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Wednesday , August 21 2019


Tijari records net profit of KD 27.5 mln for 9M – Total assets reach KD 4,047 million

KUWAIT CITY, Nov 5: Commercial Bank of Kuwait announced net profit of KD 27.5 million for the nine months period of 2016 compared with KD …

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Bumpy road to Vienna – Outlook not promising

With less than 25 days remaining for the crucial OPEC meeting in Vienna, the outlook towards a complete agreement does not seem promising. Despite the …

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Al Mazaya posts KD 6.84 mln net profit for Q3 – Company’s operating income grows to KD 42.53 mln; EPS 11.01 fils

KUWAIT CITY, Nov 5: Al Mazaya Holding (KSCP) announced its financial results for the third quarter of 2016. The company achieved a net profit of …

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Kuwait bourse indices close mixed – Market cap dips 0.7 pct to KD 24.56 bln

The KSE Indices witnessed a mix week as two indices increased this week. The KSE price index closed at 5,409.36 an increase of 0.21 percent …

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Saudis threaten to raise oil output again – Sparring with Iran returns

DUBAI/LONDON, Nov 4, (RTRS): Old disputes between Saudi Arabia and rival Iran resurfaced at a meeting of OPEC experts last week, with Riyadh threatening to …

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Global stocks slip on US poll worry; crude oil prices weak – Dollar tumbles against safe haven Swiss franc

NEW YORK, Nov 4, (Agencies): Global equity markets slipped amid investor concerns about the outcome of the US presidential election on Nov 8, while oil …

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Burgan Bank Group posts KD 48.6m 9M net profit – Net income during third quarter clocks KD 17.2 million

KUWAIT CITY, Nov 3: Burgan Bank Group announced today its earnings for the 9 months and third quarter for the financial year 2016. Burgan Bank …

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Kuwait bourse ‘little’ changed; volume dips – Ooredoo dives 40 fils; Humansoft Holding jumps

KUWAIT CITY, Nov 3 : Kuwait stocks were little changed on Thursday as the bourse wound up the week on a tame note. The price …

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Kuwait Petroleum Corp to sell ’17 gasoil and jet fuel at lower prices

SINGAPORE, Nov 3, (RTRS): Kuwait Petroleum Corp (KPC) has agreed to sell gasoil and jet fuel under long-term contracts for 2017 at nearly half the …

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Khater appointed to jury panel at MENA Effie Awards for 2016 – Only Kuwait-based appointment

KUWAIT CITY, Nov 2: Al Babtain Group, the authorized dealer for some of the world’s leading brands, international corporations and distributes a wide variety of …

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