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Business

KAMCO holds AGM, Shafafiyah for 2015 – General Assembly agrees to 5% cash dividend payout to shareholders

KUWAIT CITY, April 14: KAMCO Investment Company K.S.C (Public) held its annual general meeting (AGM) and its annual Shafafiyah Investor’s Forum at the Chairman’s Club …

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How Saudi plans to shake up its economy – Privatisations to include tourism, infrastructure, education; some see plan as risky

RIYADH/DUBAI, April 14, (RTRS): In late February, several hundred Saudi officials, company executives and foreign consultants gathered in a luxury Riyadh hotel to discuss how …

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Kuwait bourse closes week with ‘downtick’ – Ooredoo climbs 40 fils; KIPCO flat

KUWAIT CITY, April 14: Kuwait stocks sagged on Thursday to end the week on a dull note. The price index gave up early gains to …

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Kuwait richest among frontier economies

Over the past few years, investors, policy-makers and researchers have increasingly stressed the importance of considering frontier markets and frontier economies as part of the …

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Al Habtoor receives Chairman of Lloyd’s of London

DUBAI, UAE, April 13: Khalaf Ahmad Al Habtoor, Chairman, Al Habtoor Group welcomed John Frederick Nelson, Chairman, Lloyd’s of London at his office on Al …

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Arab Woman Awards Kuwait 2016 on April 17 – Panel of judges announced for award ceremony

KUWAIT CITY, April 13: The Arab Woman Awards board of judges were announced today ahead of the winners’ presentation ceremony taking place at a royal …

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Kuwait bourse gains 31.15 pts; volume flat – KFH adds 5 fils; Zain unchanged

KUWAIT CITY, April 13: Kuwait stocks headed north on Wednesday extending the gains from last session. The price index, after a tame start, climbed 31.15 …

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OPEC warns on oil ‘oversupply’ ahead of crunch Doha meeting – Saudi ‘rules out’ output cut ahead of talks

VIENNA, April 13, (AFP): OPEC warned Wednesday that the world remains awash with crude ahead of a crunch meeting in Doha between cartel members and …

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Kuwait bourse slips amid choppy trading – Ooredoo dives 80 fils; NBK flat

KUWAIT CITY, April 12: Kuwait stocks sagged Tuesday as investors consolidated their positions after the recent gains. The bourse slipped 9.33 pts in choppy trade …

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Fitch cuts Saudi rating over oil price fall – Outlook remains negative

RIYADH, April 12, (AFP): Fitch Ratings on Tuesday lowered Saudi Arabia’s long-term credit rating, saying the plunge in oil prices had “major negative implications” for …

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