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Business

Real GDP forecast to grow by 2.1% in ‘16

Real GDP growth in the UAE is forecast to soften from an estimated 3.8 percent in 2015 to around 2.1 percent in 2016, on the …

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Liquidity surge helps boost KSE indices – Market cap rises 3.4 pct to KD 24.73 bln

The KSE Indices witnessed a positive week as most indices increased this week. The KSE price index closed at 5,397.85 an increase of 1.44% up …

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Millennials and demand drive Ford’s continued SUV lineup growth – Four all-new nameplates due within five years

KUWAIT CITY, Oct 27: Ford has a long history of SUV leadership, with all-time favourite nameplates such as Escape, Edge, Explorer and Expedition setting the …

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QPIC’s net profit jumps 59% to KD 10.49m in H1 – EPS at 10.08 fils; investment in associates up 10%

KUWAIT CITY, Oct 27: QPIC — Qurain Petroche-mical Industries Company (QPIC) — announced a net profit of KD 10.49 million (US$ 34.74 million) for the …

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Kuwait bourse down after ‘volatile’ trade – Ooredoo sheds 20 fils; NBK flat

KUWAIT CITY, Oct 27: Kuwait stocks edged lower on Thursday to end the week on a tepid note. The main index eased 5.85 pts in …

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Al Habtoor holds talks with President of US-UAE Business Council

Al Habtoor Group Chairman Khalaf Ahmad Al Habtoor paid a visit to the US-UAE Business Council in Washington DC on Oct 25. Al Habtoor met …

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KSE extends winning spree; volume shrinks – NBK rallies 20 fils; Americana dips

KUWAIT CITY, Oct 26: Kuwait stocks extended its winning spree with a modest upswing. The bourse climbed 14.69 pts in volatile trade to 5,403.7 points …

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KFH sees opportunity in financing Gulf deficits – Bank keen on govt bonds for low risk, high liquidity: CEO

KUWAIT CITY, Oct 26, (RTRS): Kuwait Finance House (KFH) , the country’s biggest Islamic lender, sees attractive opportunities in financing the budget deficits of Kuwait …

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Gulf Bank provides insights into real estate market – Session held in partnership with KAMCO Investment Company

KUWAIT CITY, Oct 25: In line with its commitment to continuously deliver added value to its customers, Gulf Bank hosted an exclusive event for its …

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KSE price index bounces 47.49 pts; volume soars -Zain rallies 25 fils; KIPCO flat

KUWAIT CITY, Oct 25: Kuwait stocks swung sharply higher on Tuesday extending the gains to fifth straight session. The price index jumped 47.49 pts in …

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