Sunday , December 17 2017

Business

NBK Capital platinum sponsor for CFA Charter Award Ceremony in Kuwait

NBK Capital sponsored the eighth annual CFA Charter Award Ceremony, class of 2016. Board members from the CFA Society — Kuwait, representatives from NBK Capital and a number of professional analysts in the community were present at Salwa Al-Sabah Hall to congratulate the recent CFA graduates. The CFA Society in …

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Stability and diversity are hallmarks of Maltese economy: Brockdorff – Malta offers investors secure and transparent environment to build or expand businesses

Stability and diversity are the hallmarks of the Maltese economy, shared Clive Brockdorff, Manager for Investment Promotion at Malta Enterprise, the national development agency tasked with promoting and facilitating international investment by offering investors business opportunities and tailored services. From being an ancient trading hub, Malta, in recent history,  served …

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Doha meeting crucial for mkt – Deal key for stability

The upcoming meeting among the top oil producers to be held in Doha, Qatar on April 17, 2016 will have a crucial impact on the future oil prices. Any disagreements concerning limiting or freezing oil production level will lead to collapse of oil prices. The organizer must bear in mind that …

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Ali Alghanim set to ‘showcase’ certified pre-owned Rolls-Royce

KUWAIT CITY, April 8: Ali Alghanim & Sons Automotive, the sole authorized dealer of Rolls-Royce Motor Cars and the official importer of BMW and MINI in Kuwait, is hosting the first ever showcase for the ultra-luxury marque’s official pre-owned certified Programme from April 10–14, at its showroom in Shuwaikh. A …

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KSE indices log marginal gains – Market capitalisation edges 0.3 percent up to KD 24.79 billion

KUWAIT CITY, April 8: This has been a positive week for the indices. As KSE price index closed up a mere 0.03%, 5,230.44 up 1.69 points compared to the week before. MUDX was again the top performer with 0.49% gains while the market blue-chip index the KSX15 was up by …

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No more ‘free’ Saudi money for Egypt: Saudi businessman – Corruption in Egypt wheat sector widespread — Interior Ministry official

CAIRO, April 8, (RTRS): Saudi Arabia’s financial support for strategic ally Egypt will no longer involve “free money” and will increasingly take the form of loans that provide returns to help it grapple with low oil prices, a Saudi businessman familiar with the matter said. “This is a change in …

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France, Germany halt Airbus export credit – Move follows UK corruption probe

PARIS/BERLIN, April 8, (RTRS): France and Germany have joined Britain in suspending export credit facilities for Airbus jet deliveries, expanding the fallout from a potential corruption probe in the UK, several people familiar with the matter said on Friday. The move follows Britain’s decision last week to suspend financing and …

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NBK’s capital hike positive: Moody’s – Move to boost bank’s capital adequacy

KUWAIT CITY, April 7: Moody’s Investors Service said that National Bank of Kuwait’s (NBK) board of directors decision to increase the bank’s capital by 6.5%, would be positive as it enhances the bank’s capital adequacy ratios ahead of a full implementation of the Central Bank of Kuwait’s (CBK) Basel III …

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Gulf’s bond mkt thaws as panic over oil fades – Investors much more price-sensitive

DUBAI, April 7, (RTRS): Two issues in the Gulf’s international bond market this week show a panic over low oil prices has faded and foreign investors are once again willing to buy into the region’s debt — but they remain extremely sensitive to pricing. The market froze up in the …

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