Tuesday , January 22 2019

Business

Oil, global volatility weigh in 2015 – Capitalization down $200 bln

It was a tough year for regional stocks (and world stocks) with most markets ending 2015 well into negative territory. GCC equities underperformed most international …

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Iran, Saudi Arabia tensions can’t halt slide in oil prices – Geopolitical risk loses some of its ability to influence market: analyst

DALLAS, Jan 5, (AP): Even the escalating tension between Iran and Saudi Arabia, two big oil-producing countries, can’t halt the slide in energy prices. Oil …

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Lack of liquidity among reasons for low coverage

Kuwait Financial Centre “Markaz” published a blog post titled “Reasons for poor Analyst Coverage in Kuwait”. In this post, Markaz examines and analyzes the stocks …

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Warba Bank acquires portfolio in US company – Investment worth $2 bln

KUWAIT CITY, Jan 4: Warba Bank, a leading bank in Kuwait, today announced the acquisition of equipment leasing portfolio managed by ATEL Capital Group, an …

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Singapore GDP growth drops to 2.1 percent in 2015 – Higher borrowing costs likely to further weaken housing market and dampen construction activity

SINGAPORE, Jan 4, (AFP): Singapore’s trade-dependent economy grew by an estimated 2.1 percent in 2015, its worst performance since the 2009 recession, as global demand …

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KSE ‘kicks-off’ year with 46.82 pts slump – NBK falls 10 fils; Americana gains

KUWAIT CITY, Jan 4: Kuwait stocks kicked off the year with a downswing tracking weak regional and global cues. The price index, after a tame …

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Gold prices low at end of 2015 — report

Gold prices ended the last session of 2015 at a low rate for the third year in a row, reaching $1,060 per ounce at the …

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Kuwait bourse ends week on mixed note – Average daily turnover up 15.24 pct

Kuwait Stock Exchange (KSE) ended last week with mixed performance. The Price Index closed at 5,615.12 points, down by 0.09% from the week before closing, …

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Qatar’s real GDP growth slows to 3.8 pct y/y in Q3 – Trade surplus shrinks 54% y/y in November

DOHA, Qatar, Jan 3, (RTRS): Qatar’s Ministry of Development Planning and Statistics released the following preliminary third-quarter gross domestic product data on Sunday, adjusted for …

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Russia halts free-trade deal with Ukraine – Kiev to buy gas from French, British suppliers

MOSCOW, Jan 3, (AFP): President Vladimir Putin on Wednesday signed a decree suspending Russia’s free-trade agreement with Ukraine as of Jan 1. Ukrainian President Petro …

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