Sunday , September 23 2018


KSE index falls 51.76 pts lower to 5,571.93 points – Bourse marks 31.83 pct drop in volume

KUWAIT CITY, Dec 20: Kuwait stocks plunged 51.76 or 0.92% lower to 5571.93 points at the start of the week as low risk attitudes prevailed. The bourse marked a 31.83% drop in volume from last week’s close. The weighted index ebbed 0.94 points lower to 380.46 points. The KSE benchmark …

Read More »

Chevrolet Alghanim launches exclusive offer – Own 2016 Cruze at KD 3,995 or Captiva at KD 5,555

KUWAIT CITY, Dec 20: From powerful rides to elegant drives, Yusuf Ahmed Alghanim & Sons Automotive, the exclusive distributor of Chevrolet vehicles in Kuwait, provides its customers with a wide array of cars that suit every style and taste at amazingly affordable prices. If you are looking to own a …

Read More »

Kuwait exports down by 45.1 pct in Q3 – Shipments to GCC countries up 12.5% to KD 137.3mn

KUWAIT CITY, Dec 20, (KUNA): In July-September 2015, Kuwait’s exports were KD 4. 1 billion with a 45.1 percent decrease and imports were KD 2.3 million with a 3.9 percent increase compared with July-September 2014, according to foreign trade statistics. In July-September 2015, balance of trade was KD 1.8 billion while …

Read More »

Sheikh Al-Jarrah receives ‘GCC Chairman of the Year’ award – World Finance honors KIB Chairman for his impressive track record

KUWAIT CITY, Dec 20: The London-based premier global banking and finance journal, World Finance named Kuwait International Bank’s Chairman, Sheikh Mohamed Al-Jarrah Al-Sabah “GCC Chairman of the Year” for 2015. This success is yet another in the bank’s roster of accolades and accentuates Al-Jarrah’s significant record of accomplishments achieved throughout …

Read More »

Ooredoo Kuwait CEO addresses ICT Leadership Panel in Dubai – Ooredoo Volunteers Program wins ‘Best CSR’ award

KUWAIT CITY, Dec 19: Ooredoo Kuwait CEO and General Manager Sheikh Mohammed bin Abdullah Al Thani, stressed on the importance of customer satisfaction and experience on an ICT Leadership Panel, which took place in Dubai on Dec13. Sitting alongside twelve of the region’s leading innovators, he described the company’s vision …

Read More »

KFH named ‘Market Leader in Prepaid Cards’ – Award confirms bank’s success and efficiency in Kuwait banking cards market

KUWAIT CITY, Dec 19: Kuwait Finance House (KFH) receives the Market Leader Award for Visa Prepaid Cards in Kuwait from Visa in appreciation of its distinguished efforts in banking cards, thus increasing the number of prepaid visa cards issued in Kuwait. KFH has occupied the leading position among major banks …

Read More »

KQIC launches online platform – Company revolutionizes personal insurance offerings

KUWAIT CITY, Dec 19: Kuwait Qatar Insurance Company, (KQIC), a premier insurer offering both conventional insurance and Takaful products yesterday announced the launch of its online retail platform, With this new platform, customers will now be able to renew or purchase personal insurances (car, home and travel) from anywhere …

Read More »

ABK receives ‘Best Call Center’ award from Banker Middle East

Al Ahli Bank of Kuwait (ABK) recently won the ‘Best Call Center’ award from Banker Middle East, one of the region’s leading banking industry magazines. The award, which was won in recognition of the exceptional customer service of the Bank’s main Call Center, was received by Mrs Sawsan Ali, Senior …

Read More »

US rates begin on path to normal in 2016 Fed and market views diverge

KUWAIT CITY, Dec 18: With its December first tightening in 9 years, the so-called “lift-off” is finally behind us. Phew! The federal funds rate is up 25 basis points (bps) to a target of 25- 50 bps. Markets can now move on to the next set of questions: how much …

Read More »

US rate hike, oil fall dominates market sentiments

KUWAIT CITY, Dec 18: All the major KSE indices close in negative as the Fed rate hike had a negative impact on the markets; the rate hike was followed by a swift interest rate hike by Kuwait Central Bank. While on crude oil price the Brent price was at USD …

Read More »
Translate »
Social media & sharing icons powered by UltimatelySocial