Sunday , January 20 2019

Business

KSE retreats 5.81 pts amid sluggish trading – KFH gains 10 fils; KIPCO slips

KUWAIT CITY, March 9: Kuwait stocks sagged on Wednesday after see-sawing in the recent sessions. The price index slipped 5.81 points in lackluster trade to …

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KIPCO completes $500 mln bond issue despite challenges – 2.5 fold oversubscription reflects global financial community’s confidence in company: Vice Chairman

KUWAIT CITY, March 9: KIPCO – the Kuwait Projects Company – has announced that it has successfully completed the issue of a US$ 500 million …

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Saudi Arabia seeks $6-8 bln bank loan – Govt seeks to shore up state coffers

DUBAI, March 9, (RTRS): Saudi Arabia is seeking a bank loan of between $6 billion and $8 billion, sources familiar with the matter told Reuters, …

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KU wins CFA Institute Research Challenge – Winning team to represent Kuwait at EMEA regional

KUWAIT CITY, March 8: Kuwait University became the 2015-16 CFA Institute Research Challenge winner in the Kuwait, beating other universities in a close competition hosted …

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Is Saudi peg on the verge of breaking? – Falling oil prices and strengthening dollar bite

In January this year, the Saudi Arabian Monetary Authority (SAMA) issued a statement saying that the 1986 mandate which pegged the country’s riyal to the …

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Kuwait to let private sector manage airport, ports – Govt under pressure to cut costs and improve efficiency of economy

DUBAI, March 8, (RTRS): Kuwait’s government plans legislation that will let the private sector manage commercial ports and the country’s international airport, with the government …

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Kuwait bourse climbs 19.97 pts; volume dips – Americana soars 100 fils; Zain flat

KUWAIT CITY, March 8: Kuwait stocks pulled higher on Tuesday as it extended its volatile course. The bourse, after a soggy start, climbed 19.97 points …

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Warba Bank sponsors 14th Firefighter’s Festival – Move reinforces bank’s CSR program

KUWAIT CITY, March 7: Since its inception in the Kuwaiti market as an Islamic and fastest growing Bank providing full range of integrated banking and …

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ABK introduces series of new developments to digital channels – Bank continues to implement its ‘Simpler’ banking strategy

KUWAIT CITY, March 7: In line with its commitment to making Banking ‘Simpler’ for its customers, Al Ahli Bank of Kuwait (ABK) recently announced that …

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Oil price forcing producers to freeze output – OPEC to meet in Moscow for new talks

ABU DHABI, March 7, (RTRS): The United Arab Emirates’ energy minister said on Monday that current, low oil prices are forcing many producers to freeze …

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