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Business

NBK most valuable banking brand in Kuwait – Brand value reaches $1.59bn, up 15% y/y

KUWAIT CITY, Feb 12: National Bank of Kuwait (NBK) was recognized for the 3rd time in a row as the most valuable banking brand in …

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Kuwait index rebounds 54.55 pts; volume drops – Mabanee Co gains 20 fils; Agility dives

KUWAIT CITY, Feb 12: Kuwait stocks headed north on Sunday as it kicked off the week on a firm note. The bourse swung 54.55 pts …

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Six Gulf nations aiming for simultaneous adoption of VAT in January: UAE official – Govt expects around $3.3 billion revenues in first year

DUBAI, Feb 12, (RTRS): Policy makers in the six-nation Gulf Cooperation Council are aiming to introduce a 5 percent value-added tax at the start of …

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Gulf Bank integrates professional excellence – Move in collaboration with the CISI

KUWAIT CITY, Feb 11: Gulf Bank is spearheading the banking professional excellence by collaborating closely with the Chartered Institute for Securities and Investment (CISI), following …

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New Kuwait 2035 Vision – Financial & economic hub eyed

Suddenly, out of the blue, our government decided to release a new vision for transforming Kuwait into a financial and economic hub with the aim …

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Market posts losses for 2nd week in a row

Kuwait Stock Exchange (KSE) ended last week in the red zone. The Price Index closed at 6,582.75 points, down by 3.81% from the week before …

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Jazeera Airways reports KD 52.8 mln in revenues – Board recommends 35% cash dividend, totaling KD 7mn

KUWAIT CITY, Feb 9: Jazeera Airways today announced its full-year financial results for 2016. The company recorded KD 52.8 million in revenues for the year, …

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CFA Society Kuwait awards 23 new charterholders – Association holds its 9th Annual Charter Award Ceremony

KUWAIT CITY, Feb 9: Last night CFA Society Kuwait, CFA Institute’s local association of investment professionals consisting of portfolio managers, financial analysts and investment advisors, …

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Kuwait bourse closes week with downswing – Agility dives 50 fils; Americana gains

KUWAIT CITY, Feb 9: Kuwait stocks headed south on Thursday to wind up the week on a sour note. The price index slid 72.78 pts …

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ABK records KD 32.5 mln net profit for 2016 – Board recommends cash dividend of 11 fils per share

KUWAIT CITY, Feb 8: Al Ahli Bank of Kuwait (ABK) today announced an Operating Profit of KD 89.4 million for the financial year 2016 as …

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