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Friday , October 18 2019

Business

France, Germany halt Airbus export credit – Move follows UK corruption probe

PARIS/BERLIN, April 8, (RTRS): France and Germany have joined Britain in suspending export credit facilities for Airbus jet deliveries, expanding the fallout from a potential …

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KSE index rebounds amid buying ‘surge’ – KFH gains 10 fils; Zain flat

KUWAIT CITY, April 7: Kuwait stocks swung higher on Thursday to wind up the week on a positive note. The price index climbed 26.14 pts …

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NBK’s capital hike positive: Moody’s – Move to boost bank’s capital adequacy

KUWAIT CITY, April 7: Moody’s Investors Service said that National Bank of Kuwait’s (NBK) board of directors decision to increase the bank’s capital by 6.5%, …

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Gulf’s bond mkt thaws as panic over oil fades – Investors much more price-sensitive

DUBAI, April 7, (RTRS): Two issues in the Gulf’s international bond market this week show a panic over low oil prices has faded and foreign …

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Banks reject Mallya’s $600mn repayment offer

A group of Indian banks rejected Thursday embattled businessman Vijay Mallya’s offer to repay $600 million in unpaid loans, less than half of what his …

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ABK rewards ‘Best of the Best’ employees in Retail Banking

Al Ahli Bank of Kuwait (ABK) recently held its Annual ‘Best of the Best’ Awards ceremony on March 23, 2016 at the Jumeirah Hotel. This …

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CFA Kuwait hosts charter award ceremony – 19 new charterholders receive CFA charters

KUWAIT CITY, April 6: Last night, CFA Society Kuwait, the local chapter of CFA Institute, the global association of investment professionals that promotes the highest …

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Russia sees oil price of $45-$50 ‘acceptable’ – Doha deal may speed up market rebalance

MOSCOW, April 6, (RTRS): Russia believes an oil price at $45-$50 per barrel is acceptable to allow the global oil market to balance, as it …

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KSE index ticks up in lackluster trade – Ooredoo jumps 40 fils; KFH flat

KUWAIT CITY, April 6: Kuwait stocks edged higher on Wednesday after treading water in the last session. The bourse added 2.67 pts in lackluster trade …

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Signs point to deal on crude output: Kuwait OPEC governor – Official sees higher average prices second half

KUWAIT, April 5, (RTRS): All signs suggest a meeting of oil-producing countries on April 17 will deliver an agreement to freeze output, Kuwait’s OPEC governor …

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