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Friday , January 17 2020

Business

Kuwait bourse closes week on strong note – VIVA gains 10 fils; Ooredoo tumbles

KUWAIT CITY, Oct 20: Kuwait stocks nudged higher on Thursday to wind up the week on a firm note. The bourse added 6.23 pts in …

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Fitch affirms NBK’s rating at ‘AA-’ – Stable outlook reflects outlook on Kuwaiti sovereign rating

KUWAIT CITY, Oct 19: Fitch Ratings, the international credit rating agency (Fitch), once again affirmed National Bank of Kuwait’s (NBK) Long-term Issuer Default Rating (IDR) …

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KSE ‘index’ rebounds 31.64 pts; volume up – Zain gains 5 fils; Americana flat

KUWAIT CITY, Oct 19: Kuwait stocks swung north on Wednesday stemming the five-day decline. The bourse bounced 31.64 pts in choppy trade to 5,315.23 points …

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AUB launches $200 mln Perpetual ‘Sukuk’ issue – Issuance heavily oversubscribed

KUWAIT CITY, Oct 19: Ahli United Bank KSCP (AUB) has successfully concluded the subscription of its issue of a $200 Million Perpetual Additional Tier 1 …

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Habtoor, DEC in talks – Better trade prospects discussed

DUBAI, UAE, Oct 19: Khalaf Ahmad Al Habtoor, Chairman, Al Habtoor Group met with a delegation from the Dubai Economic Council recently. The meeting was …

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Kuwait acting oil minister says $50-60 pb rational price for oil – KOC’s output capacity to hit 3.1 mln bpd by end of 2016: Jaafar

KUWAIT CITY, Oct 18, (KUNA): Deputy Prime Minister, Minister of Finance and Acting Minister of Oil Anas Al-Saleh said Monday the projections that the oil …

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Zain Q3 net income rises 12% to KD 43 mln – Group’s efficiency drive increases EBITDA margin to 49.2 pct for third quarter

KUWAIT CITY, Oct 18: Zain Group, a leading mobile telecom innovator in eight markets across the Middle East and Africa, announces its consolidated financial results …

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Kuwait bourse edges lower; volume tapers – VIVA dips 40 fils; KIPCO unchanged

KUWAIT CITY, Oct 18: Kuwait stocks wound up slightly in red on Tuesday as it extended its losses to fifth consecutive session. The bourse eased …

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NBK posts KD 219.3 mln net profit for 9M – Total assets grow by 4.3% y/y to KD 24.8 bln; solid results continue to reflect growing business volumes: Al-Sayer

KUWAIT CITY, Oct 17: National Bank of Kuwait (NBK) reported net profits of KD 219.3 million ($728 million) for the first nine months of 2016 …

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Industries and Construction Expo to support economy: Al-Sabeeh – Event aimed at supporting Kuwait’s industry, national products

KUWAIT CITY, Oct 17: Deputy Chairman and CEO of National Industries Co, Dr Adel, Al-Sabeeh asserted that the Industries and Construction Exhibition is considered a …

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