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Business

ABK wins ‘Best Bank Transformation in ME’ award – Kuwait lender recognised at Euromoney Award for Excellence 2016

KUWAIT CITY, June 6: Al Ahli Bank of Kuwait (ABK) received the ‘Best Bank Transformation in the Middle East’ award at the Euromoney Award for …

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KSE climbs 12.07 pts; volume drops sharply – Americana rebounds 40 fils; KFH flat

KUWAIT CITY, June 6 : Kuwait stocks swung higher on Monday stemming the three-day fall. The price index climbed 12.07 pts in lackluster trade to …

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Suit raises questions over cloud accounting practices – Whistleblower vs Oracle

SAN FRANCISCO, June 6, (RTRS): A whistleblower lawsuit filed against Oracle Corp over its accounting practices underscores the pressures established computer companies face to show …

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Bombardier faces discount headache – CSeries sales take off

DUBLIN/ZURICH, June 4, (RTRS): Bombardier is stepping up efforts to woo the airline industry with its more efficient new CSeries jet, hoping to win new …

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Kuwait bourse sinks into red as volume dips –

Kuwait Stock Exchange (KSE) ended last week in the red zone. The Price Index closed at 5,377.05 points, down by 0.36% from the week before …

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No action is best available option for OPEC ministers – Oil prices likely to hit $60 by end-2016

Regardless of the outcome of OPEC’s meeting in Vienna last week, doing nothing was the best result. The organization did nothing to boost the price …

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KAMCO adopts CFA Asset Manager Code of Professional Conduct – Latest firm to pledge ethical behavior to shape a more trustworthy financial industry

KUWAIT CITY, June 4: CFA Institute, the global association of investment professionals that sets the standard for professional excellence, has added KAMCO Investment Company KSC …

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Etihad partners to fight illegal wildlife trade

ABU DHABI, June 3: Five Etihad Airways equity partner airlines signed up to the Buckingham Palace Declaration, committing to major steps to fight illegal wildlife …

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Kuwait bourse witnesses negative week – Market capitalisation falls 0.6 pct to KD 24.52 billion

The KSE Indices witnessed a negative week as the KSE price index closed with 5,377.05 a decrease of 0.36% down 19.62 points compared to the …

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Iran says Airbus deal still awaiting US green light – Qatar Airways CEO says cancels first A320neo over delays

TEHRAN, June 3, (Agencies): A $10 billion deal between Iran and European aircraft manufacturer Airbus for 118 aircraft is still pending authorisation from the United …

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