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Saturday , January 16 2021

Business

GIG earns KD 12mn in 2016; OKs 40% cash dividend

Group successfully enters Turkish insurance market KUWAIT CITY, April 2: Today, Gulf Insurance Group held its fifty-fifth ordinary general assembly; the group announced achieving net …

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Global logs KD 14.7mn revenues, KD 3.5mn net profit

KUWAIT CITY, April 2: Global Investment House (“Global” or the “Company”), a regional asset management and investment banking firm headquartered in Kuwait, with offices in …

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Kuwait Airways set to revolutionise passenger experience

  National carrier to implement world-leading booking, ticketing and reservation system KUWAIT CITY, April 1: In terms of making changes, they don’t come any bigger …

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Kuwait to ‘import’ fuel oil as it mothballs Shuaiba refinery – Imports to halt after start of Al-Zour refinery

DUBAI/KUWAIT, April 1, (RTRS): Supplies of residual fuel oil in the Arabian Gulf are set to tighten after the closure of Kuwait’s Shuaiba refinery on …

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Kuwait indices underperform; volume dips

Boursa Kuwait ended last week in the red zone. The Price Index closed at 7,029.43 points, down by 0.20% from the week before closing, the …

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Bourse witnesses negative week as indices dip – KFH Capital

The KSE Indices witnessed a negative week as indices decreased this week. The KSE price index closed at 7,029.43 a decrease of 0.20 percent down …

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EQUATE Group records net profit of $679 mln for 2016

KUWAIT CITY, March 30: The EQUATE Group, a global producer of petrochemicals, announced today $679 million in total net profit for the fiscal year ending …

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Markaz to adopt cloud-based, mobile solutions for its ops

KUWAIT CITY, March 30: Kuwait Financial Centre “Markaz” announced that it will utilize Yardi Voyager® 7S, the browser-agnostic and mobile-enabled software as a service platform …

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Burgan Bank holds AGM and Shafafiyah Forum

Board of Directors approves 5 pct cash dividend, 5 pct in bonus shares KUWAIT CITY, March 29: Burgan Bank held its Ordinary and Extraordinary General …

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KAMCO 2016 profit surges 144 percent – Revenues up 13% to KD 8.29mn

KUWAIT CITY, March 29: KAMCO Investment Company K.S.C. (Public), a leading investment company with one of the largest AUMs in the region, announces its financial …

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