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Saturday , January 25 2020

Business

Zain interested in Egypt 4G licence

CAIRO, July 17, (RTRS): Kuwaiti mobile operator Zain has expressed interest in applying for a fourthgeneration licence in Egypt, a senior telecommunications ministry official said …

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Gold down to $1.327 as US dollar rises

Global gold prices have been down by $29 to $ 1.327 per ounce, for the first time in six weeks due to the rise of …

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Gulf markets edge up despite Turkey

DUBAI, July 17, (RTRS): Major Middle Eastern stock markets edged up on Sunday although some shares with exposure to Turkey underperformed after the failed coup …

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Papiro urges Kuwait airlines to open direct flights to Madrid – Exclusive Interview

KUWAIT CITY, July 16: Viajes Papiro (Papiro Group), one of the leading travel companies in Spain, offers both entertainment or tourism and treatment services. It …

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KSE price index closes 0.02 pct up to 5,390.70 points

The KSE Indices witnessed a mixed week as the KSE price index closed with 5,390.70 a marginal increase of 0.02% up 1.10 points compared to …

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Some wheat ‘bought’ in Egypt on paper only

CAIRO, July 15, (RTRS): Egypt’s general prosecutor said on Thursday some local wheat was bought by the government in paper transactions only and not physically …

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Iraq ‘halts’ Basra Light oil loading after pipeline leak

SINGAPORE, July 15, (RTRS): Iraq has suspended Basra Light crude oil loading at two export terminals in the country’s south after a pipeline leak, four …

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Kuwait’s ALAFCO upsizes to A321neo – Deal confirms market trend for larger models

KUWAIT CITY, July 14: ALAFCO Aviation Lease and Finance Company, the Kuwait-based international aircraft leasing company, has upsized an order of ten A320neos to A321neos. …

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Kuwait stocks climb 4.6 pts; volume rises – Americana slips 20 fils; NBK gains 10 fils

KUWAIT CITY, July 14: Kuwait stocks nudged higher on Thursday to wind up the week on a firm note. The price index climbed 4.6 points …

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Kuwait stable outlook reflects strong fiscal position – GCC sovereigns continue to face fiscal financing needs, expected to exceed $100 bln in 2016

Overall sovereign creditworthiness in the Middle East and North Africa (MENA) region has continued to deteriorate since we published “Middle East And North Africa Sovereign …

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