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Business

Jazeera Airways 9M net profit rises 11.7% – Cash payouts to shareholders total KD 52.7 mln in 2015

KUWAIT CITY, Nov 4: Jazeera Airways today announced its third quarter financial results. The company recorded a 2.4 percent rise in net profit for the …

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Kuwait oil row as minister tries to shuffle top execs – Al-Omair says believes oil prices have bottomed out

KUWAIT CITY, Nov 4, (AFP): The chief of state-owned Kuwait Petroleum Corp has refused to carry out the oil minister’s decision to swap the CEOs …

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OPEC confidential report sees market share squeeze to 2019 – Iran recommends cartel set price target, adjust output

VIENNA, Nov 4, (RTRS): Global demand for OPEC’s crude oil will remain under pressure in the next few years, the producer group said in an …

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KSE index retreats amid choppy trade – Humansoft holding dives 90 fils; KIPCO flat

KUWAIT CITY, Nov 4: Kuwait stocks sagged on Wednesday, snapping the four-day upswing. The bourse dropped 19.39 points in choppy trade to 5774.86 points as …

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NBK launches new batches of High Fliers Program – Program organized in collaboration with AUB

KUWAIT CITY, Nov 3: National Bank of Kuwait has launched two new batches of the NBK High Fliers Program in collaboration with the American University …

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Kuwait bourse edges up in lackluster trade – Humansoft Holding gains 20 fils; NBK flat

KUWAIT CITY, Nov 3: Kuwait stocks pulled higher on Tuesday extending the advance to fourth consecutive session. The price index rose 9.45 pts in lackluster …

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Kuwait’s banking system stable: Moody’s – Sector supported by strong govt spending

LIMASSOL, Nov 3: Moody’s Investors Service has maintained its stable outlook on Kuwait’s banking system, reflecting the rating agency’s expectation of sustained government spending, which …

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KIPCO may seek partners in $5bn real estate deal

KUWAIT CITY, Nov 3, (RTRS):  KIPCO is ready to fund construction of its planned $5 billion real estate project in Kuwait, but is open to …

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Nissan logs 325.6bn yen net income for H1 – Automaker sells 2.62 million vehicles globally during the period

KUWAIT CITY, Nov 2: Nissan Motor Co, Ltd today announced first-half fiscal year financial results for the six-month period ending Sept 30, 2015. Nissan reported …

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Kuwait oil production hits 2.8mn bpd in 2014/15

KUWAIT CITY, Nov 2, (KUNA): Kuwait’s crude oil production hit 2.8 million barrels per day (bpd) by the end of the fiscal year 2014-2015, less …

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