Friday, April 15, 2005

Friday News Headlines

Following are some news headlines related to Kuwait:
  • Kuwait Investment Authority, Shareholders Resist Dismantling Daimler-Chrysler
    • Financial sources said that Daimler-Chrysler shareholders are resisting calls to dismantle Daimler-Chrysler. This includes Kuwait Investment Authority (KIA), which owns a 7.2 percent share of the company. According to the sources, KIA rejected offers because they were too low. Reuters
  • For The Fashion Lovers: Kuwaiti Companies Acquire New Franchising Deals
    • MOTEXHA, a fashion trade show that was held in Dubai recently announced that the show was a big success, with franchising deals and inquiries from all over the Middle East. Soon, fashion lovers in Kuwait can expect to see brands such as Frou Frou maternity and children's wear, Calonge leather prodcuts, Art & Gems bags, K&S Antonoiu leather products, Schutz and Democrata shoes, International FZE orthopedic shoes, and everybody's favourite, JBS swimwear! MOTEXHA
  • Source: Indian Workers Placed in Dangerous Minefileds on the Kuwait-Iraq Border
    • A source told an Indian newspaper that hundreds of Indian workers have been "dumped" in dangerous minefields along the Kuwait-Iraq border for fencing work. The newspaper claims that the workers were promised jobs in the infrastructure sector in Kuwait, only to find themselves stuck in the middle of minefields. The newspaper also claims that these workers are suffering in silence, as they have huge financial commitments back home. NEWINDPRESS
  • Fiji Firm Opens First Gulf-Region Office in Kuwait
    • Meridian Services Agency, a company from Fiji, announced the opening of its Kuwait offices. It is the first registered company from Fiji in the Gulf region. The company claims its Kuwait office is important for speeding up the processing of job applications. However, there is no mention of the types of jobs sougth. Fiji Times Online

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