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Business

KFH supports KMC to execute development projects: Al-Nahedh – Company’s projects size in Kuwait and GCC worth $750 million

KUWAIT CITY, Nov 12: KFH – Group CEO, Mazin Saad Al-Nahedh stressed the importance of the strategic diversification of KFH businesses, indicating KFH general strategy …

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Kuwait ‘heavy oil’ – new challenge to the industry – KPC targets 4m barrels by end of 2030

In order to expand and increase Kuwait’s crude oil production to more than 3 million barrels per day, the Kuwaiti upstream sector must dig, explore …

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Kuwait bourse closes in green as volume soars

Boursa Kuwait ended last week in the green zone. The Price Index closed at 5,480.42 points, up by 1.31% from the week before closing, the …

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KSE witnesses positive week – Market cap rises to KD 25.09 billion

The KSE Indices witnessed a positive week as indices increased this week. The KSE price index closed at 5,480.42 an increase of 1.31 percent up …

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Inflation jumps in September amid fuel price hike

KUWAIT CITY, Nov 11: Inflation in consumer prices jumped in September on the back of the fuel price hike during the month. Headline inflation rose …

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Japan lawmakers OK TPP despite Trump victory – China pushes Asia-Pacific trade deals

TOKYO, Nov 10, (Agencies): Japan’s lower house of parliament on Thursday passed the contentious Trans-Pacific Partnership (TPP) free trade deal, a move largely viewed as …

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Kuwait winds up week with 24.8 pts upswing – KFH rallies 15 fils; Zain flat

KUWAIT CITY, Nov 10: Kuwait stocks headed north on Thursday to wind up the week on a firm note. The bourse, after weathering the aftershocks …

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Agility records KD 15.17 mln net profit for Q3 – Company posts revenue of KD 312 mln; EPS clocks 13.19 fils

KUWAIT CITY, Nov 10: Agility today announced its financial results for the third quarter of 2016, reporting a net profit of KD 15.17 million, an …

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KFH fulfils CBK Customers Protection Guide requirements – Bank established and updated employees and customers awareness campaigns and procedures

KUWAIT CITY, Nov 8: Kuwait Finance House is in the process of the final fulfilment of all requirements of “Bank Customers Protection Guide” issued by …

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Kuwaiti stock market ends 26.31 pts higher – KFH gains 10 fils; KIPCO flat

KUWAIT CITY, Nov 8: Kuwait stocks swung higher on Tuesday extending the gains to fourth consecutive day tracking the regional peers. The key index, after …

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