Monday , February 27 2017

Business

Market continues bearish trend; volume dips

Kuwait Stock Exchange (KSE) ended last week in the red zone. The Price Index closed at 6,809.78 points, down by 0.22% from the week before closing, the Weighted Index decreased by 0.38% after closing at 427.14 points, whereas the KSX-15 Index closed at 971.66 points down by 0.33%. Furthermore, last …

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‘Enter company, buy and leave with your vehicle’ – ‘Toyota’ introduces instant plate distribution

KUWAIT CITY, Feb 22: Al-Sayer Group, Kuwait’s exclusive Toyota dealership in collaboration with the Ministry of Interior, inaugurated Wednesday morning, their new instant licence plate distribution centre located at the Al-Rai Toyota Dealership, making the process and time required to receive your brand-new car, even shorter. During his speech, Brigadier …

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Ooredoo 2016 net profit soars 75% to KD 46.7mn – Group’s total customer base increases by 6% to 25 million; dividend of 85 fils recommended

KUWAIT CITY, Feb 20: National Mobile Telecommunications Company K.S.C.P — Ticker: NMTC (Ooredoo), a member of Ooredoo Group, announced today its financial results for the year 2016: Financial Highlights: * Total customer base increased by 6% to 25.2 million in 2016, compared to 23.8 million in 2015. * Revenues for …

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