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Business

KSE dips 31.49 points amid weak sentiment – Americana dives 60 fils; NBK flat

KUWAIT CITY, Jan 11; Kuwait stocks sagged on Monday extending the losses to sixth straight session. The bourse, after wobbly start, dropped 31.49 points to …

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Kuwait Burgan Bank picks arrangers for KD 100m bond

DUBAI, Jan 11, (RTRS): Burgan Bank, Kuwait’s third-largest lender by assets, has picked two arrangers for a potential 100 million dinar ($329.4 million) bond, for …

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Bahrain govt cuts petrol subsidies – Oman sets new gasoline, diesel prices

DUBAI, Jan 11, (Agencies): Bahrain on Monday announced a hike of more than 50 percent in petrol prices following its cut in subsidies for energy …

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Saudi riyal stable: monetary chief – Govt takes measures to deal with low oil prices

RIYADH, Jan 11, (AFP): Saudi Arabia on Monday said its currency was stable despite volatility in the futures market as the kingdom takes unprecedented measures …

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Al Sayer Group holds Annual Employee Convention 2015 – Co recognizes outstanding customer service efforts and honors ‘Best In The Business’ teams

KUWAIT CITY, Jan 10: Al Sayer Group, one of the leading conglomerates in the region held the Annual Employee Convention 2015 to recognize outstanding customer …

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Cadillac Alghanim launches promo on ATS, SRX, Escalate – Step into 2016 captivating luxury

KUWAIT CITY, Jan 10: New years come and go, but luxury is timeless. Yusuf A. Alghanim & Sons Automotive, the sole distributor of Cadillac vehicles …

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Saudi’s Aramco would sell its downstream ops, not upstream – Stock market in poor shape to absorb big share sale

KHOBAR, Saudi Arabia/DUBAI, Jan 10, (RTRS): Saudi Arabia is considering selling shares in refining ventures with foreign oil firms but would not offer a stake …

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KSE sinks further amid broad selling – NBK dips 20 fils; Americana gains

KUWAIT CITY, Jan 10: Kuwait stocks veered lower on Sunday extending the downtrend from the previous week. The price index, after a tame start, dived …

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Riding record sales, show to dazzle with 40 new models – Obama to visit Detroit Auto Show

WASHINGTON, Jan 9, (AFP): President Barack Obama said Saturday that he would visit the Detroit Auto Show this month so he can personally see how …

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Global oil prices dip again, but not for long – Tensions not helping in market recovery

With the current rate of $32 per barrel, the oil price is the lowest since 2004. For how long will this remain? Prior to the …

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