ARAB TIMES – KUWAIT NEWS THE FIRST ENGLISH LANGUAGE DAILY IN FREE KUWAIT الكويت
GCC debt yields were volatile in 2015 but finally moved higher in the second half of the year. Rising US rates and further declines in …
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Kuwait indices gain, end losing streak – Market cap increases by 3.94%; volume soars 15.94%
Kuwait Stock Exchange (KSE) ended last week in the green zone. The Price Index closed at 5,010.39 points, up by 1.30% from the week before …
Read More »Crude prices to average just over $40 in 2016 – $42.5 a barrel
LONDON, Jan 29, (RTRS): Oil prices will average just over $40 this year, the biggest cut to monthly forecasts in a year, as an influx …
Read More »KSE indices gain amid upbeat earnings – Market cap rises by 4.4 pct to KD 23.63 billion
KUWAIT CITY, Jan 29: The KSE indices all witnessed a close in positive, after a long interval of a negative closings, amid many counters reporting …
Read More »Iran pushes OPEC oil output to new high – 290,000 bpd rise in Jan
LONDON, Jan 29, (RTRS): OPEC oil production has jumped to its highest in recent history in January as Iran increased sales following the lifting of …
Read More »How Saudi ‘defended’ its US crude mkt share – 1.2m bpd since 2009
John Kemp is a Reuters market analyst. The views expressed are his own. — Editor By John Kemp LONDON, Jan 29, (RTRS): Saudi Arabia has …
Read More »Gulf Bank net profit rises 10% in 2015 – Bank’s total assets reach KD 5,438 million; 4 fils per share cash dividend recommended
KUWAIT CITY, Jan 28: Gulf Bank today announced an operating profit before provisions of KD 108 million for the year ended, 31 December 2015, and …
Read More »KFH posts KD 145.8 mln net profit for 2015 – Board recommends 17% cash dividends 10% bonus shares, 31.1 fils EPS
KUWAIT CITY, Jan 28: Kuwait Finance House (KFH) Chair-man, Hamad Abdulmohsen Al-Marzouq said that KFH, by the Grace of Allah and His Blessings, has posted …
Read More »Apple image bruised by slowing sales – Fears that ‘wow’ days over
SAN FRANCISCO, Jan 28, (AFP): Apple’s image took a bruising Wednesday amid signs of a shift from wowing the world with wonders to making steady …
Read More »KSE extends rebound, closes above 5,000 pts – NBK rallies 20 fils; Ooredoo flat
KUWAIT CITY, Jan 28: Kuwait stocks swung above the 5,000 pts mark on Thursday to end week on a positive note as oil prices edged …
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