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Monday , December 9 2019


Panasonic introduces latest products for Kuwait market – Key highlights of convention include new lineup of VIERA models of advanced smart TVs, range of air purifiers and fans

KUWAIT CITY, May 29: Panasonic Marketing Middle East & Africa (PMMAF) in collaboration with its local partner Easa Husain Al-Yousifi & Sons Co unveiled its …

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KFH-Turkey issues sukuk for TL 300m – Issuance highest amount in domestic market

KUWAIT CITY, May 29: With the lease certificate (sukuk) of 300 million TL with tenure of 179 days, KFH-Turkey has realized the initial public offering …

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Kuwait bourse edges lower; volume tumbles – Commercial Bank drops 10 fils; Zain flat

KUWAIT CITY, May 29: Kuwait stocks sagged slightly Sunday as sentiment dampened over scrapping of stake sale of Kharafi Group owned Americana. The price index …

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GCC petrochemical sector sales exceeds $85 bln in 2015: EQUATE CEO

Chief Executive Officer at Equate Petrochemical Company Mohammad Hussein disclosed that sales of the GCC Petrochemical Sector in 2015 exceeded $85 billion, saying sector grew …

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Kuwait bourse ends in green; volume soars – Market cap reaches KD 23.37 billion during week

Kuwait Stock Exchange (KSE) ended last week in the green zone. The Price Index closed at 5,396.67 points, up by 1.36% from the week before …

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Fed rate hike likely appropriate in coming months: Yellen – Markets have better reading now on chances of hike: Bullard

The Federal Reserve should raise interest rates “in the coming months” if the economy picks up as expected and jobs continue to be generated, US …

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Oil faces struggle to keep above $50, as OPEC looms – ‘Higher prices could unlock more supply’

LONDON, May 28, (AFP): World oil prices may struggle to sustain a push beyond $50 a barrel after hitting the key level for the first …

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Gas producers in need of cash too for investments – Real challenge for Gulf is cutting manpower

The fall in oil prices since 2014 negatively impacted the financial condition of not only the oil companies but also the gas producers in the …

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Kuwait bourse indices post weekly gain – Market capitalization up marginally at KD 24.68 bln

The KSE Indices witnessed a positive week as the KSE price index closed with 5,396.67 an increase of 1.36% up 72.62 points compared to the …

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Google beats Oracle in $9 billion Android ‘trial’ – Long-running copyright battle

SAN FRANCISCO, May 27, (RTRS): A US jury handed Google a major victory on Thursday in a long-running copyright battle with Oracle Corp over Android …

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