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Ghost kitchens are pitching themselves as the future of restaurants. These are the 14 companies in the space that you need to know.

With the pandemic increasing the amount of food delivery and hurting restaurants' bottom lines, buzzy ghost kitchens see an opportunity to grow.  The category had already attracted a lot of interest, notably from Uber co-founder and former-CEO Travis Kalanick, who launched CloudKitchens in 2016.  We compiled 14 of the biggest players in the ghost kitchen world to show the international scope of the budding space. Visit Business Insider's homepage for more stories. The pandemic has closed thou...
Tags: Europe, UK, New York, London, Saudi Arabia, China, Berlin, India, Softbank, New York City, US, Los Angeles, Trends, Atlanta, Spain, Austin


Ghost kitchens are pitching themselves as the future of restaurants. These are the 14 companies — and the money backing them — that you need to know.

With the pandemic increasing the amount of food delivery and hurting restaurants' bottom lines, buzzy ghost kitchens see an opportunity to grow.  The category had already attracted a lot of interest, notably from Uber co-founder and former-CEO Travis Kalanick, who launched CloudKitchens in 2016.  We compiled 14 of the biggest players in the ghost kitchen world to show the international scope of the budding space. Visit Business Insider's homepage for more stories. The pandemic has closed thou...
Tags: Europe, UK, New York, London, Saudi Arabia, China, Berlin, India, Softbank, New York City, US, Los Angeles, Trends, Atlanta, Spain, Austin


Money is pouring into ghost kitchens, which some are calling the future of restaurants. These 14 companies stand to gain the most from this hot food concept.

With the pandemic increasing the amount of food delivery and hurting restaurants' bottom lines, buzzy ghost kitchens see an opportunity to grow.  The category had already attracted a lot of interest, notably from Uber co-founder and former-CEO Travis Kalanick, who launched CloudKitchens in 2016.  We compiled 14 of the biggest players in the ghost kitchen world to show the international scope of the budding space. Visit Business Insider's homepage for more stories. The pandemic has closed thou...
Tags: Europe, UK, New York, London, Saudi Arabia, China, Berlin, India, Softbank, New York City, US, Los Angeles, Trends, Atlanta, Spain, Austin


Three decades on, Iraq and Kuwait haunted by Saddam's invasion

Thirty years have passed since Iraqi tyrant Saddam Hussein invaded neighbouring Kuwait, but despite hints of a diplomatic rapprochement, people in both countries say the wounds have yet to heal. On August 2, 1990, Saddam sent his military, already exhausted by an eight-year conflict with Iran, into Kuwait to seize what he dubbed "Iraq's 19th province." From Baghdad to Basra, Kirkuk to Babylon, Iraqis agree that the incursion "marked the beginning of the end."
Tags: News, Iraq, Iran, Saddam Hussein, Kuwait, Baghdad, Saddam, Basra Kirkuk


MIDEAST STOCKS- #Kuwait leads most of Gulf lower; Egypt edges up - Reuters

MIDEAST STOCKS-Kuwait leads most of Gulf lower; Egypt edges up - Reuters:Most bourses in the Gulf ended lower onWednesday, ahead of Eid Al-Adha holidays, with Kuwaiti sharesfalling the most as investors shunned stocks across the board.Many investors prefer to cash in holdings ahead of the Eidholiday, which lasts for at least three days in most Gulfcountries.In Kuwait, the index declined 1.3% as most of itsconstituents ended in negative territory, including KuwaitFinance House, which was down 2.4...
Tags: Travel, Egypt, Dubai, Abu Dhabi, Kuwait, Eid Al Adha, Gulf, Reuters, Rupert Neil Bumfrey, Dubai Islamic Bank, First Abu Dhabi Bank, Emirates Telecommunications Group, Emirates Integrated Telecommunications, Gulfcountries In Kuwait, KuwaitFinance House, Emaar Propertiesboth


#Kuwait Pension Fund Posts Record First-Quarter Investment Profit - Bloomberg

Kuwait Pension Fund Posts Record First-Quarter Investment Profit - Bloomberg:Kuwait’s Public Institution for Social Security posted a record first-quarter investment profit following a reboot of its strategy as the pension fund put behind a corruption scandal involving a previous manager.The fund, which owns 25% of U.S. private equity firm Stone Point Capital LLC, had an investment profit of $7.3 billion in the three months through June, it said in a statement. That compares with about $4.4 bill...
Tags: Travel, Kuwait, Rupert Neil Bumfrey, Stone Point Capital LLC, Public Institution for Social Security, Raed Al Nisf


