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Wednesday , October 16 2019

Business

12 Pacific nations seal huge free trade deal – Obama welcomes TPP accord as good deal for ‘American workers’

ATLANTA, Oct 5, (Agencies): Twelve Pacific rim countries sealed the deal Monday on creating the world’s largest free trade area, delivering President Barack Obama a …

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Kuwait bourse climbs amid moderate buying – NAPESCO up 20 fils; Zain flat

KUWAIT CITY, Oct 5: Kuwait stocks pulled higher on Monday, stemming the four-day retreat. The bourse climbed 19.55 points to 5,727.32 helped by moderate buying …

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Moody’s assigns Baa1 to NBK’s Tier 2 bonds – Assigned rating first time in Kuwait and GCC

KUWAIT CITY, Oct 5: Moody’s Investors Service assigned a provisional Baa1 long-term local-currency rating to National Bank of Kuwait’s (NBK) planned issuance of Kuwaiti dinar-denominated …

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Tax from firms KD 1b

KUWAIT CITY, Oct 5, (KUNA): Finance Undersecretary Khalifa Hamadah said taxes levied by the State from companies operating in the country ranges between KD 800 …

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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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