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Tuesday , December 11 2018

Business

Saudi crown prince sees a deal with Kuwait to restart oil fields

Did our best to make up for Iran supplies: Prince Mohammed DUBAI, Oct 6, (RTRS): Saudi Crown Prince Mohammed bin Salman said the kingdom has met its promise to Washington to make up for Iranian crude oil supplies lost through US sanctions. “The request that America made to Saudi Arabia …

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Zain to participate at GITEX Technology Week during Oct 14-18

‘Company committed to expand in smart life and digital transformation applications in Kuwait to achieve goals of ‘New Kuwait 2035’ KUWAIT CITY, Oct 6: Zain, the leading integrated telecommunications company in Kuwait, announced its participation – for the first time – at the 38th edition of The Gulf Information Technology …

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Cooperation between UN-MEW concerning power and water sustainability: Al-Tayyar

KUWAIT CITY, Oct 6: Director of Energy Efficiency and Rationalization Department at Ministry of Electricity and Water Eng Iqbal Al-Tayyar revealed about the ongoing cooperation between the ministry and the United Nations in terms of sustainable development, reports Aljarida daily. She indicated that the ministry recently submitted details of its …

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GDP growth of 1.6% seen for Kuwait

NON-OIL ACTIVITY BOOSTS LOCAL OUTPUT: WORLD BANK KUWAIT CITY, Oct 4, (KUNA): The “positive momentum” achieved by the non-oil sector in Kuwait has led to a 1.6 percent increase in Gross Domestic Product, the first positive rating seen in over a year, the World Bank said on Wednesday. The modest …

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Kuwait fund & Huawei sign deal to encourage industry

Protect values of culture: Al-Jabri KUWAIT CITY, Oct 3, (KUNA): Kuwait National Fund for Small and Medium Enterprise Development (SMEs) signed Wednesday a memorandum of understanding (MoU) with Huawei, which aims to encourage and develop small and medium enterprises. National SMEs fund said in a press release that the MoU …

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Kuwait bourse edges up in choppy session

Agility gains 5 fils; NBK flat KUWAIT CITY, Oct 3: Kuwait stocks pulled slightly higher on Wednesday, stemming the three-day retreat. The All Shares Index rose 5.22 pts in choppy session to 5,121.23 points paced by Humansoft Holding and some of the heavyweights even as the overall mood remained sluggish. …

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Boursa Kuwait granted full WFE membership

Move in line with its commitment towards integration into global markets KUWAIT CITY, Oct 3: Boursa Kuwait announced that the exchange has received a unanimous vote for admission as a full member of the World Federation of Exchanges (WFE), the global trade association for the operators of regulated securities exchanges.The …

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Al Mazaya launches marketing campaign for Q-Line development

Projects in Liwan, Dubailand offer mid-income segments at 4-year interest-free payments KUWAIT CITY, Oct 2: Al Mazaya has launched its marketing and promotional campaign for the Q-Line development, the company’s residential project in Liwan, Dubailand, which falls within its series of mid-range and affordable housing developments. The project is part …

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Boursa Kuwait, CFA Institute to ‘launch’ Boursa Academy

KUWAIT CITY, Oct 2: Boursa Kuwait entered into a Memorandum of Understanding (MoU) with CFA Institute aiming to educate the public on the fundamentals of investing in the stock market. The content will be derived from the CFA Institute Investment Foundations programme and will be accessible via Boursa Academy online, …

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Kuwaiti market edges down in choppy trade

KAMCO slips 6 fils, NBK flat KUWAIT CITY, Oct 1: Kuwait stocks edged lower on Monday, extending last session’s slight losses. The All Shares Index fell 6.42 points in a lightly volatile session to 5121.62 pts even as the broader sentiment remained sluggish. The Premier Market dropped 14.43 points to …

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