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Business

Kuwait stocks plunge amid volatile trading – Americana sheds 40 fils, Burgan Bank gains 5 fils

KUWAIT CITY, June 26: Kuwait stocks dropped sharply on Sunday in the first trading session after Britain voted to leave the European Union. The price …

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Saudi non-oil GDP growth to slow to 2.8% – April imports plunge

DUBAI, June 26, (RTRS): Growth in Saudi Arabia’s non-oil gross domestic product is expected to slow to 2.8 percent in 2016 from 3.4 percent in …

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ATAHUB wins Kuwait E-Content award – Organization invites all to participate in #all4ata campaign

KUWAIT CITY, June 26: ATAHUB organization, an online platform, celebrated winning the third place in Kuwait Award for E-Content, which is the second prize the …

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KFH announces launch of new e-service for customers – Unique service allows clients constant monitoring of banking accounts: Al Obaid

KUWAIT CITY, June 25: Kuwait Finance House (KFH) announced today the successful launch of a new e-service which allows KFH customer subscribed to KFH’s SMS …

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FDI in Kuwait reaches $293 mn in 2015 – Inflows to US more than doubled to $380 bn last year

G lobal FDI inflows in 2015 increased for the first time after three consecutive years of decline reaching record levels since the financial crises. Total …

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Saudi Arabia is back to balance oil mkt again – Move could boost prices by over $3

In a short and simple sentence, the head of Saudi Aramco announced last week in the USA that, “The oil glut is over and we …

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Bourse ends in green as volume rises – Market cap hits KD 23.04 bln, up 0.46%

Kuwait Stock Exchange (KSE) ended last week in the green zone. The Price Index closed at 5,407.99 points, up by 0.24% from the week before …

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World stocks ‘tumble’ as UK votes to leave Europe – Sterling hits 31-year low, oil falls more than six pct

NEW YORK, June 24, (Agencies): Global stock markets lost about $2 trillion in value on Friday after Britain voted to leave the European Union, while …

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Global banks seek to reassure investors, clients after ‘Brexit’ – JPMorgan warns about jobs may leave Britain

LONDON, June 24, (AFP): Global banks sought to reassure investors and clients Friday that they will absorb the impact of Britain’s vote to leave the …

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Finmin says India wants more manufacturers

BEIJING, June 24, (AP): India wants to attract manufacturing investment following its latest market-opening initiatives, the country’s finance minister said Friday, despite business concerns about …

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