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Sunday , January 19 2020


KSE index ends in red zone to close at 5,633.28 points – Oil and gas sector plunges to 788.5 points

KUWAIT CITY, Dec 13: Kuwait stocks plunged 52.87 points in the red to stand at 5,854.99 points at the start of the week as low …

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Exclusive discounts for Gulf Bank Priority Banking customers at Behbehani Boutique – Special offers to continue until Dec 15

KUWAIT CITY, Dec 12: Gulf Bank invites its Priority Banking customers to enjoy exclusive discounts at Behbehani’s Luxury Boutique in Al Hamra Luxury Centre in …

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EQUATE wins Innovation Tech Award – Project completed in 3 days with over $14 mln savings

Kuwait city, Dec 12: EQUATE Petrochemical Company, Kuwait’s first international joint-venture in this industry, received the Innovation Technology Award, an international recognition from the Dow …

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Crude oil price below $40 is not sustainable – Pure Speculation

It is not possible nor practical for oil prices to fall below $40 a barrel. Everybody is predicting that oil prices will decline to as …

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Stocks close in red; market cap down 1.11%

Kuwait Stock Exchange (KSE) ended last week in the red zone. The Price Index closed at 5,686.15 points, down by 1.77% from the week before …

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US retail sales, wholesale inflation rise in November – Producer prices increase 0.3 pct in Nov

WASHINGTON, Dec 11, (Agencies): A gauge of US consumer spending rose solidly in November, suggesting enough momentum in the economy for the Federal Reserve to …

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China’s November spending beats expectations led by loans, bonds – Beijing’s bank lending rebounds in November after stimulus

BEIJING, Dec 11, (RTRS): New loans and money supply grew faster than expected in China in November as interest rate cuts and higher government spending …

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Oil glut ‘worsening’ as demand growth slows – OPEC output booms

LONDON, Dec 11, (Agencies): Global oil markets will remain oversupplied at least until the end of 2016 as demand growth slows and OPEC output booms, …

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Jaguar Land Rover inks deal to build plant in Slovakia

Indian-owned Jaguar Land Rover (JLR) on Friday signed a deal to build a car manufacturing plant in Slovakia, its first such investment in continental Europe. …

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KAH holds talks with AUC delegation – ‘Al Habtoor Scholarship’, management changes among issues discussed

DUBAI, UAE, Dec 9: Khalaf Ahmad Al Habtoor welcomed a delegation from The American University in Cairo (AUC) led by Dr Tarek Shawki, Dean of …

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