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Wednesday , March 27 2019

Business

Boubyan Bank gets nod for up to $250m sukuk issuance – First sukuk from Kuwait since 2007: CEO

KUWAIT CITY, April 28: Boubyan Bank announced that it has completed all the regulatory approvals to issue and market sukuk to strengthen its capital base …

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KSE winds up week with 37.39 pts drop – Americana tumbles 80 fils; NBK gains

KUWAIT CITY, April 28: Kuwait stocks headed south on Thursday to end the week on a sour note. The price index, after trading flat in …

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Jazeera Airways Q1 profit up 33 pct

KUWAIT CITY, April 27: Jazeera Airways today announced its financial results for the first quarter of 2016. The company registered a net profit of KD4.0 …

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UAE property prices may drop further in 2016: S&P

PARIS, April 27: Real estate prices in the United Arab Emirates (UAE) are likely to continue declining in 2016, says Standard & Poor’s Ratings Services …

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Markaz renews its partnership with Loyac to nurture Kuwaiti talents – Strategy to build human capacity

KUWAIT CITY, April 26: As part of its strategy to build human capacity in order to enable and maintain a sustainable future, Kuwait Financial Centre …

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Ooredoo posts KD 175 mln revenue for Q1 – Company’s net profit more than triples; customer number rises by 3%

KUWAIT CITY, April 26: National Mobile Telecommunications Company KSCP — Ticker: NMTC (Ooredoo) today announced its financial results for the first quarter of 2016: Financial …

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Govt awards KD 1.5bn worth of contracts in Q1 – Market continues to expand against a backdrop of low oil prices

KUWAIT CITY, April 26: Kuwait’s projects market continues to expand against a backdrop of low oil prices and its impact on government finances. Kuwait awarded …

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KSE swings 44.57 pts higher; volume drops – Americana jumps 40 fils; NBK flat

KUWAIT CITY, April 26: Kuwait stocks rebounded on Tuesday after slipping into red in the previous session. The price index climbed 44.57 points to 5,403.29 …

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Boursa Kuwait officially takes over KSE ops – Start of a new era for Kuwait’s financial market

KUWAIT CITY, April 25: Boursa Kuwait announced that it has officially assumed responsibility for the management of the Kuwait Stock Exchange (KSE)’s operations. The hand-over …

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CBK records net profit of KD 7.8 mln for Q1 – Total assets reach KD 4,147 million at end of March 2016

KUWAIT CITY, April 25: Commercial Bank of Kuwait announced net profit of KD 7.8 million for the first quarter of 2016 up by 22.8 percent …

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