KUWAIT CITY, Aug 15: KAMCO Investment Company today reported its financial results for the first half ended June 30, 2016. The Company recorded a net …
Read More »Business
NREC posts KD 7.6 mln net profit in first half – Operating revenues surge by 52 pct to KD 14.9 mln
KUWAIT CITY, Aug 14: National Real Estate Company (NREC), a leading regional asset manager and developer with development projects exceeding $1 billion in both Egypt …
Read More »KSE price index ends in green zone last week – By Bayan Investment
Kuwait Stock Exchange (KSE) ended last week in the green zone. The Price Index closed at 5,499.72 points, up by 0.74% from the week before …
Read More »S&P affirms Kuwait high rating … outlook stable – Large net asset positions
LIMASSOL, Aug 12: On Aug 12, S&P Global Ratings affirmed its ‘AA/A-1+’ long- and short-term foreign and local currency sovereign credit ratings on Kuwait. The …
Read More »KFH-Turkey posts net profit of TL 256m, assets rise 4.9% – Shareholders equity increase by 8 pct
KUWAIT CITY, Aug 11: Kuwait Finance House- Turkey (KFH-Turkey) has closed the first half of 2016 with a net profit to TL 256 million with …
Read More »What does Bank of England base rate cut mean for expats?
DUBAI, Aug 11: The Bank of England has cut the base rate for the first time in over seven years, reducing it from 0.5 percent …
Read More »Al Habtoor welcomes Lebanon’s former Minister of Justice
Al Habtoor Group Chairman, Khalaf Ahmad Al Habtoor received Major General Ashraf Rifi, Lebanon’s former Minister of Justice and Director General of the Lebanese Internal …
Read More »EQUATE continues global growth through its subsidiary MEGlobal
KUWAIT CITY, Aug 10: EQUATE Petrochemical Company, Kuwait’s first international joint-venture in this industry, continued its global growth through its wholly owned subsidiary MEGlobal with …
Read More »Dubai safe haven for investment: Al Habtoor – AHG chairman forecasts rise in property prices soon
DUBAI/UAE, Aug 9: In a statement to the media, Chairman of the Al Habtoor Group, Khalaf Ahmad Al Habtoor reaffirmed that Dubai is a safe …
Read More »‘Operational risk is significant threat facing financial bodies’ – Cyber attacks disrupting core operations: CBK Governor
KUWAIT CITY, Aug 9: Operational risk is one of the most significant risks faced by any financial institution, as evidenced by the major losses of …
Read More »