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Business

Al Mulla Group honors staff for completing 40 years of service – Company gives away certificates of appreciation, commemorative shields and cash rewards as a gesture of gratuity

KUWAIT CITY, Dec 26: On behalf of the Management of Al Mulla Group, Anwar Al Mulla, Deputy Chairman and CEO, along with Abdulla Najeeb Al …

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Kuwait stocks extend advance; volume rises – Humansoft Holding soars 100 fils: KIPCO flat

KUWAIT CITY, Dec 25: Kuwait stocks headed north on Sunday after logging modest gains in the previous week. The price index climbed 23.94 pts to …

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KIB uncovers attempted fraudulent ATM transactions: Chairman – No financial loss to bank nor its customers: Sheikh Al-Jarrah

KUWAIT CITY, Dec 25: Kuwait International Bank (KIB) announced that it has successfully uncovered a number of attempted fraudulent ATM transactions which took place in …

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Kuwait’s November inflation slows further to 3.4 percent – Prices of food and beverage climb 0.19 pct

KUWAIT CITY, Dec 25, (KUNA): Domestic Consumer Prices Index (CPI) rose 3.4 percent in November compared to the same month of 2015, the Central Statistical …

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Time to invest in oil again – Signs for better oil prices seem more realistic

International oil companies are back to invest in the oil industry, as the signs for better and improved oil prices seem to be more realistic …

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KSA boosts spending, but cuts deficit – Break-even price for FY17 estimated at $70.8 per barrel

KUWAIT CITY, Dec 24: The Kingdom of Saudi Arabia (KSA) forecasted a deficit of SAR198bn (7.7% of GDP), with a projected revenue of SAR692bn (higher …

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Arab Times marketing team hold Christmas & New Year get-together

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Kuwait’s property sales down by 29 pct in November

KUWAIT CITY, Dec 23, (KUNA): Kuwait’s local real estate sales dwindled away by 29 percent to KD 232 million in November, compared with 38 percent …

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Saudi plans to borrow $10-15b internationally in 2017: official – Local bond issue likely to resume in Q1

DUBAI, Dec 23, (RTRS): Saudi Arabia plans to borrow between $10 to $15 billion from international markets in 2017 and around 70 billion riyals from …

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Canada’s Brookfield buys Indian mobile tower business for $1.6bn

MUMBAI, Dec 23, (AFP): Indian internet and telecoms company Reliance Communications said Wednesday it had agreed to sell its mobile phone tower business to Canadian …

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