Nicosia, Mar 30: The state-run Kuwait National Petroleum Company (KNPC) confirmed press reports that it had scrapped plans to built a fourth refinery at Al Zour, at an estimated cost of 15 billion dollars and has informed accordingly the companies involved.

This is the second multi-billion project which has been abandoned by a Kuwati state-run company in the past three months.

Kuwait City  - Kuwait's Emir has dissolved parliament following the resignation of the cabinet and interim prime minister, the Dubai-based satellite network al-Arabiya reported Wednesday.

Al-Arabiya said that Emir Sheikh Sabah al-Ahmed al-Sabah had dissolved the parliament Wednesday after the cabinet and prime minister resigned on Monday.

But National Assembly Speaker Jassem Al-Kharafi on Wednesday said he had not been notified of the decision, Kuwait's official KUNA news agency reported.

Kuwait City - The Emir of Kuwait has accepted the government's resignation, in an apparent attempt to shield the prime minister from lawmakers' questions about misuse of public funds.

Kuwait's official KUNA news agency reported that Jassem al- Kharafi, speaker of Kuwait's National Assembly, adjourned Tuesday morning's session of the legislative assembly because Emir Sheikh Sabah al-Ahmed al-Sabah had accepted the resignations of the prime minister and his cabinet the night before.

Nicosia, Feb 10: Ahmad al-Obaid, who is the head of the Kuwait Society for Safeguarding Public Funds, has said that the Society filed a suit against the Kuwait Petroleum Company(KPC) for misappropriation of public funds.

He was quoted by Al-Qabas newspaper as saying that millions of dinars had been embezzled at the petroleum training center.

Kuwait City - The Emir of the oil-rich Gulf country of Kuwait on Monday swore in Sheikh

It was confirmed by Kalpataru Power Transmission on Thursday that it has acquired an order