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KSE swings 30.94 pts lower; volume shrinks – Al Jazeera Airways drops 10 fils; NBK gains

KUWAIT CITY, May 2; Kuwait stocks swung lower on Monday after eking modest gains in the last session. The price index slid 30.94 points to …

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Credit growth steady as deposits rebound

Credit growth saw a relatively moderate gain in February, though growth slipped to 7.5%. Total credit was up by KD 83 million during the month. …

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Oil price bottoming depends on ‘global growth’, says IEA – US output fall will take time to change despite price rally

KITAKYUSHU, Japan, May 1, (RTRS): International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed out, providing that the …

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Kuwait bourse rallies 3.12 pct during April

Kuwait Stock Exchange (KSE) ended April in the green zone. The Price Index closed at 5,391.81 points, up by 3.12 percent compared to the closings …

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KIB’s Arzaq deposit hits record annualized rate of 2.15% in Q1 –

KUWAIT CITY, May 1: Kuwait International Bank (Al-Dawli) announced that Arzaq Investment Deposit has achieved record annualized returns during the 1st quarter of 2016 with …

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KSE kicks off month with 11.62 pts uptick – KIPCO drops 10 fils; NAPESCO gains

KUWAIT CITY, May 1: Kuwait stocks kicked off the month with a modest rise after notching strong gains in April. The bourse climbed 11.62 points …

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EQUATE supports market growth by over 450% in 17 years – Company hosts gathering for local customers

KUWAIT CITY, April 30: EQUATE Petrochemical Company, Kuwait’s first international joint-venture in this industry, said that it supplied over 450,000 tons of Polyethylene (PE) to …

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KFH-Turkey boosting bilateral ties between GCC and Turkey: Al-Nahedh – Bank seeks to be one of top 10 banks in Turkey

KUWAIT CITY, April 30: Group CEO at Kuwait Finance House KFH Mazin Saad Al-Nahedh said that (KFH-Turkey) is the biggest participation bank with 35% shares …

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Kuwait’s strike ends without any info about actual results – Many questions remain unanswered

After three full days of the oil workers’ strike, it abruptly ended without any information about the actual results. Did the parties achieve their goals …

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Kuwait indices return to green zone – Financial services dominate total trade volume of 318.28 mln shares

Kuwait Stock Exchange (KSE) ended last week in the green zone. The Price Index closed at 5,391.81 points, up by 0.84% from the week before …

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