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How Saudi ‘defended’ its US crude mkt share – 1.2m bpd since 2009

John Kemp is a Reuters market analyst. The views expressed are his own.                        — Editor By John Kemp LONDON, Jan 29, (RTRS): Saudi Arabia has …

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Gulf Bank net profit rises 10% in 2015 – Bank’s total assets reach KD 5,438 million; 4 fils per share cash dividend recommended

KUWAIT CITY, Jan 28: Gulf Bank today announced an operating profit before provisions of KD 108 million for the year ended, 31 December 2015, and …

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KFH posts KD 145.8 mln net profit for 2015 – Board recommends 17% cash dividends 10% bonus shares, 31.1 fils EPS

KUWAIT CITY, Jan 28: Kuwait Finance House (KFH) Chair-man, Hamad Abdulmohsen Al-Marzouq said that KFH, by the Grace of Allah and His Blessings, has posted …

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Apple image bruised by slowing sales – Fears that ‘wow’ days over

SAN FRANCISCO, Jan 28, (AFP): Apple’s image took a bruising Wednesday amid signs of a shift from wowing the world with wonders to making steady …

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KSE extends rebound, closes above 5,000 pts – NBK rallies 20 fils; Ooredoo flat

KUWAIT CITY, Jan 28: Kuwait stocks swung above the 5,000 pts mark on Thursday to end week on a positive note as oil prices edged …

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Al-Habtoor welcomes the new US envoy to Dubai Paul Malik – Economic issues discussed

DUBAI, UAE, Jan 28: Khalaf Ahmad Al Habtoor, Chairman, Al Habtoor Group received the new US Consul General to Dubai on Jan 28 at the …

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ABK ‘One Tap Touch ID’ now live – Mobile banking made simpler with latest upgrade

KUWAIT CITY, Jan 27: As part of ABK’s strategy to make banking ‘simpler’ for customers, the Bank today announced the latest upgrade to its Mobile …

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ALAFCO records net profit of KD 3 million – EPS clocks 3.7 fils

KUWAIT CITY, Jan 27: Vice-Chairman of the Board and Chief Executive Officer of ALAFCO Aviation Lease and Finance Company (ALAFCO), Ahmad A. Alzabin, announced that …

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KSE climbs 32.74 pts amid surge in volume – NBK rallies 10 fils; Jazeera Airways drops

KUWAIT CITY, Jan 27: Kuwait stocks staged a modest rebound on Wednesday as it extended the volatile streak from start of the week. The bourse …

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Apple sees 1st sales dip in more than a decade – Super-growth era falters

SAN FRANCISCO, Jan 27, (RTRS): Apple Inc forecast its first revenue drop in 13 years and reported the slowest-ever increase in iPhone shipments as the …

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