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Business

Boursa Kuwait officially takes over KSE ops – Start of a new era for Kuwait’s financial market

KUWAIT CITY, April 25: Boursa Kuwait announced that it has officially assumed responsibility for the management of the Kuwait Stock Exchange (KSE)’s operations. The hand-over …

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CBK records net profit of KD 7.8 mln for Q1 – Total assets reach KD 4,147 million at end of March 2016

KUWAIT CITY, April 25: Commercial Bank of Kuwait announced net profit of KD 7.8 million for the first quarter of 2016 up by 22.8 percent …

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‘Women in Corporate World’ hosts two discussion panels – Ground breaking conference organized by Alghanim Industries and Gulf Bank

KUWAIT CITY, April 25: Alghanim Industries and Gulf Bank are pleased to announce that the “Women in the Corporate World: Beyond the Glass Ceiling” conference, …

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KSE index retreats as profit-taking kicks in – Americana dives 80 fils; Zain flat

KUWAIT CITY, April 25: Kuwait stocks sagged Monday snapping the four-day advance. The price index dropped 13.66 points in sluggish trading to 5,358.72 pts as …

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VIVA Q1 revenue rises 6% to KD 70.4 mln – Company posts KD 9.8 million in first quarter; customer’s base reaches 2.4 million

KUWAIT CITY, April 24: VIVA, Kuwait’s fastest-growing telecom operator, announced the financial results for the first quarter of 2016. VIVA’s revenue grew by 6% during the …

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Zain generates revenues of KD 277 mln for Q1 – Group records net income of KD 37 mln; customer base reaches 45.5 mln

KUWAIT CITY, April 24: Zain Group, a leading mobile telecom innovator in eight markets across the Middle East and Africa, announces its consolidated financial results …

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KSE adds 25.43 pts; volume edges higher – KFH gains 5 fils; Ooredoo flat

KUWAIT CITY, April 24: Kuwait stocks headed north as it extended the gains from last week. The bourse, after sluggish start, climbed 25.43 points to …

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Kuwait gives impetus to infrastructure development – Doha Bank hosts knowledge sharing session on ‘changing dynamics and market opportunities’

DOHA, April 24: Doha Bank hosted a knowledge sharing session on “Changing dynamics and market opportunities” on 19th April 2016 at JW Marriot Hotel, Kuwait. …

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ABK receives award from Commerzbank AG – Bank recognized for its commitment to int’l quality standards

KUWAIT CITY, April 23: Al Ahli Bank of Kuwait (ABK) was recently presented the Award for Excellent Quality by Commerzbank AG. ABK was recognized because …

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Gulf Bank wins ‘Credit Card Product of Year in Mideast’ award – Gulf Rewards offers exceptional benefits

KUWAIT CITY, April 23: Gulf Bank today announced that it has been awarded the ‘Credit Card Product of the Year in the Middle East’ award …

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