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Kuwait bourse indices post weekly gain – Market capitalization up marginally at KD 24.68 bln

The KSE Indices witnessed a positive week as the KSE price index closed with 5,396.67 an increase of 1.36% up 72.62 points compared to the …

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Google beats Oracle in $9 billion Android ‘trial’ – Long-running copyright battle

SAN FRANCISCO, May 27, (RTRS): A US jury handed Google a major victory on Thursday in a long-running copyright battle with Oracle Corp over Android …

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$50 oil shouldn’t pose major threat to consumers, economy – Analysts say crude oil prices could rise further

NEW YORK, May 27, (AP): The price of oil topped $50 a barrel this week for the first time since July, delivering a cash infusion …

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How China’s Alibaba won and lost a ‘friend’ in Washington – Lobbying group reverses its position

SHANGHAI, May 27, (AP): In 2011, a respected anti-counterfeiting coalition in Washington escalated its fight against the Chinese e-commerce giant Alibaba, saying its websites served …

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Kuwait to ink $1 bln contract with Salini, Limak for Mutlaa – First phase of new 400,000-resident city

DUBAI, May 25, (RTRS): Kuwait is expected to sign within two weeks a $1 billion contract with Italy’s Salini Impregilo and Turkey’s Limak Construction for …

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KIPCO hosts ‘Speed of Trust’ seminar by Covey

KUWAIT CITY, May 25: The Kuwait Projects Company (KIPCO) hosted Stephen M.R. Covey on his first trip to Kuwait. Covey is a renowned keynote speaker …

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Kuwait’s index bounces 45.63 pts; volume soars – Mabanee Co gains 20 fils; Ooredoo slips

KUWAIT CITY, May 25: Kuwait stocks swung higher on Wednesday, as sentiment brightened on rising oil prices and positive regional cues The bourse, after a …

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Makkah metro project delayed by restructuring – Construction industry severely squeezed

DUBAI, May 25, (RTRS): A $16.5 billion mass transit project planned for Saudi Arabia’s holy city of Makkah has been delayed so that its financing …

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After oil collapse, India’s remittances from Gulf dip – Job losses soar

NEW DELHI, May 25, (RTRS): Having quit his low-paid job with a contractor in Qatar, electrician Kurian Joseph scrabbles for work each day in his …

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ALARGAN shareholders approve 10 pct cash dividend for 2015 – Company posts KD 16.7 million net profit; EPS 65.32 fils

KUWAIT CITY, May 24: ALARGAN International Real Estate Company today held its Annual General Meeting (AGM) for the fiscal year ending in Dec 31, 2015, …

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