Thursday , September 20 2018

Business

Kuwait Airways eyes profit in 2-3 years – Airlines seek to cut costs, improve efficiency

DUBAI, Oct 20, (RTRS): Kuwait Airways expects to make a profit within the next two to three years, its chief executive said on Tuesday, as it aims to cut costs and improve its operational efficiency. The airline’s losses for 2015 will be less than 20 million dinars ($66.3 million), compared …

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Kuwait consumer sector remains robust, says report – Employment among Kuwaiti nationals picks up slightly over last 12 months

KUWAIT CITY, Oct 20: The consumer sector continued to grow more rapidly than the rest of Kuwait’s economy despite some slowdown in growth. Household debt growth remained in the double-digits, though it has moderated over the last twelve months. Consumer spending growth also maintained a robust pace, driven by good …

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Demand puts Ferrari on pole for Wall St debut – IPO first step in complete spin-off process

ROME, Oct 20, (AFP): Ferrari makes its stock market debut on Wall Street on Wednesday with owner Fiat Chrysler hopeful the luxury sports car maker will roar off the starting grid. Against a backdrop of reported strong demand for the stock despite the problems other recent IPOs have encountered, Fiat …

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KSE extends advance with 20.55 pts gain – NBK climbs 10 fils; Zain flat

KUWAIT CITY, Oct 20: Kuwait stocks headed north Tuesday extending the gains to third consecutive session. The price index gained 20.55 points in choppy trade to wind up at 5,804.92 pts led by banks and other blue chips even as investors await more third quarter results. The KSX 15 gauge …

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Emirates Festival of Literature launches complete line-up for 2016 – Event to be held from March 1-12 … set to be a brilliant experience for all

DUBAI, Oct 20: Get ready for two weeks of literary action with the 2016 Emirates Airline Festival of Literature. James Bond author Anthony Horowitz, award-winning children’s writer Jacqueline Wilson, prolific Egyptian scholar and IPAF-winner Youssef Ziedan and astronaut superstar Chris Hadfield are confirmed to be attending the Festival next year, …

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ABK signs MoU with KOSAC – Move to improve competency of workforce

KUWAIT CITY, Oct 19: Al Ahli Bank of Kuwait (ABK) announced signing a Memorandum of Understanding (MoU) with Kuwait Occupational Standards, Assessment and Certification Centre (KOSAC), an organization which builds and develops occupational standards for all professions and businesses in the Kuwaiti labor market. Through the agreement, ABK will leverage …

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EQUATE sponsors Kuwait Industries Expo – Event organised by Kuwait Industries Union

KUWAIT CITY, Oct 19: Under the patronage of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, EQUATE Petrochemical Company, Kuwait’s first international joint-venture in this industry, sponsored Kuwait Industries Expo 2015, which is organized by Kuwait Industries Union (KIU). During the expo, His Highness the Prime Minister Sheikh Jaber …

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Ooredoo Kuwait announces benefits for iPhone 6s and iPhone 6s Plus packages

Hot on the heels of Ooredoo Kuwait’s iPhone 6s and iPhone 6s Plus official launch at the Ooredoo Tower last weekend, Kuwait’s fastest growing telco, has raised the bar again, offering fantastic benefits for customers. Ooredoo Kuwait, which is a member of the international Ooredoo Group, held a star-studded launch …

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Kuwait’s stock market ends 14.66 pts higher – CBK climbs 20 fils; Americana drops

KUWAIT CITY, Oct 19: Kuwait stocks pulled higher on Monday extending the gains to second straight day. The bourse climbed 14.66 points in a tame session to 5,784.37 pts helped by buying in select counters. The trading floor sentiment was cautiously positive even as investors await more third quarter results. …

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NBK offers job opportunities at Dinar Kuwaiti Job Fair

National Bank of Kuwait (NBK) participated in the Dinar Kuwaiti Job Fair Forum held at Salwa Al Sabah Conference Center.  The job fair forum started on Sunday 18th and was concluded yesterday Monday Oct 19, 2015. NBK is the Gold sponsor of this forum that took place under the patronage …

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