes in
the electoral law and call for more democracy.

The crowd, which included opposition lawmakers and political
activists, gathered outside parliament in a square which has
hosted several anti-government demonstrations since late last
year.

Jul 31, 2012

Kuwaiti royal detained over tweets: rights group

KUWAIT (Reuters) – Police released a member of Kuwait’s Al-Sabah ruling family on Sunday after holding him for several days over remarks on Twitter in which he accused the authorities of corruption and called for political reforms, a rights activist said.

Kuwaiti authorities detained Sheikh Meshaal al-Malik Al-Sabah on Thursday, Anwar al-Rasheed, secretary general of the Gulf Forum for Civil Societies, told Reuters.

Jul 25, 2012

Syrians flee to “safer” Iraq through reopened border

OUTSIDE AL-QAIM, Iraq (Reuters) – At a bare concrete building on the western edge of Iraq, hundreds of Syrian refugee families wait in the shade, anxious to find out where they will spend the night after fleeing their homeland.

Many of the men, women and children had come from the Syrian town of Albu Kamal and said Syrian rebel forces escorted them on the 7 km (4 miles) road to the main border gate with Iraq.

    • About Sylvia

      "Sylvia is based in Beirut, covering Lebanon and Syria. She joined Reuters as a graduate trainee in 2006 and has been based in London, Berlin, Frankfurt, Vienna and Kuwait and has reported from South Korea, Tunisia, Egypt and Iraq. She moved to Beirut in 2014."
      Joined Reuters:
      2006
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