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Wednesday , January 29 2020


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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Projects worth KD 18 bln awarded in 2014-15 yet to impact economy – 97% of contracts awarded to contractors instead of PPPs

KUWAIT CITY, March 28: Marmore MENA Intelligence, a subsidiary of Kuwait Financial Centre “Markaz”, recently released a research report highlighting the projects landscape across sectors …

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KSE index firms up amid sluggish trade – KFH rallies 20 fils; Gulf Bank ticks up

KUWAIT CITY, March 28: Kuwait stocks swung higher on Monday recouping some of the losses in the day before. The bourse rose 10.24 points in …

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CBK praised for Kuwait’s financial stability – Cenbank policies cushion impact of dwindling oil prices

KUWAIT CITY, March 27, (KUNA): Drastic fall of crude oil prices has brought to the surface enormous difficulties facing Kuwait economic and financial decision-making authorities. …

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Workers suffer in Saudi as once-mighty Hariri firm falters – Poor management at Saudi Oger blamed, compounded by Kingdom’s economic challenges

RIYADH, March 27, (AFP): He’s had no salary for six months, he cannot pay his children’s school fees and his permit to reside in Saudi …

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Agility posts KD 53 mln net profit for 2015 – Board proposes dividend distribution of 30 fils per share, plans buy-back

KUWAIT CITY, March 27: Agility announced its 2015 financial results, reporting a net profit of KD 53 million, or 46.41 fils per share, an increase …

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