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Tuesday , December 10 2019


KAICO supplies EICHER buses to Nasser Al Hajri Corp – Nearly 1,500 vehicles on road in Kuwait

KUWAIT CITY, June 3: Kuwait Automotive Imports Co WLL ( Al Shaya & Al Sagar) recently bagged an order to supply 20 units of EICHER …

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Kuwait stocks tick up 4.46 pts in thin trade – Mezzan Holding gains 20 fils, NBK sheds 10 fils

KUWAIT CITY, July 3: Kuwait stocks nudged higher on Sunday to kick off month on a firm note but investors stood on the sidelines ahead …

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Burgan Bank gets approval for $1.5bn EMTN programme

KUWAIT CITY, July 3, (KUNA): Burgan Bank obtained the approval of Ireland’s Central Bank for establishing a Euro medium-term note (EMTN) programme worth $ 1.5 …

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Kuwait bourse ends in red, volume dives – Market cap down 0.84% to reach KD 22.92 bln

Kuwait Stock Exchange (KSE) ended last week in the red zone. The Price Index closed at 5,364.57 points, down by 0.80% from the week before …

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KPC new refinery in Oman a shift in marketing strategy – Advantage of proposed venture questioned

Kuwait Petroleum Corporation (KPC), since its inception, has been following a sound marketing strategy of investing in building refineries in large consuming markets and countries …

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BMW teams up with Intel and Mobileye – Bid develop self-driving cars

FRANKFURT, July 2, (AFP): German top-of-the-range car maker BMW announced Friday that it is joining forces with US computer chip giant Intel and the Israeli …

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Gold remains strong over week – Oil shrugs off Brexit slump

LONDON, July 2, (AFP): Oil approached the end of the week down slightly on a midweek rally but still well ahead of its lowest point …

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Eurozone unemployment falls to near ‘five-year’ low in May – Brexit will impact Europe’s recovery: ECB

BRUSSELS, July 1, (AFP): Eurozone unemployment fell to a near five-year low in May, official data said on Friday, in a rare positive sign for …

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With Brexit clouding outlook, US payrolls to tilt focus to Fed – Economic growth regains speed in second quarter

LONDON, July 1, (RTRS): Investors will start to peek beyond the Brexit-dominated headlines in the coming week to gauge the outlook for the global economy, …

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India’s $4 smartphone rings alarm bell on workers’ conditions

MUMBAI, July 1, (RTRS): The Indian makers of a $4 smartphone hope its low price will allow millions of the poorest people to own a …

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