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Friday , January 24 2020


Doha meeting crucial for mkt – Deal key for stability

The upcoming meeting among the top oil producers to be held in Doha, Qatar on April 17, 2016 will have a crucial impact on the …

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Ali Alghanim set to ‘showcase’ certified pre-owned Rolls-Royce

KUWAIT CITY, April 8: Ali Alghanim & Sons Automotive, the sole authorized dealer of Rolls-Royce Motor Cars and the official importer of BMW and MINI …

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KSE indices log marginal gains – Market capitalisation edges 0.3 percent up to KD 24.79 billion

KUWAIT CITY, April 8: This has been a positive week for the indices. As KSE price index closed up a mere 0.03%, 5,230.44 up 1.69 …

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No more ‘free’ Saudi money for Egypt: Saudi businessman – Corruption in Egypt wheat sector widespread — Interior Ministry official

CAIRO, April 8, (RTRS): Saudi Arabia’s financial support for strategic ally Egypt will no longer involve “free money” and will increasingly take the form of …

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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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