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Saturday , January 25 2020

Business

AUBK continues its strong performance in ’15 – Bank posts KD 47 mln net profit

KUWAIT CITY, April 1: The Chairman of Ahli United Bank — Kuwait, Dr Anwar Ali Al-Mudhaf stressed in the general assembly convened on March 31 …

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Saudi to join oil ‘freeze’ only if Iran joins – Iraq oil exports rise to 3.259 million bpd in March

LONDON, April 1, (RTRS): Saudi Arabia will agree to freeze crude oil production levels only if Iran and other major producers do so, the kingdom’s …

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‘First day’ on job for Japan’s new recruits – Start of fiscal year

TOKYO, April 1, (AFP): Hundreds of thousands of Japanese started their first day on the job Friday in an annual ritual born from the country’s …

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China official factory activity expands but job losses mount – Economists see initial stabilization signs, no quick recovery

SHANGHAI, April 1, (RTRS): Activity in China’s manufacturing activity unexpectedly expanded in March for the first time in nine months, an official survey showed on …

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KSE climbs 18.55 pts amid surge in volume – Zain slips 5 fils; KIPCO stagnates

KUWAIT CITY, March 29: Kuwait stocks saw modest advance on Tuesday extending the gains in the last session. The main index climbed 13.55 pts to …

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NBK-Egypt posts EGP 575.6 mln net profit – Total assets up 35.7% y/y to EGP 37.6 bln in 2015

KUWAIT CITY, March 29: National Bank of Kuwait — Egypt, the subsidiary of National Bank of Kuwait Group (NBK) in Egypt, reported a net profit …

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Ooredoo signs MoU with KCC – Easy banking transfer

KUWAIT CITY, March 29: Ooredoo Kuwait, a member of the international Ooredoo Group, has recently announced signing a Memorandum of Understanding with Kuwait Clearing Company …

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Dubai non-oil foreign trade hits AED 1.283tn in ’15 – Sector continues to demonstrate strong performance and significantly contributes to country’s economic growth: Crown Prince

DUABI, March 29: Crown Prince of Dubai and Chairman of Dubai Executive Council His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum today announced …

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KIB 2015 net profit rises 17% to KD 16.1 mln – Assets up 8% to reach KD 1.79bn; Board recommends cash dividend of 9 fils per share

KUWAIT CITY, March 28: The Kuwait International Bank (KIB) announced a profit of KD 16.10 million for the year ending Dec 31, 2015, which is …

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GIG posts KD 14.09 mln net profit for 2015 – General Assembly approves cash dividend of 40 fils per share

KUWAIT CITY, March 28: The Gulf Insurance Group (GIG) Monday held its 54th ordinary general assembly meeting, announcing that it achieved a net profit of …

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