ARAB TIMES – KUWAIT NEWS THE FIRST ENGLISH LANGUAGE DAILY IN FREE KUWAIT الكويت
The European Central Bank said Thursday it plans to issue a new 50-euro banknote early next year, as it gradually replaces all of its different …
Read More »ECB to launch new 50-euro banknote next year
Business
Kuwait bourse swings lower as crude retreats – Tamdeen Investment Co sheds 50 fils; KIPCO flat
KUWAIT CITY, June 15: Kuwait stocks swung lower on Wednesday after treading water in the day before. The bourse dropped 21.78 pts to 5,390.36 points …
Read More »Oil fundamentals remain volatile during May
Oil market fundamentals remained volatile during May-16 and at the start of June-16 resulting in a positive march in oil price that has now reached …
Read More »Fitch reaffirms KIB’s ‘A+’ ratings – Outlook stable
KUWAIT CITY, June 15: Fitch Ratings reaffirmed Kuwait International Bank’s Long Term Issuer Default Rating “A+”, Short Term Issuer Default Rating “F1” and Viability Rating …
Read More »At $50 a barrel, crude oil risks ‘reverse Goldilocks’ syndrome – US producers show signs of ramping up
LONDON, June 15, (RTRS): Oil’s battle to reclaim $50 a barrel may have left it in a sticky situation, where the price is too low …
Read More »AUB implements new electronic cheque clearing system – Move in line with Central Bank of Kuwait’s latest regulations
KUWAIT CITY, June 14: Ahli United Bank (AUB) announced today that it will soon stop receiving and processing cheques in Kuwaiti Dinars that are not …
Read More »India’s Mallya says being deemed ‘guilty without trial’ – ‘Heavily biased’ investigation
NEW DELHI, June 14, (AFP): Indebted tycoon Vijay Mallya accused Indian government agencies of deeming him “guilty without trial” and lambasted the country’s financial crime …
Read More »Kuwait bourse treads water; volume recedes – KFH slips 5 fils; Jazeera Airways flat
KUWAIT CITY, June 14: Kuwait stocks trod water on Tuesday as sentiment turned brittle amid slight retreat in oil prices. The price index inched 0.17 …
Read More »Burgan Bank says adopts new KECCS
KUWAIT CITY, June 13: Burgan Bank would like to draw the attention of its client that in the near future the bank will no longer …
Read More »Microsoft to buy networking site LinkedIn for $26 bln – Move to help refocus US tech giant around cloud computing and services
WASHINGTON, June 13, (AFP): Microsoft said Monday it was buying the professional social network LinkedIn for $26.2 billion in cash, a move that would help …
Read More »