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Sunday , November 18 2018


Al Habtoor considers Egypt mega project – Al Arabiya TV Channel interviews chief of Al Habtoor Group

DUBAI, UAE, Jan 7: Khalaf Ahmad Al Habtoor, Chairman, Al Habtoor Group spoke to Al Arabiya TV Channel about an ambitious project he is considering in the Egyptian capital Cairo. In an exclusive interview with Business Lunch on Al Arabiya on Wednesday Jan 6, 2016 Al Habtoor said that he …

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KFH launches its 2016 corporate campaign – Customers at the centerpiece of TV Ad

KUWAIT CITY, Jan 6: With the advent of the New Year, Kuwait Finance House’s (KFH) new corporate campaign launches with a magnificent renewed feel reflecting KFH’s keenness to show its respect and caring to its precious customers both for their loyalty to KFH throughout many years since its establishment in …

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Alghanim industries joins judging panels at AUM

KUWAIT CITY, Jan 6: Alghanim Industries, one of the largest private companies in the region, joined the judging panels for the Capstone Business Project Competition at the American University of the Middle East (AUM). Tom Hatton, Senior Director-Talent Management and Organizational Development, and Satish Kadkol, Manager- Kirby Post-Sales Engineering, were …

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Kuwait treads water as investors cautious – Zain slips 5 fils; NBK flat

KUWAIT CITY, Jan 6: Kuwait stocks trod water on Wednesday after heading south in the last two sessions. The main gauge inched 0.18 pts lower in lacklustre trading even as investors toed caution amid turmoil in global markets triggered by weak Chinese economic data and Saud-Iran tension. The KSX 15 …

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Saudi-Iran split dashes chance of OPEC deal – Iranian exports to jump after sanctions

LONDON, Jan 6, (RTRS): The collapse in relations between Saudi Arabia and Iran after the Saudi execution of a Shi’ite cleric puts an end to speculation that OPEC could somehow agree production curbs to lift the price of oil anytime soon. A Reuters survey of OPEC production showed on Tuesday …

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Kuwait bourse eases 4.15 pts; volume dip – KFH falls 10 fils; Americana gains

KUWAIT CITY, Jan 5: Kuwait stocks edged lower on Tuesday after the sharp losses in the last session. The bourse slipped 4.15 points in lackluster trading to 5564.15 pts even as the board remained largely mixed. The market was rattled by the global selloff on Monday following the sharp losses …

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Oil, global volatility weigh in 2015 – Capitalization down $200 bln

It was a tough year for regional stocks (and world stocks) with most markets ending 2015 well into negative territory. GCC equities underperformed most international peers with the MSCI GCC total return index retreating 15% during the year, its weakest performance since 2008. The correction followed three years of solid …

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Iran, Saudi Arabia tensions can’t halt slide in oil prices – Geopolitical risk loses some of its ability to influence market: analyst

DALLAS, Jan 5, (AP): Even the escalating tension between Iran and Saudi Arabia, two big oil-producing countries, can’t halt the slide in energy prices. Oil futures spiked briefly on Monday after the news that Saudi Arabia would cut diplomatic ties with Iran, a development that could be seen as a …

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Lack of liquidity among reasons for low coverage

Kuwait Financial Centre “Markaz” published a blog post titled “Reasons for poor Analyst Coverage in Kuwait”. In this post, Markaz examines and analyzes the stocks listed in Kuwait and the research coverage they receive and compare it with other GCC countries such as KSA, UAE and Qatar and cites reasons …

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Warba Bank acquires portfolio in US company – Investment worth $2 bln

KUWAIT CITY, Jan 4: Warba Bank, a leading bank in Kuwait, today announced the acquisition of equipment leasing portfolio managed by ATEL Capital Group, an independent equipment lessor based in the United States of America becoming the first Kuwait enterprise to invest with the company. The acquisition of portfolio is …

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