MIDEAST STOCKS- #Kuwait shares rise on broad-based gains; others little changed - Reuters

MIDEAST STOCKS-Kuwait shares rise on broad-based gains; others little changed - Reuters:Broad-based gains pushed Kuwaiti shareshigher on Tuesday, with financial stocks leading the pack, whileother major bourses in the Gulf were little changed ahead of EidAl-Azha.In Kuwait, the index leapt 2.6%, as most of thestocks on the index ended higher including National Bank ofKuwait, which was up 3.5%.    Kuwait's government has set a road map and a time frame toimprove the country's credit rating, a stat...
Tags: Travel, Saudi Arabia, Abu Dhabi, Kuwait, Gulf, Reuters, Emaar Properties, National Bank, Rupert Neil Bumfrey, Abu Dhabi Commercial Bank ADCB, National Commercial Bank Dubai


‘They want us to leave’ — foreign workers under pressure in the Gulf | Financial Times

‘They want us to leave’ — foreign workers under pressure in the Gulf | Financial Times:Ashraf, an Egyptian working in Kuwait, lost all his income as a result of the coronavirus pandemic. The country’s curfew was eased two months ago, but for Ashraf there was little respite.While other areas of the oil-rich sheikhdom opened up, the taxi driver endured a total lockdown in a suburb close to Kuwait City’s airport popular with foreign workers, which only reopened on Sunday. Taxi services, suspended i...
Tags: Travel, Kuwait, Gulf, Ashraf, Kuwait City, Rupert Neil Bumfrey


#Kuwait Fund Sues London Boss Who ‘Blew’ Budget on Bonuses - Bloomberg

Kuwait Fund Sues London Boss Who ‘Blew’ Budget on Bonuses - Bloomberg:Kuwait Investment Authority, the fourth-largest sovereign wealth fund, is caught up in a legal dispute with former managers at its U.K. office over accusations of inflated bonuses.The fund alleges that Simon Hard, who oversaw fixed income at its London branch, and two other managers “blew the whole budget” by raising salaries and bonuses while a senior executive was away. It’s filed a claim for more than 1 million pounds ($1.3...
Tags: Travel, London, Bloomberg, Kuwait, Financial Times, Kuwait Investment Authority, Simon, Rupert Neil Bumfrey, Adam Solomon, State Audit Bureau


MIDEAST STOCKS- #Kuwait leads most of Gulf higher; #Qatar retreats - Reuters

MIDEAST STOCKS-Kuwait leads most of Gulf higher; Qatar retreats - Reuters:Most Gulf stock markets ended higher onMonday with Kuwait leading the gains on the back of a broadincrease in shares in its index, while Qatar's was hit byfirst-half losses from Qatar Insurance Company.  Saudi Arabia's benchmark index added 0.3%, bolsteredby a 0.6% gain in Saudi Aramco and a 1% rise in SaudiBasic Industries.But Yamama Cement declined 1.8% as the companyreported a fall in second-quarter net profit.In Kuw...
Tags: Travel, Qatar, Kuwait, Gulf, Reuters, Saudi Aramco, Rupert Neil Bumfrey, Ghanim, Marzouq, Qatar Insurance Company Saudi Arabia, SaudiBasic Industries But Yamama Cement, National Bank of Kuwait News, theUnited States


US envoy in #Qatar: Gulf dispute 'gone on too long' | News | Al Jazeera

US envoy in Qatar: Gulf dispute 'gone on too long' | News | Al Jazeera:The three-year blockade of Qatar by neighbouring Arab nations has gone on for too long and threatens regional security and prosperity, a US envoy has said.US Special Representative for Iran Brian Hook on Sunday acknowledged the challenge ahead of ending the crisis that has torn apart the Gulf Cooperation Council (GCC) - with the United Arab Emirates (UAE), Saudi Arabia, and Bahrain part of the siege.Egypt also joined the bloc...
Tags: Travel, US, Qatar, Egypt, GCC, Oman, Al Jazeera, Bahrain, Kuwait, Gulf Cooperation Council GCC, Rupert Neil Bumfrey, Emir Sheikh Sabah al Ahmad al Sabah, US Special Representative for Iran Brian Hook, United Arab Emirates UAE Saudi Arabia


