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Friday , December 4 2020


KIB achieves KD 11 mln net profit for H1 – Bank continues to deliver strong performance in spite of economic challenges: Al-Jarrah

KUWAIT CITY, July 17: Kuwait International Bank (KIB) reported a net profit of KD 11 million with earnings per share (EPS) reaching 11.69 fils during …

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Kuwait bourse closes in red; volume surges – NBK slips 4 fils; Humansoft retreats

KUWAIT CITY, July 17: Kuwait stocks sagged on Monday partly reversing last session’s gains. The bourse fell 7.97 pts in choppy trade to 6,800.91 pts …

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KFH posts KD 81.6 mln net profit in H1 2017 – Earnings per share 14.37 fils, an increase of 15.1 pct

KUWAIT CITY, July 16, 2017: Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that “KFH has, by the grace of Allah, realized a …

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Kuwait index kicks-off week with modest gain – Ooredoo climbs 32 fils; NAPESCO dips

KUWAIT CITY, July 16: Kuwait stocks headed north on Sunday as it kicked off the week on a cheery note. The price index climbed 20.4 …

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US shale to ‘attack’ OPEC oil customers

By 2018, US shale oil will become one of the top ten exporters of oil in the world. Its export volume could reach more than …

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Major cenbanks finally nudge their stances; impact rates, FX – Risk factors remain in background

KUWAIT CITY, July 15: Midyear, things are proceeding more or less as expected back in January. Economic growth is holding up well in most economies. …

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Boursa Kuwait ends in green zone; volume surges – Market capitalization up by 1.83 pct to reach KD 26.72 bln

Boursa Kuwait ended last week in the green zone. The Price Index closed at 6,788.48 points, up by 1.62% from the week before closing, the …

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Kuwait snaps gaining spree, volume retreats – Ooredoo dips 22 fils; Humansoft Holding gains

KUWAIT CITY, July 13: Kuwait stocks sagged on Thursday stemming the six-day winning streak. The bourse fell 6.04 pts to 6,788.48 points in volatile trade …

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Kuwait’s money supply in May rises by 0.5 pct – Private sector deposits rise

KUWAIT CITY, July 13, (Agencies): The Central Bank of Kuwait (CBK) on Thursday said that money supply (M2) in May was KD 36.5 billion (about …

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Kuwait oil up, OPEC stable

The price of Kuwaiti oil was up by USD 1.38 to USD 45.08 per barrel Wednesday after being at USD 43.07 the day before, said …

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