Friday , February 22 2019

Business

Bayan Investment – KSE ends week in green zone; stocks up by 1.29 pct

Kuwait Stock Exchange (KSE) ended last week in the green zone. The Price Index closed at 5,460.73 points, up by 1.29% from the week before …

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ABK posts operating profit of KD 44.2 mln in H1

KUWAIT CITY, July 28: Keeping pace with Q1 2016, Al Ahli Bank of Kuwait (ABK) announced an operating profit of KD 44.2 million in the …

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KIPCO first half profit rises 10 pct to KD 28 million

KUWAIT CITY, July 27: KIPCO — the Kuwait Projects Company — has announced a net profit of KD 28 million ($93 million) in the first …

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Burgan Bank honored with four awards

KUWAIT CITY, July 26: Burgan Bank announced today that it has won four awards from The Asian Banking & Finance Magazine, one of the world’s …

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KFH shareholders net profit KD 70.9 mln in H1

KUWAIT CITY, July 26: Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, realized a net …

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Ooredoo Kuwait posts KD 350.8 mln revenue in H1, 2016

KUWAIT CITY, July 25: National Mobile Telecommunications Company K.S.C.P – Ticker: NMTC (Ooredoo), a member of Ooredoo Group, announced today its financial results for the …

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Gulf Bank posts 11 pct increase in net profit in H1, 2016

KUWAIT CITY, July 24: Gulf Bank today announced a net profit of KD 20.7 million for the first half of 2016, an increase of 11 …

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VIVA announces revenue of KD 140 – Kuwait’s telecom achieves 4 pct growth in H1, 2016

KUWAIT CITY, July 23: VIVA, Kuwait’s fastestgrowing and most developed telecom operator, announced the financial results for the six-month period ended 30th June 2016, whereby …

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Partial privatization of Kuwaiti oil sector

According to local media, the acting oil minister has declared the intention of Kuwait Petroleum Corporation (KPC) to privatize four of its ten ‘K’ companies, …

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Kuwait’s crude oil exports to China up 45.1 pct

Kuwait’s crude oil exports to China in June jumped 45.1 percent from a year earlier to 1.36 million tons, equivalent to around 327,000 barrels per …

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