Correspondent, Beirut
Sylvia's Feed
Oct 10, 2012

Marriage loses its sparkle in Kuwait

KUWAIT (Reuters) – In a luxury hotel suite, away from prying eyes, twenty Kuwaiti female guests at a traditional wedding party segregated by the sexes watch the men via a video link.

The women snap pictures of the festivities on their cell phones and swap stories about how they met their husbands and their views on marriage. The contrasts between young and old in the conversation expose a shift in society that has the government worried.

Oct 7, 2012

Kuwait’s ruler dissolves parliament, elections loom

KUWAIT (Reuters) – Kuwait’s ruler ordered the dissolution of parliament on Sunday, a senior government minister said, opening the way to a parliamentary election in the major oil-producing Gulf Arab state after months of political deadlock.

The emir, Sheikh Sabah al-Ahmad al-Sabah, had been widely expected to take the decision following a cabinet request to dissolve the assembly. Elections now need to be held within 60 days under constitutional rules.

Oct 4, 2012

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 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.

    • 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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