Friday , October 19 2018

Business

Kuwait bourse edges up in volatile session

Humansoft Holding shines, Mabanee slips KUWAIT CITY, Sept 27: Kuwait stocks edged higher on Thursday to wind up the week on a positive note. The All Shares Index rose 8.14 points in volatile session to 5138.52 points paced by Humansoft Holding and some of the heavyweights even as the overall …

Read More »

CBK keeps rates on hold after Fed hike

Saudi, UAE, Bahrain and Qatar raise rates 25 bps, following Fed KUWAIT CITY, Sept 27, (Agencies): The Central Bank of Kuwait decided Wednesday to keep the discount rate unchanged at three percent and continue the current monetary policy. The decision is meant to enhance the competitive edge of the national …

Read More »

Kuwait & four other Gulf states to enter key JP Morgan bond indexes

Investor sees $30 bln inflow resulting from inclusion DUBAI, Sept 26, (RTRS): Saudi Arabia and four other Gulf states will enter JP Morgan’s emerging market government bond indexes next year, a move likely to lure billions of dollars of new foreign investment into their debt, according to a JP Morgan …

Read More »

Kuwait slips into red turf; volume shrinks

Humansoft Holding skids 86 fils, NBK ticks up KUWAIT CITY, Sept 26: Kuwait stocks slipped into red on Wednesday following last session’s rebound. The All Shares Index fell 6.12 points in a tame session to 5130.38 pts weighed by Humansoft Holding and some of the mid-caps even as the heavyweights …

Read More »

Zain launches zBot, the new face of smart customer service

First telecom company to offer interactive agent solution in Kuwait KUWAIT CITY, Sept 26: Zain, the leading telecommunications company in Kuwait, announced the launch of zBot, an all-new interactive digital channel for smart customer service, making it the first telecom company to launch this innovative solution in Kuwait. The new …

Read More »

Assima partners with Alghanim Industries & Sky Zone

Project sees 56% rise in leasing spaces KUWAIT CITY, Sept 26: Salhia Real Estate Company K.S.C has announced that its subsidiary, Assima Real Estate Company, has signed new partnership contracts for Assima project across several categories, including the leading entertainment brand ‘Sky Zone’ by Tamdeen Entertainment, and multibrands owner Alghanim …

Read More »

Kuwait unveils plan to attract direct investment, Finance Minister calls for reforms at Euromoney

Private sector plays a major role in development plan: Chamber of Commerce KUWAIT CITY, Sept 25, (KUNA): The Kuwaiti government has devised a strategy to lure direct investment as part of efforts to buoy a national development plan, said an official on Tuesday. Kuwait’s Direct Investment Promotion Authority (KDIPA) has …

Read More »

Kuwait banking system among the healthiest in GCC: Al Bahar

Industry is well positioned for future growth and ready to absorb any economic shocks Following is the speech by Shaikha Al Bahar, Deputy Group Chief Executive Offi cer, National Bank of Kuwait at Euromoney Kuwait Conference 2018. – Editor Good morning everyone. I am flattered to be addressing you today …

Read More »

EQUATE achieves over 50 million continuous safe work hours

Group notches another industrial record KUWAIT CITY, Sept 25: Continuing its industrial records, the EQUATE Group, a global producer of petrochemicals, achieved over 50 million continuous safe work hours without a day away from work case (DAWC) throughout its industrial complex in Kuwait. As the owner and single operator of …

Read More »

Kuwaiti stocks rev up amid renewed buying

KFH rallies 9 fils; Humansoft Holding dips KUWAIT CITY, Sept 25: Kuwait 2 stocks pulled higher on Tuesday reversing the two-day drop. The All Shares Index bounced 46.82 pts to 5136.50 pts paced renewed buying in blue chips and some of the mid-caps even as sentiment got a fillip following …

Read More »
Translate »
Social media & sharing icons powered by UltimatelySocial