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Business

Kuwait is expected to hit 3.8% GDP growth

KUWAIT CITY, Feb 11: According to a report by the MEED magazine, Kuwait is expected to achieve a growth of 3.8 percent in the gross …

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Commercial Real Estate Company upgraded to the ‘Premier Market’

‘Result years of efforts and hard work’ KUWAIT CITY, Feb 11: The Commercial Real Estate Company (“Al-Tijaria”) has succeeded in obtaining the qualification from the …

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Oil price at $140 per barrel!

THE latest forecast for the crude oil price level during the coming months is $140. The main reason behind this price level is the strong …

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Shaikha Al-Bahar “Women in Kuwait have long been acknowledged as pioneers, but there is much progress to be made”

Forbes Middle East unveils annual list of Most Powerful Businesswomen for 2023 KUWAIT CITY, Feb 11: Forbes Middle East has unveiled its annual list of …

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Burgan Bank posts net income of KD 52.1 million for FY 2022

Net income growth of 15% YoY KUWAIT CITY, Feb 8: Burgan Bank announced its financial results for the fiscal year ending December 31, 2022, reporting …

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stc reports KD 33.2 mln net profit for 2022

BoD recommends 30 fils cash dividends stc’s Chief Executive Officer, Eng. Maziad Bin Nasser Alharbi and stc’s Chairman, Dr. Mahmoud Ahmad Abdulrahman KUWAIT CITY, Feb …

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KFAED reconsiders policy of granting loans

KUWAIT CITY, Feb 8: The Kuwait Fund for Arab Economic Development has reconsidered the policy of granting loans, if a new policy for grants and …

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NBK donates KD1 mln to KRCS quake relief efforts

KUWAIT CITY, Feb 7: Reflecting its consistent support of civil society’s endeavors to provide relief and humanitarian aid to the fraternal peoples, National Bank of …

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‘Localize activities within site 11’

KUWAIT CITY, Feb 7: The Ahmadi Governorate Committee in the Municipal Council recommended, during a recent meeting, chaired by member Saud Al-Kandari, to approve the …

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AUB posts net profits of KD 36.4 mln up by 16.7% and higher EPS by 19% in 2022

KUWAIT CITY, Feb 6: Ahli United Bank K.S.C.P. (AUBK) announced its results for the financial year ended on 31 December 2022; the Bank has recorded …

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