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Thursday , August 13 2020


Saudi says market reforms effective by mid-2017 – Move to attract foreign investment

DUBAI, May 5, (RTRS): Saudi Arabia will implement by the middle of 2017 planned reforms to stimulate the stock market and open it wider to …

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China’s car buyers seek more room and comfort; boost for ‘minivans’ – E-cars, self-driving could revolutionise car interiors

BEIJING, May 5, (RTRS): Even as Chinese car buyers feed a boom in crossovers and sport utility vehicles (SUVs), automakers are looking ahead to the …

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KSE continues to tread water; volume recedes – Americana dips 40 fils; KIPCO flat

KUWAIT CITY, May 4: Kuwait stocks continued to tread water for the second straight session on Wednesday. The bourse eased 2.19 points to 5,373.17 points …

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Saudi firms faring better in era of austerity – More pain lies ahead

DUBAI, May 4, (RTRS): Saudi Arabian companies are faring better in an era of austerity than many investors feared, but they face more pain in …

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Iran oil exports above 2 mln bpd

DUBAI, May 4, (RTRS): Iran’s oil exports have risen above 2 million barrels a day, the official news agency IRNA reported on Wednesday, citing Mohsen …

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AUB first qtr net profit rises 5% to $154.6mn – Total operating income grows by 6.3% to $280.5 mn

MANAMA, May 4: Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of US$ 154.6 million for the quarter ended …

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ABK awarded ‘Bank of the Year’ by Arabian Business – Bank recognized for successful ‘Simpler Banking’ strategy

KUWAIT CITY, May 3: Al Ahli Bank of Kuwait (ABK) won the ‘Bank of the Year’ award from Arabian Business, one of the foremost business …

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Malabar Gold & Diamonds opens 150th outlet – Kareena Kapoor Khan inaugurates showroom in Belagavi, India

KUWAIT CITY, May 3: Bollywood Actress Kareena Kapoor Khan launched 150th outlet of Malabar Gold & Diamonds on April 30th in the presence of   M.P. …

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FSI organizes discussion session on liquidity & risk – Event hosted by CBK

KUWAIT CITY, May 3: The Financial Stability Institute (FSI), which is affiliated to the Bank for International Settlements in Basel, Switzerland, organized an open discussion …

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Kuwait bourse little changed; volume up – Zain slips 5 fils; KIPCO unchanged

KUWAIT CITY, May 3: Kuwait stock was little changed on Tuesday after see sawing earlier in the week. The price index edged 2.87 points higher …

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