Thursday , October 18 2018


Oil meeting in Qatar ends without freeze – Saudi-Iran tensions scupper deal to freeze crude output

DOHA, Qatar, April 17, (Agencies): Oil-rich nations at a Qatar summit failed to reach an agreement Sunday on a production freeze, saying officials needed “more time” to make the decision as Iran stayed home and vowed to keep pumping. The hourslong meeting in Doha, the Qatari capital, resembled a failed …

Read More »

KSE index up 15.96 points to close at 5,316.47 pts – Al Dar Real Estate trades top volume

KUWAIT CITY, April 17: Kuwait stocks bounded 0.3% or 15.96 points higher to 5,316.47 points, starting the week off in the green but down 5.32% on a year to date basis. The weighted index shifted 1.15 points higher to 366.22 points. The KSE benchmark rose by 3.24 points over last …

Read More »

KSE indices log positive week – Market capitalisation ticks up by 1.18 pct to KD 6.46 bln

KUWAIT CITY, April 15: This has been another positive week for the indices. As KSE price index closed up 1.34%, 5300.51 up 70.07 points compared to the week before the top performer of indices this week. MUDX was with 1% gains up 5.24 points to close at 526.91 for the …

Read More »

No guarantee of oil deal at Doha talks

KUWAIT CITY, April 15, (Agencies): Major oil producers meet this weekend to try to negotiate a production freeze to boost prices, but doubts remain about the likelihood of a deal with Iran refusing to sign up. Tehran said its oil minister would skip the talks in Doha on Sunday between …

Read More »

Global finance officials seeking ways to boost growth – IMF urges countries to launch new round of public works projects

WASHINGTON, April 15, (AP): Facing a shaky world economy and political attacks on free trade, global finance leaders meeting in Washington are searching for ways to increase cooperation to battle a variety of economic threats. The International Monetary Fund is urging countries to launch a new round of public works …

Read More »

Kuwait oil price down

Price of Kuwaiti oil barrel went down Thursday 46 cents reaching USD 36.75 per barrel compared to USD 37.21pb on Wednesday, said Kuwait Petroleum Corporation (KPC) on Friday. Crude future contracts have declined in global markets yesterday, from four-months high amid volatile trade, due to increased uncertainty over forecast outcome …

Read More »

KAMCO holds AGM, Shafafiyah for 2015 – General Assembly agrees to 5% cash dividend payout to shareholders

KUWAIT CITY, April 14: KAMCO Investment Company K.S.C (Public) held its annual general meeting (AGM) and its annual Shafafiyah Investor’s Forum at the Chairman’s Club in KIPCO Tower on April 14, 2016. General Assembly During the general assembly meeting, KAMCO’s board members presented the company’s financial earnings report for the …

Read More »

How Saudi plans to shake up its economy – Privatisations to include tourism, infrastructure, education; some see plan as risky

RIYADH/DUBAI, April 14, (RTRS): In late February, several hundred Saudi officials, company executives and foreign consultants gathered in a luxury Riyadh hotel to discuss how Saudi Arabia’s economy could survive an era of cheap oil. One company manager at the event told Reuters that officials from about 30 Saudi government …

Read More »

Kuwait bourse closes week with ‘downtick’ – Ooredoo climbs 40 fils; KIPCO flat

KUWAIT CITY, April 14: Kuwait stocks sagged on Thursday to end the week on a dull note. The price index gave up early gains to close 5.68 pts lower at 5,300.51 points as profit taking kicked in at select counters. The board was mixed in absence of fresh catalysts. The …

Read More »

Kuwait richest among frontier economies

Over the past few years, investors, policy-makers and researchers have increasingly stressed the importance of considering frontier markets and frontier economies as part of the investment opportunity set as well as a source of diversified growth. In standard macroeconomics and development economics1, the theories of economic growth and growth convergence …

Read More »
Translate »
Social media & sharing icons powered by UltimatelySocial