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Thursday , March 21 2019

Business

Kuwait stocks climb 11.79 pts; volume up – NBK gains 10 fils; Americana dips

KUWAIT CITY, June 12: Kuwait stocks headed north on Sunday after posting modest gains in the previous week. The price index climbed 11.79 points in …

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Kuwait’s real estate sales in May top KD 226 million

KUWAIT CITY, June 12, (KUNA): Real estate sales lagged noticeably for the 4th consecutive month as they reached KD 226 million in May compared to …

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Fitch reaffirms GIC’s ‘A-’ ratings and stable outlook – Move comes despite difficult circumstances region is going through.

KUWAIT CITY, June 12: The Gulf Investment Corporation (GIC) announced today that Fitch Credit Rating Agency affirmed its Long Term IDR ratings at A-, Short …

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Zain launches Huawei Touchscreen Hotspot – First time in Kuwait

KUWAIT CITY, June 11: Zain, the leading telecommunications company in Kuwait, announced the launch of the new LTE-A compatible Huawei Touchscreen Hotspot device for the …

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Will crude oil price ‘reach’ $60/barrel before year-end? – Import on the rise as demand increases

The surprising news is that oil prices have doubled since the start of this year. It is currently hovering around $55 level and is anticipated …

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Oil prices ‘retreat’ from 2016 highs during week – Global growth concerns return to the fore

LONDON, June 11, (AFP): A combination of tighter supplies and a downbeat dollar sent oil prices surging to fresh 2016 high points this week, before …

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Kuwait bourse ends mixed; volume plunges – Market cap down by 0.16% to reach KD 23.13 bln

Kuwait Stock Exchange (KSE) ended last week with mixed performance. The Price Index closed at 5,410.60 points, up by 0.62% from the week before closing, …

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Ministry of State for Youth Affairs honors KFH

Ministry of State for Youth Affairs honored Kuwait Finance House (KFH) for its participation in the “Youth Week” that had been organized by the Ministry …

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Kuwait stock market witnesses mixed week – Market capitalization ticks 0.1 pct down to KD 24.49 billion

The KSE Indices witnessed a mixed week as the KSE price index closed with 5,410.60 an increase of 0.62% up 33.55 points compared to the …

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Russian central bank slashes rates, says economic recovery ‘imminent’ – Further cuts possible if inflation keeps falling

MOSCOW, June 10, (RTRS): Russia’s central bank cut its main lending rate on Friday for the first time in almost a year, signalling confidence that …

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