Saturday , February 23 2019

Business

Solar tech will become competitive in Kuwait

Renewable energies see remarkable growth in most developed countries Al-Sayegh KUWAIT CITY, Feb 17: Renewable energies have recently seen remarkable growth in most developed countries …

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Minister sees private sector crucial to national development

Despite Cabinet reshuffles progress unaffected: Al-Hajraf Minister of Finance Dr Nayef Al Hajraf speaking at the conference KUWAIT CITY, Feb 17, (KUNA): The Kuwait government …

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MoFA owns real estate worth KD 630 mln inside and outside Kuwait, says minister

KUWAIT CITY, Feb 17: Deputy Prime Minister and Minister of Foreign Affairs Sheikh Sabah Al-Khalid Al-Hamad Al-Sabah, in response to a parliamentary question submitted by …

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Kuwait bourse privatisation crucial to attracting investments

KUWAIT, Feb 16, (KUNA): Kuwait stock exchange’s recently-agreed partial privatisation is an important step towards attracting and boosting investments in the local financial market, a …

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Kuwait emerges as second largest M&A target market in GCC

Number of transactions grew by 163% between 2014 and 2018 Abdulrazzaq Razooqi KUWAIT CITY, Feb 16: The Investment Banking Department at Kuwait Financial Centre “Markaz” …

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‘KAC’ to launch flights to new destinations in June – Guangzhou to be first

LONDON, Feb 16, (KUNA): Kuwait Airways Company (KAC) Chairman Yousuf Al-Jassim said on Friday the company is in the process of operating summer flights to …

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Bourse tender win for NIC-led group

KUWAIT CITY, Feb 14, (RTRS): A consortium led by Kuwait’s National Investment Co has won the tender to acquire 44 percent of the Kuwait stock …

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Companies which fail to comply will be subjected to legal accountability

‘Pay annual subscription by Thursday’ KUWAIT CITY, Feb 13: Non-compliance by the listed companies to pay the annual subscription by Thursday, will subject the companies …

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‘Subscription in 50% of stock exchange capital to be offered’

KUWAIT CITY, Feb 13: Sources in the Capital Markets Authority told the Al-Jarida daily that the citizens will be offered subscription in the remaining 50% …

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Zain 2018 net profit soars 23% to KD 197mn

Consolidated revenues up 28% to KD 1.3bn, EBITDA up 25%; Board proposes cash dividend of 30 fils per share Ahmed Al Tahous, Chairman of Zain …

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