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Business

Dubai Ruler launches aid and development foundation

The Ruler of Dubai launched a new foundation Sunday to consolidate a range of existing charitable and human development initiatives that aims to support more …

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Abu Dhabi’s ADWEA in talks with banks for $350 mln project bond

DUBAI, Oct 4, (RTRS): Monopoly utility Abu Dhabi Water & Electricity Authority (ADWEA) is in talks with banks about issuing a project bond as early …

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Kuwait’s Citizens Budget for FY 2015/16 released

KUWAIT CITY, Oct 4: Ministry of Finance recently released the Citizens Budget for fiscal year 2015/2016, which targets educating Kuwaiti citizens on the government’s overall …

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Emirates airlines hints at no orders during Dubai Airshow – Decision next year

DUBAI, Oct 4, (RTRS): Emirates airlines indicated on Sunday that it won’t be announcing any big orders at next month’s Dubai Airshow and said it …

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KSE sheds 12.88 pts as volume rebounds – NBK falls 10 fils; Americana jumps

KUWAIT CITY, Oct 4: Kuwait stocks headed south Sunday extending the losses from the earlier week. The price index slipped 12.88 pts to 5,707.77 points …

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Bahrain lifts meat subsidies as oil bites

Move to save money as low oil prices hit state finances MANAMA, Oct 3, (RTRS): Bahrain more than doubled the prices of beef and chicken …

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Market indices record losses during week

Trading volume average 141.75 million shares, up 17.63% Kuwait Stock Exchange (KSE) ended last week in the red zone. The Price Index closed at 5,720.65 …

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Shale producers emerge as market stabilizing element

Oil prices to remain stable blow $50 Almost one year ago in November 2014, Saudi Arabia relinquished its role of swing producer and oil prices …

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Price of investment buildings in Kuwait drops, experts say

Investors pessimistic KUWAIT CITY, Oct 3, (KUNA): A number of real estate experts said here Saturday that there was a visible drop in the price …

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KFH participates as primary dealer for sukuk issued by IILM

Volume traded affirms bank as global market maker, says Al-Roshoud KUWAIT CITY, Oct 3: Kuwait Finance House (KFH) participated as a primary dealer for short-term …

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