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Tag Archives: KFIC

KFIC posts 2016 profit of KD 211K

KUWAIT CITY, April 8: Kuwait Finance and Investment Company KFIC announced its financial results for the year ended Dec 31, 2016 in which it yielded a net profit of 211 thousand Kuwaiti Dinars at an EPS of 0.70 fils per share, compared with a profit worth of 985 thousand Kuwaiti …

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GCC economies adjust to low oil prices

Kuwait Finance and Investment Company (KFIC) clarified in its financial annual report that the International markets closed the year 2016 in bullish territory after enduring a difficult start to the year, with positive economic data coming from Advanced Economies and Emerging Markets. Geopolitical events continued to impact economies on a …

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