New PM announced by Kuwaiti ruler to end political stalemate
Sheikh Meshal al-Ahmed Al-Sabah, who was sworn in as emir last month, named Sheikh Mohammed Sabah al-Salem Al-Sabah, a popular ex-foreign minister, as the new premier. He replaces Sheikh Ahmed Nawaf al-Ahmed al-Sabah, son of the late emir whose death has raised hopes of a political shift in the country.
wealth
TomTom cuts 300 jobs
The firm said it was realigning its organization as it embraces AI.
Aldar nets $953m in sales at Fahid
Aldar said 42 percent of the buyers are under the age of 45.
Qualcomm to Alphawave for $2.4 bn
The deal makes Alphawave the latest tech company to depart London.
Equinor signs $27 bn gas deal
The 10-year contract was signed with Centrica.
ADNOC Drilling secures $1.15bn contract
The contract for two jack-up rigs begins in the second quarter.