#Kuwait sovereign wealth fund fights court battle with fired executives | Financial Times

Kuwait sovereign wealth fund fights court battle with fired executives | Financial Times:The Kuwait Investment Authority’s London arm has launched High Court proceedings against former executives over an alleged conspiracy to award unlawful pay increases.The case is part of a broader dispute between the $600bn sovereign wealth fund and a number of former employees, which began during a period of upheaval after Saleh Al-Ateeqi, a former McKinsey partner who once worked for Tony Blair, was appoint...
Tags: Travel, London, High Court, Tony Blair, Kia, Kuwait, | Financial Times, Kuwait Investment Authority, Mckinsey, Rupert Neil Bumfrey, KIO, Saleh Al Ateeqi, Kuwait Investment Office


US diplomat says America keeps pushing to end Qatar crisis

The U.S. continues to push for an end of the four-nation boycott of Qatar, even after the hospitalization of Kuwait's ruling emir who led talks to resolve the yearslong dispute, a U.S. diplomat said Sunday. U.S. Special Representative for Iran Brian Hook acknowledged the challenge ahead on ending the crisis that's torn apart the Gulf Cooperation Council, with Bahrain, Saudi Arabia and the United Arab Emirates part of the boycott that's targeted fellow member Qatar since June 2017. Egypt as wel...
Tags: News, US, America, Qatar, Egypt, United Arab Emirates, Kuwait, Gulf Cooperation Council, Bahrain Saudi Arabia


Coronavirus Infection Rates: 10 US States Higher Than Any Country in the World (slashdot)

The New York Times has created a surprising interactive analysis of the number of coronavirus cases (per million residents) in different countries: With its cases surging since mid-June, the United States is squarely in the top 10. Leading the outbreak now are countries in the Persian Gulf, where the virus has spread rapidly among foreign laborers. [Oman, Bahrain, and Kuwait.] Rounding out the top 10 are South Africa, Israel and several countries in Latin America. [Panama, Brazil, Colombia, Boli...
Tags: News, Sweden, US, Spain, United States, Tennessee, New York Times, Kuwait, Latin America, Persian Gulf, Oman Bahrain, EditorDavid, United States Italy, South Africa Israel, Panama Brazil Colombia Bolivia


Coronavirus Infection Rates: 10 US States Higher Than Any Country in the World

The New York Times has created a surprising interactive analysis of the number of coronavirus cases (per million residents) in different countries: With its cases surging since mid-June, the United States is squarely in the top 10. Leading the outbreak now are countries in the Persian Gulf, where the virus has spread rapidly among foreign laborers. [Oman, Bahrain, and Kuwait.] Rounding out the top 10 are South Africa, Israel and several countries in Latin America. [Panama, Brazil, Colombia, Boli...
Tags: Sweden, US, Tech, Spain, World, United States, Tennessee, New York Times, Kuwait, Latin America, Persian Gulf, Oman Bahrain, United States Italy, South Africa Israel, Panama Brazil Colombia Bolivia


China Is Harvesting the DNA of Its People. Is This the Future of Policing?

The Chinese police are systematically collecting genomic data from tens of millions of men and boys.
Tags: Europe, Tibet, News, Privacy, Australia, California, Police, China, India, Thailand, United States, Malaysia, Kenya, Kuwait, Biometrics, Minorities


China Is Harvesting DNA From Millions of People. Is This the Future of Policing?

