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Thursday , April 25 2019

Business

US import prices fall, but downward trend nearing end – Declining costs for petroleum and range of other goods weigh

WASHINGTON, March 11, (RTRS): US import prices fell in February for an eighth straight month, weighed down by declining costs for petroleum and a range …

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Al Habtoor meets Secretary General of UAE Investors Council

Khalaf Ahmad Al Habtoor, Chairman of the Al Habtoor Group held talks with Jamal Saif Al Jarwan, Secretary General of UAE International Investors Council at …

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Local banks capable of subscribing in KD 3-5 bn govt bonds: Al-Marzouq – Govt won’t withdraw from deposits to bridge budget deficit: KFH Chairman

KUWAIT CITY, March 10: Chairman, Kuwait Finance House (KFH), Hamad Abdulmohsen Al-Marzouq stated that over 3 years, local banks are able to subscribe in KD …

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Ooredoo Kuwait sponsors Professor Yunus seminar – Bid to develop capabilities of young Kuwaitis

KUWAIT CITY, March 10: Ooredoo Kuwait, a member of the international Ooredoo Group, sponsored Professor Muhammad Yunus’s seminar, entitled ‘Redesigning Economics to Redesign the World’. …

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Kuwait index climbs 6 pts in flattish trade – NBK gains 10 fils; NIG stagnates

Kuwait City, March 10: Kuwait stocks pulled higher on Thursday to end the week on a positive note. The bourse rose 6 points in flattish …

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Gulf Bank holds AGM, OKs 4 fils cash dividend – Bank well placed to continue to develop and innovate: Chairman

KUWAIT CITY, March 9: Gulf Bank today held its Annual General Meeting (AGM) at the Movenpick Hotel, Kuwait, where shareholders approved the company’s audited financial …

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KSE retreats 5.81 pts amid sluggish trading – KFH gains 10 fils; KIPCO slips

KUWAIT CITY, March 9: Kuwait stocks sagged on Wednesday after see-sawing in the recent sessions. The price index slipped 5.81 points in lackluster trade to …

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KIPCO completes $500 mln bond issue despite challenges – 2.5 fold oversubscription reflects global financial community’s confidence in company: Vice Chairman

KUWAIT CITY, March 9: KIPCO – the Kuwait Projects Company – has announced that it has successfully completed the issue of a US$ 500 million …

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Saudi Arabia seeks $6-8 bln bank loan – Govt seeks to shore up state coffers

DUBAI, March 9, (RTRS): Saudi Arabia is seeking a bank loan of between $6 billion and $8 billion, sources familiar with the matter told Reuters, …

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KU wins CFA Institute Research Challenge – Winning team to represent Kuwait at EMEA regional

KUWAIT CITY, March 8: Kuwait University became the 2015-16 CFA Institute Research Challenge winner in the Kuwait, beating other universities in a close competition hosted …

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