Business

ASSE Kuwait honors ASSE GCC HSE Excellence Award winners – Award program 2016 was launched on Jan 25, 2016

KUWAIT CITY, May 11: American Society of Safety Engineers (ASSE), Kuwait Chapter is a premier voluntary, non-profit, Health, Safety and Environmental professional organization, which strives to provide professional guidance, training, consultancy and resources to the HSE Professionals, industrial and social sectors in the region. To recognize and honour the private …

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KIPCO named ‘Best Corporate Governance Kuwait’ by CFI.co – Award reinforces Group’s reputation of having sound practices: Vice Chairman

KUWAIT CITY, May 11: KIPCO – the Kuwait Projects Company – has been named the winner of the ‘Best Corporate Governance Kuwait 2016 Award’ by the UK-based business and finance publication, Capital Finance International (CFI.co). The judging panel’s selection of KIPCO reflects the holding company’s achievement of strict adherence to …

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KFH wins ‘Best Training Plan Award’ from MGRP – Bank employee receives ‘Distinguished Performance Award’

KUWAIT CITY, May 11: Kuwait Finance House (KFH) wins the Distinguished Training Award presented by Manpower Government Restructuring Program for the best training plan executed in cooperation with MGRP for the year 2015  2016. MGRP has also given its individual best performance award in the field of training programs coordination …

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KSE bounces 24.28 pts amid ‘renewed’ buying – Ooredoo soars 80 fils; NBK flat

  KUWAIT CITY,  May  11: Kuwait stocks  swung higher on   Wednesday stemming the four-day  fall buoyed by an uptick in oil prices. The  bourse  climbed  24.28 points    to  5376.28 points   amid  renewed buying in select counters. The   KSX 15   benchmark   rose 1.79 points to  850.27 pts  paring  the  month’s decline  …

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Mazda Kuwait sales up 20% in Q1 2016 – All-new MX5 arrives in Kuwait showrooms

KUWAIT CITY, May 10: Kuwait Automotive Imports Co WLL (KAICO)- Al Shaya and Al Sagar, the exclusive distributor for Mazda vehicles in the Kuwait since 1969, announced its great sales achievements with nearly 20% increase in new car sales during the first 3 months of 2016 compared to last year. …

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Global acquires two properties in Britain – Total value of UK assets reaches GBP 200 mln

KUWAIT CITY, May 10: Global Investment House (Global) successfully completed the acquisition of the headquarters of the National Health Services (NHS) of Scotland in Gyle Business Park in Edinburgh and of the UK and European Headquarters of 3M in Bracknell. The acquisitions mark the continuation of successfully completed off-market transactions …

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QPIC net profit rises 34% to KD 24.7 mln – BoD recommends distribution of 10% cash dividend

KUWAIT CITY, May 10: QPIC – Qurain Petrochemical Industries Company – has announced a net profit of KD 24.7 million (US$ 81.8 million) for the year ended 31 March 2016. This represents an increase of 34% or KD 6.3 million (US$ 20.8 million) over the recurring KD 18.4 million (US$60.9 …

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Kuwait index extends decline in tepid trade – United Projects Group dips 50 fils; Agility gains

KUWAIT CITY, May 10: Kuwait stocks swung lower on Tuesday extending the losses to fourth straight session. The key index dropped 12.43 points in sluggish trade to 5,351.8 points weighed by weakening oil prices and lack of catalysts. The KSX 15 benchmark dropped 4.08 points to 848.48 pts taking the month’s …

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Galaxy S7 – the coolest smartphone with its own air-conditioning system – Feature allows uninterrupted usage

KUWAIT CITY, May 9: Virtual reality engine, pocket DSLR, supercomputer, smart-key, gaming console and media powerhouse-the all-new Galaxy S7 wears many tags with ease. The advanced capabilities and specifications of the smartphone also brings with it unique challenges in order to deliver the ultimate user experience. Smartphones getting overheated with …

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Qatar Airways brings Airbus A380 service to Guangzhou – Daily super-jumbo aircraft to commence on July 1

GUANGZHOU, China, May 9: Qatar Airways has announced that it will upgauge its Doha-Guangzhou service with the introduction of its flagship Airbus A380 on the route. Guangzhou will be Qatar Airways fourth A380 destination, after London, Paris and Bangkok. Daily flights on board the world’s largest commercial aircraft will begin …

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