The Chinese police are systematically collecting genomic data from tens of millions of people.
Tags: Europe, Tibet, News, Privacy, Australia, California, Police, China, India, Thailand, United States, Malaysia, Kenya, Kuwait, Biometrics, Minorities


Kuwait emir, 91, flies to US for medical care after surgery

Kuwait's 91-year-old ruling emir left Thursday morning for the United States with the help of the U.S. government to seek further medical care after recently undergoing surgery. Kuwait has yet to elaborate on what required Sheikh Sabah Al Ahmad Al Sabah to seek a previously unannounced medical treatment beginning Saturday and a surgery Sunday. The state-run KUNA news agency quoted a statement from the country's royal court saying Sheikh Sabah left “based on advice from the medical team treatin...
Tags: News, US, United States, Sabah, Kuwait, Kuna, Sabah Al Ahmad Al Sabah


US flies Kuwait emir, 91, to Minnesota after surgery at home

Kuwait's 91-year-old ruling emir landed on Thursday in the United States after being flown across the world in a U.S. Air Force C-17 flying hospital, and just days after undergoing an unspecified surgery at home. Sheikh Sabah Al Ahmad Al Sabah survived the 16-hour trip under the watch of U.S. medical professionals and Kuwaitis, with Kuwait's state-run news agency KUNA saying Kuwait's ambassador to the U.S. was at the airport for the plane's arrival. Kuwait has not released any information on w...
Tags: News, Minnesota, US, United States, Sabah, Kuwait, Kuna, Sabah Al Ahmad Al Sabah


Kuwait's emir travels to US for medical treatment

Kuwait's 91-year-old ruler Sheikh Sabah al-Ahmad Al-Sabah left for the United States Thursday to undergo medical treatment, his office said, days after he had surgery for an undisclosed illness. The emir, who has ruled the oil-rich Gulf state since 2006, had been in hospital since the weekend. Sheikh Sabah "left the country today at dawn to go to the United States to complete his medical treatment", his office said in a statement cited by state news agency KUNA.
Tags: News, US, United States, Sabah, Kuwait, Gulf, Sheikh Sabah Al Ahmad Al Sabah


Middle East News: #Kuwait Bill to Boost Borrowing Meets Resistance - Bloomberg

Middle East News: Kuwait Bill to Boost Borrowing Meets Resistance - Bloomberg:A draft law allowing Kuwait’s government to tap local and international debt markets is unlikely to be supported by lawmakers unless it makes a convincing case for how any borrowed money will be spent, according to a key member of parliament.The Finance Ministry is trying to hammer out a compromise with lawmakers to help ease the passage of the highly contentious draft bill, which would allow it to issue debt of as muc...
Tags: Travel, Kuwait, Finance Ministry, Rupert Neil Bumfrey, Resistance Bloomberg, Kuwait Bill


U.S. sues in LA to recover $104 million in embezzled Kuwaiti funds — money financed real estate and luxury purchases

LOS ANGELES  — The U.S. Justice Department has filed a series of lawsuits seeking to recover at least $104 million in funds allegedly embezzled by former officials in Kuwait’s Ministry of Defense. The seven lawsuits filed in U.S. District Court in Los Angeles claim the laundered funds were used to purchase real estate, including a hilltop property in Beverly Hills that was once listed on the real estate market for $1 billion, a private jet, a yacht, sports cars and memorabilia of boxer Manny Pac...
Tags: News, California, La, Theft, Court, Uncategorized, Los Angeles, Sport, Soccer, United States, Glendale, Beverly Hills, Manny Pacquiao, Times, Sabah, Los Angeles Times


Exclusive: #Kuwait scrambles to boost coffers with up to $16 billion debt plan - Reuters

Exclusive: Kuwait scrambles to boost coffers with up to $16 billion debt plan - Reuters:Kuwait plans to issue between 4 billion and 5 billion dinars ($13 billion to $16 billion) in public debt by the end of the fiscal year ending March 2021 if parliament approves a long-debated debt law, a government document seen by Reuters showed.Facing one of the worst economic crunches in the oil-exporting Gulf region, Kuwait is scrambling to boost state coffers badly hit by the coronavirus crisis and low cr...
Tags: Travel, Kuwait, Gulf, Reuters, Rupert Neil Bumfrey


#Kuwait Stocks Drop With Emir in Hospital, S&P Outlook: Inside EM - Bloomberg

Kuwait Stocks Drop With Emir in Hospital, S&P Outlook: Inside EM - Bloomberg:Kuwait’s main equity index led losses in the Middle East after the country’s ruler was hospitalized over the weekend and S&P Global Ratings downgraded the prospects for the economy.The Premier Market index of the biggest and most liquid shares in Kuwait fell as much as 3.2% shortly after the opening. It later trimmed the decline to 0.9% as of 10:55 a.m. local time, with National Bank of Kuwait SAKP falling the most. The...
Tags: Travel, Bloomberg, Middle East, Kuwait, Kuna, Rupert Neil Bumfrey, National Bank of Kuwait, Sheikh Nawaf al Ahmed al Sabah, Sheikh Sabah Al Ahmed Al Sabah


