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Wednesday , August 12 2020


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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Market indices post heavy losses during week

Kuwait Stock Exchange (KSE) ended last week in the red zone. The Price Index closed at 5,475.15 points, down by 2.49% from the week before …

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2015 US job growth fueled by health care, business services – Consumer borrowing rises $14 billion in Nov

WASHINGTON, Jan 9, (AP): Nearly all sectors of the US economy contributed to the stellar job gains in 2015. But three stood out for their …

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Boeing orders fall by half in 2015 but deliveries hit record

NEW YORK, Jan 8, (AFP): Boeing aircraft orders fell by nearly half in 2015 even as deliveries rose to an annual record, the aerospace giant …

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Kuwait deficit pegged at KD 3.9b in FY15/16 – Government spending in line with budget projections

The interim public finance figures for the first eight months of fiscal year 2015/16 (FY15/16) point to a decline in government spending, as the price …

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Kuwait oil price in record fall to $24.12 pb

Kuwait oil price, in record decline, dropped $2. 32 reaching $24.12 per barrel on Thursday in contrast to $26.44 pb on Wednesday, Kuwait Petroleum Corporation …

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Samsung flags 15 percent increase in Q4 operating profit

Samsung Electronics on Friday flagged a 15 percent increase in 2015 Q4 operating profit, rounding off a year in which the world’s largest smartphone producer …

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Al Habtoor considers Egypt mega project – Al Arabiya TV Channel interviews chief of Al Habtoor Group

DUBAI, UAE, Jan 7: Khalaf Ahmad Al Habtoor, Chairman, Al Habtoor Group spoke to Al Arabiya TV Channel about an ambitious project he is considering …

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KFH launches its 2016 corporate campaign – Customers at the centerpiece of TV Ad

KUWAIT CITY, Jan 6: With the advent of the New Year, Kuwait Finance House’s (KFH) new corporate campaign launches with a magnificent renewed feel reflecting …

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