Saturday , November 18 2017

Business

Saudia Cargo appoints Caesars Cargo Company as General Sales Agent in Kuwait – Our cargo business continues to expand: CEO Kumar

KUWAIT CITY, July 4: Saudia Cargo has appointed Caesars Cargo Company as their General Sales Agent (GSA) for the cargo operations in Kuwait. Caesars Cargo Company established in 2007 as a subsidiary of Caesars Travel Group has grown over the years and now representing the cargo operations of many leading …

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KFH recognizes CIBFS holders – Ceremony held to honor employees

KUWAIT CITY, July 4: Kuwait Finance House (KFH) held a ceremony to honor a batch of its employees who successfully completed Certified Islamic Banking and Financial Services program CIBFS. This emanates from KFH endeavors to recognize its human resources while continually training them and providing them with the necessary skills. …

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Kuwait index bounces, volume little changed – Americana jumps 99 fils; Ooredoo slips

KUWAIT CITY, July 4: Kuwait stocks rebounded on Tuesday stemming the four-day decline. The bourse bounced 73.55 pts to 6,638.77 points helped by renewed buying in select counters even as the trading remained anemic owing to lack of new catalysts. The KSX 15 benchmark rose 6.77 pts to 908.79 pts …

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‘India emerges into an opportunity’ – GST will not have major impact on remittance: Promoth Manghat

KUWAIT CITY, July 3: Promoth Manghat, CEO of UAE Exchange Group expressed his views on new Goods and Service Tax (GST) which came into effect in India on July 1. “The launch of GST is a historical decision for India. International media has been hailing it as a visionary constitutional …

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Kuwait bourse ‘extends’ losses to fourth session – Americana dives 150 fils; Ooredoo rebounds

KUWAIT CITY, July 3: Kuwait stocks swung lower on Monday, extending the losses to fourth consecutive session. The price index dipped 47.3 points in volatile trade to 6,565.22 points weighed by selling in select counters. The KSX 15 benchmark dropped 13.11 pts to 902.02 pts while weighted index was down …

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Oil weighs on GCC indices; EM inclusion hopes lift KSA – Emerging markets continue to outperform as foreign inflows pick up

Regional equities retreated in 2Q17, continuing to underperform international markets, with the exception of Saudi Arabia. The MSCI GCC ex-Saudi Arabia price index declined 5.2 percent on the quarter, with most regional markets closing in negative territory amid notably lower volumes. Saudi’s performance, however, was boosted late in the quarter, …

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Kuwait index tumbles as regional impasse weighs – NAPESCO dives 149 fils; NBK gains

KUWAIT CITY, July 2: Kuwait stocks swung sharply lower on Sunday as it kicked off the week on sour note. The bourse, after a tame start, tumbled 150.3 points to 6,612.52 points weighed by heavy selling in select counters. The heavyweights however closed mixed. The KSX 15 benchmark climbed 5.03 …

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Boursa indices wind up June in red zone

Boursa Kuwait ended June in the red zone. The Price Index closed at 6,762.82 points, down by 0.33% compared to the closings of the month before, the Weighted Index decreased by 1.27% after closing at 399.33 points, whereas the KSX-15 Index closed at 910.10 points decreasing by 0.62%. Furthermore, last …

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Golden Dalla company congratulates all Canadians – Canada’s 150th birthday

KUWAIT CITY, July 2: Canadians now witness a great and big celebration of their national day, which marks the 150th anniversary of the founding of the Canadian Federation. We Golden Dalla International Company, offer our warmest and most sincere congratulations to the Government and people of Canada on this great …

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Boursa Kuwait indices end on mixed note

Boursa Kuwait ended last week with mixed Performance. The Price Index closed at 6,772.09 points, down by 0.57% from the week before closing, the Weighted Index increased by 0.80% after closing at 402.97 points, whereas the KSX-15 Index closed at 920.21 points up by 2.10%. Furthermore, last week’s average daily …

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