Kuwait's ruler, 91, undergoes a 'successful' surgery

Kuwait's 91-year-old ruler underwent a “successful” surgery Sunday that required the oil-rich nation's crown prince to be temporarily empowered to serve in his place, its state-run news agency reported. Kuwait has yet to elaborate what required Sheikh Sabah Al Ahmad Al Sabah to seek a previously unannounced medical treatment beginning Saturday. The state-run KUNA news agency had described Sheikh Sabah's hospitalization Saturday as “medical checks,” citing a statement from the country's royal c...
Tags: News, Sabah, Kuwait, Kuna, Sabah Al Ahmad Al Sabah


MIDEAST STOCKS-Major Gulf markets mixed; S&P revises #Kuwait's outlook - Reuters

MIDEAST STOCKS-Major Gulf markets mixed; S&P revises Kuwait's outlook - Reuters:Major stock markets in the Gulf were mixed in early trade on Sunday, while the Kuwaiti index underperformed the region after S&P Global Ratings revised the Gulf state’s outlook to ‘negative’ from ‘stable’.The ratings agency said it expects Kuwait’s main liquidity buffer, the General Reserve Fund (GRF), to be insufficient to cover central government deficit.Saudi Arabia’s benchmark index edged up 0.2%, helped by a 3.5...
Tags: Travel, Saudi Arabia, Kuwait, Gulf, Reuters, Saudi Aramco, Reliance Industries Ltd, Rupert Neil Bumfrey, Jabal Omar Development


#Kuwait ruler had successful surgery, state news agency says - Reuters

Kuwait ruler had successful surgery, state news agency says - Reuters:Kuwait’s 91-year-old ruler Emir Sheikh Sabah al-Ahmad al-Sabah underwent successful surgery on Sunday morning, his office said.Sheikh Sabah, who has ruled Kuwait since 2006, had been admitted to hospital on Saturday for medical checks.His office, in a statement carried by state news agency KUNA, did not specify what kind of surgery he underwent. [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Kuwait, Reuters, Kuna, Rupert Neil Bumfrey, Emir Sheikh Sabah al Ahmad al Sabah, Sheikh Sabah


#Kuwait central bank says currency strong in statement issued after emir hospitalised - Reuters

Kuwait central bank says currency strong in statement issued after emir hospitalised - Reuters:Kuwait’s central bank governor issued a statement on Saturday noting the strength and stability of the country’s currency, which is pegged to a weighted basket of the oil-exporting nation’s big trading partners.The statement sent to Reuters came after the state news agency reported that Kuwait’s 91-year-old emir had been admitted to hospital and that the crown prince would temporarily exercise some of ...
Tags: Travel, Kuwait, Reuters, Rupert Neil Bumfrey


Kuwait's ruler hospitalised, crown prince steps in

Kuwait City (AFP) - Kuwait's crown prince stepped in as partial ruler on Saturday after the hospitalisation of the 91-year-old emir, Sheikh Sabah al-Ahmad Al-Sabah, state news agency KUNA said.
Tags: News, Kuwait, Kuwait City, Kuna, Sheikh Sabah Al Ahmad Al Sabah


Kuwait's ageing emir in hospital, crown prince takes over some duties: state news agency

Kuwait's 91-year-old ruler Emir Sheikh Sabah al-Ahmad al-Sabah was admitted to hospital on Saturday for medical checks, and the country's crown prince will temporarily carry out some of his duties, the state news agency KUNA reported. It said Sheikh Sabah, who has ruled the OPEC oil producer and U.S. ally since 2006, would undergo a number of medical checkups, but it gave no further details. A royal order was issued assigning Crown Prince Sheikh Nawaf al-Ahmed al-Sabah, the emir's designated s...
Tags: News, Opec, Sabah, Kuwait, Kuna, Emir Sheikh Sabah al Ahmad al Sabah, Sheikh Nawaf al Ahmed al Sabah