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Tuesday , November 13 2018

Business

AUB wins prestigious award from CFI

  KUWAIT CITY, Sept 29: Ahli United Bank (AUB) announced that it has won the ‘Best Governance Bank in Kuwait 2018’ award from Capital Finance International Magazine. The award, which was granted by Capital Finance International, a leading business and financial services publication, reaffirms the appreciation of international institutions for …

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Pakistan’s finance minister invites Kuwait to invest in mega projects

Al-Roudhan, Pakistani president call for bolstering ties during meeting ISLAMABAD, Sept 27, (KUNA): Pakistan’s Finance Minister Asad Umar on Thursday invited the State of Kuwait to invest in the mega projects of Pakistan including the China Pakistan Economic Corridor (CPEC) project. After a one on one meeting with the visiting …

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NBK partners with Tap Payments for ‘seamless payment solutions’

Easy and efficient KUWAIT CITY, Sept 27: Continuously partnering with leading service providers to offer their customers value-added services and products that suit their needs, the National Bank of Kuwait most recently partnered with the Middle East-based online business enabler, Tap Payments, to provide merchants and small and medium enterprises …

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Kuwait bourse edges up in volatile session

Humansoft Holding shines, Mabanee slips KUWAIT CITY, Sept 27: Kuwait stocks edged higher on Thursday to wind up the week on a positive note. The All Shares Index rose 8.14 points in volatile session to 5138.52 points paced by Humansoft Holding and some of the heavyweights even as the overall …

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CBK keeps rates on hold after Fed hike

Saudi, UAE, Bahrain and Qatar raise rates 25 bps, following Fed KUWAIT CITY, Sept 27, (Agencies): The Central Bank of Kuwait decided Wednesday to keep the discount rate unchanged at three percent and continue the current monetary policy. The decision is meant to enhance the competitive edge of the national …

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Kuwait & four other Gulf states to enter key JP Morgan bond indexes

Investor sees $30 bln inflow resulting from inclusion DUBAI, Sept 26, (RTRS): Saudi Arabia and four other Gulf states will enter JP Morgan’s emerging market government bond indexes next year, a move likely to lure billions of dollars of new foreign investment into their debt, according to a JP Morgan …

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Kuwait slips into red turf; volume shrinks

Humansoft Holding skids 86 fils, NBK ticks up KUWAIT CITY, Sept 26: Kuwait stocks slipped into red on Wednesday following last session’s rebound. The All Shares Index fell 6.12 points in a tame session to 5130.38 pts weighed by Humansoft Holding and some of the mid-caps even as the heavyweights …

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Zain launches zBot, the new face of smart customer service

First telecom company to offer interactive agent solution in Kuwait KUWAIT CITY, Sept 26: Zain, the leading telecommunications company in Kuwait, announced the launch of zBot, an all-new interactive digital channel for smart customer service, making it the first telecom company to launch this innovative solution in Kuwait. The new …

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Assima partners with Alghanim Industries & Sky Zone

Project sees 56% rise in leasing spaces KUWAIT CITY, Sept 26: Salhia Real Estate Company K.S.C has announced that its subsidiary, Assima Real Estate Company, has signed new partnership contracts for Assima project across several categories, including the leading entertainment brand ‘Sky Zone’ by Tamdeen Entertainment, and multibrands owner Alghanim …

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Kuwait unveils plan to attract direct investment, Finance Minister calls for reforms at Euromoney

Private sector plays a major role in development plan: Chamber of Commerce KUWAIT CITY, Sept 25, (KUNA): The Kuwaiti government has devised a strategy to lure direct investment as part of efforts to buoy a national development plan, said an official on Tuesday. Kuwait’s Direct Investment Promotion Authority (KDIPA) has …

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