------------- -------------- ------------------- -------------------

Business

X-cite by Alghanim Electronics receives three customer service awards – Retailer recognized with Best Social Media, Best Online Store and Best Call Center awards

KUWAIT CITY, Feb 7: X-cite by Alghanim Electronics, Kuwait’s largest electronic retailer, was recognized by the Kuwaiti Public Relations Association as having the Best Social …

Read More »

‘Kuwait’s oil output capacity to hit 3.225 mbpd’ – Al-Zour refinery project to be completed in 2019: Al-Rasheedi

KUWAIT CITY, Feb 6, (KUNA): Kuwait’s oil production capacity will reach 3.255 million bpd by the end of next March, Kuwait’s Oil Minister and Minister …

Read More »

Residential sector sales stable – Activity up in 2017, but sectoral growth uneven

Activity in the residential sector was strong while the investment and commercial sectors fell behind. Overall activity improved as the number of transactions rose 6.5% …

Read More »

ABK operating profit up 9.4% to KD 97.8mn in its 50th year of operations in the region – Bank reports KD 35.7 million net profit for 2017, up 10 percent; EPS 22 fils

KUWAIT CITY, Feb 6: Building on its strong business performance from last year, Al Ahli Bank of Kuwait (ABK) today announced its financial results for …

Read More »

Zain receives three public relations and customer service awards – Company honored at Kuwait’s Public Relations and Customer Service Prize for 2017

KUWAIT CITY, Feb 5: Zain, the leading telecommunications company in Kuwait, was awarded with three awards in the fields of public relations and customer service …

Read More »

EQUATE posts $1.13b net profit, up 66% y/y – EBITDA up 47% to $1.73bn in 2017

KUWAIT CITY, Feb 5: EQUATE Group, a global petrochemical producer, reported its 2017 financial results. The Group reported an EBITDA of $1.73 billion, up 47 …

Read More »

Global successfully complete sale of property in the UK – Company achieves total return of 23.6% internal rate of return of 10.55%

KUWAIT CITY, Feb 4: Global Investment House (Global), a regional Asset Management and Investment Banking firm headquartered in Kuwait with offices in major capital markets …

Read More »

KFH Capital says arranges $1 bln sukuk issue for DIB – Issuance growth projected in Q1: Al-Haddad

KUWAIT CITY, Feb 4: Chief Investment Banking Officer of KFH Capital, investment arm of KFH Group (KFH), Abdullah Al-Haddad said that KFH Capital has succeeded …

Read More »

Kuwait rating affirmed … Outlook stable

KUWAIT CITY, Feb 3, (KUNA): Standard & Poor’s (S&P) has affirmed its credit rating AA/A-1+ for the State of Kuwait with stable outlook. The world …

Read More »

Shale production is booming as oil prices rise – Will it lead to less conventional investments?

As long as the oil price is increasing to a level higher than $60 per barrel, shale oil producers will push for higher volume in …

Read More »
Translate »