Tuesday , December 18 2018

Business

ABK net profit rises 18% in first quarter

Total assets reach KD 4.47 billion, up 3.6% KUWAIT CITY, April 30, (KUNA): Al Ahli Bank of Kuwait (ABK) today announced its financial results for …

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CBK-IFSB to hold Islamic finance conference on May 2

High-level confab to tackle key macro level issues on Islamic finance KUWAIT CITY, April 30: The Central Bank of Kuwait (CBK) and the Islamic Financial …

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Prince Alwaleed’s firm sells Movenpick Hotels to AccorHotels

DUBAI, April 30 (Reuters) – Prince Alwaleed bin Talal’s Kingdom Holding and its partners have agreed to sell Movenpick Hotels and Resorts to its associate …

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KFH reports KD 44 million net profit for Q1, 13.9% y/y rise; EPS 7.03 fils

Net financing income increases by 38.2% to KD 138.4 million for first quarter KUWAIT CITY, April 29: Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen …

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Vietnam refinery produces Octane 92: KPI

KUWAIT CITY, April 29, (KUNA): Kuwait Petroleum International (KPI) CEO Nabil Bourisli on Sunday said the Kuwaiti, Vietnamese and Japanese “Nghi Son Refinery” successfully produced …

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Saudi Aramco appoints new board members including a woman

DUBAI, April 29 (Reuters) – Saudi Aramco, the world’s top oil company, has appointed five new members to its board including a woman executive, the …

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Al Arfaj opens largest recycling plant in Mideast

‘Our Environment Household Wastes Recycling Plant’ has production capacity of 12 thousand tons per year KUWAIT CITY, April 28: Saud Al Arfaj, Chairman of Al …

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Zain concludes Strategic Partnership of Arab Media Forum

Zain Kuwait CEO Al Roudhan attends event KUWAIT CITY, April 28: Zain, the leading telecommunications company in Kuwait, concluded its Strategic Partnership of the 15th …

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Bid to prevent extension or renewal of contracts beyond original duration

KUWAIT CITY, April 28: Ministry of Finance has amended some provisions of Circular No. 2/2017 concerning regulations governing purchase in the government departments to prevent …

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‘Indian and Kuwaiti’ trade … A relation deeply rooted in history

KUWAIT CITY, April 26, (KUNA): Kuwaiti merchants of old had various interactions and business dealings with their counterparts in the region and beyond; however, trade …

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