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Business

Al Habtoor holds talks with Omar Al-Rawi – Austrian official, AHG chief discuss ties

DUBAI, UAE, April 30: Khalaf Ahmad Al Habtoor met with His Excellency Omar Al-Rawi, a member of the Vienna Provincial Parliament at the Al Habtoor …

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ABK reports Q1 net profit of KD 8.5 million – Operating profit rises 7.3% to KD 23.7 million

KUWAIT CITY, April 30: Highlighting its positive performance in the first quarter of 2017,  Al Ahli Bank of Kuwait today announced a net profit of …

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KNPC posts $715mn profits for 2016/17 – Sales of petroleum products total $21.7 billion over past FY

KUWAIT CITY, April 30, (KUNA): The Kuwait National Petroleum Company (KNPC) has made net profits of $715 million (KD 216 million) for the FY 2016-2017, …

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Al Habtoor welcomes Hilton delegation – Group’s properties under Hilton brand discussed

DUBAI, UAE, April 29: Khalaf Ahmad Al Habtoor welcomed a delegation from Hilton Worldwide led by the President & CEO, Christopher J. Nassetta. The meeting, …

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London-China train completes 12,000 km run

BEIJING, April 29, (AFP): Laden with whisky and baby milk, the first freight train linking China directly to the UK arrived in the eastern Chinese …

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Nothing wrong in importing finished petroleum products – Best option for oil-producing countries

Importing all kinds of finished petroleum products is a normal practice and represents the best economical option for oil-producing countries. Most of the oil-producing countries, …

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Al Habtoor holds talks with Williams – CNBT and KAH heads discuss kidney disease

DUBAI, April 27: Khalaf Ahmad Al Habtoor, Founding Chairman, Al Habtoor Group held talks with Michael Williams, Chairman, Children’s National Board of Trustees (CNBT) from …

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US durable goods posts modest gain – Weekly jobless claims rise 14,000; 4-week average falls

WASHINGTON, April 27, (RTRS): New orders for key US-made capital goods rose less than expected in March, but a second straight monthly increase in shipments …

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Japan’s cbank chief warns on likely delay on inflation target – Inflation forecast lowered to 1.4 pct for current fiscal year

TOKYO, April 27, (AFP): Japan’s central bank chief warned on Thursday it is “likely” that an inflation target already running four years late would be …

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UAE’s first solar-powered gas station opens in Dubai

A government oil company in the United Arab Emirates says it has opened the country’s first solar-powered gas station in Dubai. The Dubai-owned Emirates National …

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