Tuesday , November 21 2017

Arab Times

ABK records net profit of KD 22.1mn for Q3 2017 – Total assets remain stable at KD 4.3 bln

KUWAIT CITY, Oct 25: Following strong growth in the first half of 2017, Al Ahli Bank of Kuwait (ABK) today revealed an Operating Profit of KD 71.2 million compared to KD 65.6 million in 2016, an increase of 8.5 percent. Net profit was KD 22.1 million, up 11.6 percent compared …

Read More »

Kuwait bourse climbs in choppy trade; volume up – Zain gains 10 fils; Americana tumbles

KUWAIT CITY, Oct 25: Kuwait stocks pulled higher on Wednesday recouping last session’s losses. The price index climbed 23.04 pts in choppy trade to 6,621.4 pts helped by last minute buying in select counters. The frontline stocks however closed mixed. The KSX 15 fell 1.93 pts to 995.1 points while …

Read More »

KFH support to SMEs dates back to 1980s, says Al Kharji – Bank playing significant role

KUWAIT CITY, Oct 25: Group Chief Corporate Banking Officer at Kuwait Finance House (KFH), Ahmed Soud Al Kharji said the bank is a pioneer in supporting the youth and the small and medium-sized enterprises SMEs, indicating this dates back to the 1980s. AlKharji made his statement during his participation in …

Read More »

notes … & nationalism – music in the matrix of political, historical challenges – Congress of arabic music in cairo, 1932

Dr Jean Lambert presented a lecture centred around the Congress of Arabic Music in Cairo, 1932, looking into the local and global impact of the sound recordings at the Yarmouk Cultural Centre on Monday evening, as part of the Dar Al Athar Al Islamiyyah’s 23rd cultural season. Dr Lambert is …

Read More »

‘Thank You’ ultimate tribute to vets – Hall’s film an engrossing eye-opener

The men and women who survive war and live to come home have had experiences a million miles removed from most of us. That’s why we’ve often depended on the movies to bring those traumas close. Yet the drama of the returning soldier has generated an image of the veteran …

Read More »

Police arrest 7 at Moscow premiere of tsar biopic – Pixar’s ‘Coco’ celebrates Mexico in times of Trump

MOSCOW, Oct 25, (AFP): Seven people were arrested Tuesday at a protest at the Moscow premiere of “Matilda”, a controversial biopic of the last tsar that has drawn threats from religious extremists, police said. Alexei Uchitel’s film has outraged hardline Orthodox believers, who view Tsar Nicholas II as a saint …

Read More »

Me too, moi aussi

CURRENTLY, there is a huge uproar around the world over the sexual misconduct scandal involving famous American film producer Harvey Weinsten – co-founder of the film company ‘Miramax’. This producer did not spare actresses from sexual misconduct, obviously in return for giving them roles in the films he is making. …

Read More »

DBA insurance mandatory for all cos doing business with US govt

With it being Discover America Week (A series of events hosted by the US Embassy, which highlight the close relationship between the USA and Kuwait), I felt compelled to discuss an American law that is applicable here in Kuwait. Defense Base Act (DBA). I know what many of you are …

Read More »

Kuwait’s Ambassador to US praises KFH role in global economy – Participation in IMF signifies role of Kuwaiti private sector: Al-Marzouq

KUWAIT CITY, Oct 23: Kuwait’s Ambassador to the United States Sheikh Salem Abdullah Al-Jaber Al-Sabah, praised Kuwait Finance House’s KFH participation in the IMF/World Bank Annual Meetings in Washington, DC, USA, indicating the instrumental role of the bank in the national and global economy. The ambassador’s statement was made during …

Read More »

Kuwait trade surplus steady in 2nd quarter – Imports growth holds firm

KUWAIT CITY, Oct 23: Kuwait’s trade surplus narrowed slightly to KD 1.5 billion in 2Q17, as softer oil prices led oil exports lower. Meanwhile, imports continued to improve after some weakness in 2016, thanks to solid capital goods imports data and some recovery in consumer goods. The surplus is slated …

Read More »
Translate »