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Thursday , August 22 2019

Business

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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IMF cuts world growth forecast – Warns over Brexit

WASHINGTON, April 12, (AFP): The International Monetary Fund said Tuesday that the global economy faces wide-ranging threats from weak growth and rising protectionism, warning of …

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Crude oil boosts global stocks; dollar strengthens against euro – Gold price climbs to three-week high

NEW YORK, April 12, (Agencies): Brent crude oil prices hit a four-month high on Tuesday after reports of an agreement among two major producers to …

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URC posts 8.3% rise in net profit for 2015 – Company holds its AGM and Shafafiyah Investor’s Forum

KUWAIT CITY, April 11: United Real Estate Company (URC), Kuwait’s leading development and property services company, today announced an 8.3% increase in net profit of …

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Kuwait awards projects worth KD 10 billion in 2015: Markaz – Gulf states to borrow $390 bln by 2020: report

KUWAIT CITY, April 11, (Agencies): Kuwait awarded projects worth KD 10 billion in 2015, a compound annual growth rate (CAGR) of 84 percent compared to …

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Kuwait oil production at 3 mln bpd: KPC

KUWAIT CITY, April 11, (KUNA): The oil production rate of Kuwait is currently around three million barrels per day, with the aim of reaching four …

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KSE extends advance amid ‘spurt’ in buying – NBK slips 10 fils; Jazeera Airways gains

KUWAIT CITY, April 11: Kuwait stocks advanced on Monday extending the gains to fourth straight session. The price index, after a tame start, climbed 33.26 …

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ABK announces graduation of its ABK Academy’s 18th group of students

Al Ahli Bank of Kuwait (ABK) recently announced the graduation of its ABK Academy’s 18th group of students. The Bank honored a total of 22 …

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KFH considers social dimension in financing SMEs – CEO receives ‘Youth Empowerment’ delegates

KUWAIT CITY, April 10: CEO — Kuwait Finance House, Mazin Saad Al-Nahedh received delegates of “Youth Empowerment” at KFH headquarters where he applauded their concrete …

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