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Business

KSE index retreats amid choppy trade – Humansoft holding dives 90 fils; KIPCO flat

KUWAIT CITY, Nov 4: Kuwait stocks sagged on Wednesday, snapping the four-day upswing. The bourse dropped 19.39 points in choppy trade to 5774.86 points as …

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NBK launches new batches of High Fliers Program – Program organized in collaboration with AUB

KUWAIT CITY, Nov 3: National Bank of Kuwait has launched two new batches of the NBK High Fliers Program in collaboration with the American University …

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Kuwait bourse edges up in lackluster trade – Humansoft Holding gains 20 fils; NBK flat

KUWAIT CITY, Nov 3: Kuwait stocks pulled higher on Tuesday extending the advance to fourth consecutive session. The price index rose 9.45 pts in lackluster …

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Kuwait’s banking system stable: Moody’s – Sector supported by strong govt spending

LIMASSOL, Nov 3: Moody’s Investors Service has maintained its stable outlook on Kuwait’s banking system, reflecting the rating agency’s expectation of sustained government spending, which …

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KIPCO may seek partners in $5bn real estate deal

KUWAIT CITY, Nov 3, (RTRS):  KIPCO is ready to fund construction of its planned $5 billion real estate project in Kuwait, but is open to …

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Nissan logs 325.6bn yen net income for H1 – Automaker sells 2.62 million vehicles globally during the period

KUWAIT CITY, Nov 2: Nissan Motor Co, Ltd today announced first-half fiscal year financial results for the six-month period ending Sept 30, 2015. Nissan reported …

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Kuwait oil production hits 2.8mn bpd in 2014/15

KUWAIT CITY, Nov 2, (KUNA): Kuwait’s crude oil production hit 2.8 million barrels per day (bpd) by the end of the fiscal year 2014-2015, less …

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OPEC squabbles over oil price, maximizing revenue – report – Iran, Algeria say cartel should dust off quota system

VIENNA, Nov 2, (RTRS): Internal OPEC squabbles are on the rise as members argue about the need to support a fair oil price and boost …

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Kuwait index nudges higher; volume rises – Americana soars 40 fils; Zain slips

KUWAIT CITY, Nov 2: Kuwait stocks nudged higher on Monday extending the gains to third straight session. The bourse rose 5.06 pts in slightly volatile …

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VIVA logs KD 32.8 mn net profit in 9-month – Total revenues rise 17 pct y/y to KD 204 million

KUWAIT CITY, Nov 1: VIVA, Kuwait’s fastest-growing and most developed telecom operator, announced its financial results for the nine-month period to Sept 30, 2015. The …

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