Wednesday , February 20 2019

Business

Kuwait denies cash buy to shore up lira

Stab in back: Erdogan KUWAIT CITY, Aug 13, (Agencies): Kuwait has rebuffed as “ungrounded” reports that it injected KD 500 million ($1.6 billion) to back …

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Zewail City and NBK ink EGP 6.25 mln cooperation protocol

Deal to fund 10 scholarships over a period of 5 years KUWAIT CITY, Aug 13: Zewail City of Science and Technology and NBK ink EGP …

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MEW policy change causing $2m loss for Al-Zour Refinery

Arab official touts Kuwait’s youth backing KUWAIT CITY, Aug 13: The loss borne by Al-Zour Refinery due to the change in the policy of Ministry …

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Investors in Turkey eye return of forex markets following dramatic lira decline

Real estate experts split on the impact of the currency’s woes on sector KUWAIT CITY, Aug 12: Investors in Turkey are looking forward to the …

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Kuwait equities retreat into red, volume drops

KFH shed 10 fils, KIPCO flat KUWAIT CITY, Aug 12: Kuwait stocks swung lower on Sunday following last week’s winning spree. The All Shares Index …

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Turkey shaken by financial fears, Kuwaiti investors become jittery

Trump rattles it further with promise to double tariffs ANKARA, Aug 11, (Agencies) : Kuwaiti investors in Turkey are becoming jittery following the decline in …

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Oil companies show us your books

‘Be more transparent’ Some leading international consultancy houses are asking international oil companies to open their books and reveal future oil prices especially since the …

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Boursa Kuwait ends trading in green

Boursa Kuwait ended last week in the green zone. The Premier Market Index closed at 5,455.85 points, up by 1.99%, the Main Market Index increased …

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Kuwait winds up week with slight ‘pullback’

Mabanee jumps 14 fils; KFH trips KUWAIT CITY, Aug 9: Kuwait stocks saw a slight pullback on Thursday snapping the six-day gaining spree. The All …

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Mezzan Holding reports H1 net profit of KD 6.8mn

Group revenue rises 1.5% to KD 109.4mn during first half KUWAIT CITY, Aug 9: Mezzan Holding KSC, one of the largest manufacturers and distributors of …

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