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Monday , December 9 2019

Business

KFH-Turkey posts net profit of TL 256m, assets rise 4.9% – Shareholders equity increase by 8 pct

KUWAIT CITY, Aug 11: Kuwait Finance House- Turkey (KFH-Turkey) has closed the first half of 2016 with a net profit to TL 256 million with …

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What does Bank of England base rate cut mean for expats?

DUBAI, Aug 11: The Bank of England has cut the base rate for the first time in over seven years, reducing it from 0.5 percent …

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Al Habtoor welcomes Lebanon’s former Minister of Justice

Al Habtoor Group Chairman, Khalaf Ahmad Al Habtoor received Major General Ashraf Rifi, Lebanon’s former Minister of Justice and Director General of the Lebanese Internal …

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EQUATE continues global growth through its subsidiary MEGlobal

KUWAIT CITY, Aug 10: EQUATE Petrochemical Company, Kuwait’s first international joint-venture in this industry, continued its global growth through its wholly owned subsidiary MEGlobal with …

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Dubai safe haven for investment: Al Habtoor – AHG chairman forecasts rise in property prices soon

DUBAI/UAE, Aug 9: In a statement to the media, Chairman of the Al Habtoor Group, Khalaf Ahmad Al Habtoor reaffirmed that Dubai is a safe …

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‘Operational risk is significant threat facing financial bodies’ – Cyber attacks disrupting core operations: CBK Governor

KUWAIT CITY, Aug 9: Operational risk is one of the most significant risks faced by any financial institution, as evidenced by the major losses of …

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Ford Mideast reaffirms commitment to Kuwait’s customers

 KUWAIT CITY, Aug 8: Ford Motor Company said it is committed to growing its business in Kuwait and most importantly, better serve Ford and Lincoln …

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Most MENA markets end July in green zone – Positive quarterly earnings led to increased investor activity

KUWAIT CITY, Aug 7: Kuwait Financial Centre “Markaz” recently released its Monthly Market Research report. In this report, Markaz examines and analyzes the performance of …

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Al Mazaya Holding buys 50% stake of Ritim Istanbul project

KUWAIT CITY, Aug 7: Al Mazaya Holding has acquired the remaining 50 percent stake of Ritim Istanbul project in Turkey, raising its share of the …

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ALAFCO acquires portfolio of nine passenger aircrafts

KUWAIT CITY, Aug 7, (KUNA): Aviation Lease and Finance Company (ALAFCO) announced Sunday that it has completed the acquisition of a nine-aircraft portfolio from GE …

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