Correspondent, Beirut
Sylvia's Feed
Jan 15, 2014

Western, Arab states pledge $2.4 billion in Syria aid

KUWAIT (Reuters) – Western and Gulf Arab nations pledged more than $2.4 billion (1.4 billion pounds) on Wednesday for U.N. aid efforts in Syria, where a near three-year civil war has left millions of people hungry, ailing or displaced.

The pledge arose from a U.N. appeal for $6.5 billion in 2014, which was launched last month and is the largest in the organisation’s history.

Jan 15, 2014

Western, Arab states pledge $1.4 billion in fresh Syria aid

KUWAIT (Reuters) – Western and Gulf Arab nations pledged $1.4 billion (£852 million) on Wednesday for United Nations aid efforts in Syria, where an almost three-year-old civil war has left millions of people hungry, ailing or displaced.

The pledge arose from an appeal for $6.5 billion launched last month that is the largest in U.N. history. The world body estimates that the conflict has reversed development gains in Syria by 35 years, with half its people now living in poverty.

Jan 15, 2014

US, Gulf Arab states pledge $1 billion in fresh Syria aid

KUWAIT (Reuters) – Donors including the United States and wealthy Gulf Arab countries pledged $1 billion on Wednesday for U.N. humanitarian efforts in Syria, devastated by almost three years of civil war.

Kuwait’s emir, Sheikh Sabah al-Ahmed al-Sabah, promised $500 million in fresh assistance, while the United States announced a contribution of $380 million. Qatar and Saudi Arabia pledged $60 million each.

Jan 15, 2014

Kuwait pledges $500 million in Syria aid at donor conference

KUWAIT (Reuters) – Kuwait’s emir promised $500 million on Wednesday for U.N. humanitarian efforts in Syria, devastated by almost three years of civil war.

Sheikh Sabah al-Ahmed al-Sabah made the pledge at an international donor conference intended to help the world body reach a $6.5 billion aid target for the crisis in 2014.

Jan 6, 2014

Kuwait appoints Islamist MP as oil minister in reshuffle

KUWAIT, Jan 6 (Reuters) – Major oil producer Kuwait
appointed an Islamist lawmaker as oil minister on Monday as part
of a government reshuffle triggered by political tensions,
although the move is unlikely to affect energy policy.

Ali Saleh al-Omair, who replaces Mustapha al-Shamali as oil
minister, is part of a group of Salafi Islamist politicians who
are generally cooperative with the government. He was elected as
a member of parliament in July.

Jan 5, 2014

Kuwait 6-mth budget surplus down 15 pct as spending jumps

KUWAIT, Jan 5 (Reuters) – Kuwait’s budget surplus narrowed
in the first six months of its fiscal year as spending soared
over 50 percent, partly thanks to increased outlays on public
sector wages, while oil revenues fell, figures from the Finance
Ministry showed.

The budget surplus for April to September was 10.72 billion
Kuwaiti dinars ($37.9 billion), a Reuters calculation based on
official data showed. That was down 15 percent from 12.65
billion dinars during the same period a year earlier.

Dec 18, 2013

National Bank of Kuwait CEO to retire after 30 years at helm

KUWAIT, Dec 18 (Reuters) – Ibrahim Dabdoub, one of the
longest-serving bank executives in the world, will retire from
National Bank of Kuwait next year after leading the
Gulf Arab state’s largest commercial lender for three decades.

Dabdoub, who guided the bank through Iraq’s invasion of
Kuwait in 1990-1 as well as a number of local and global
financial crises, leaves the institution as one of the biggest
and most respected lenders in the Middle East.

Nov 27, 2013

StanChart begins Iraq banking as petrodollars boost economy

BAGHDAD, Nov 27 (Reuters) – British lender Standard
Chartered launched banking operations in Iraq on
Wednesday, saying it hoped to benefit from large infrastructure
projects in a country trying to rebuild after years of conflict.

Standard Chartered is one of a small number of foreign banks
with operations in Iraq, which is seeing rapid economic growth
fuelled by oil production but also its worst upsurge in
sectarian violence in at least five years.

Nov 26, 2013

Tug-of-war erupts over planned return of Jewish archives to Iraq

BAGHDAD/LONDON (Reuters) – Jewish books and documents found by U.S. soldiers in the flooded headquarters of ousted Iraqi leader Saddam Hussein and sent to the United States for restoration have touched off a dispute between Baghdad and Iraqi Jews who fled the country.

After a $3 million restoration, the collection has been put on display at the Washington-based National Archives. But bowing to demands from Iraq’s Shi’ite Muslim-led government, the United States says it will return the collection next summer. Some of the artifacts date to the 16th century.

Nov 26, 2013
via FaithWorld

Saudi Arabia and Kuwait tighten controls on clerics amid regional crises

Photo

(Muslim pilgrims pray atop Mount Thor in the holy city of Mecca ahead of the annual haj pilgrimage October 11, 2013. REUTERS/Ibraheem Abu Mustafa)

Saudi Arabia and Kuwait have been quietly reining in their clerics on concerns that preachers could use their influence to stir up trouble and inflame sectarian divisions at a time of high tension over the crises in Syria and Egypt.

    • 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
    • Follow Sylvia