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KFH participates in a ceremony honoring distinguished students

KUWAIT CITY, April 29: Kuwait Finance House (KFH) participated in the honoring ceremony of the distinguished students at the College of Business Administration as part …

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KSE indices positive during the week – Market capitalization up by 0.7 pct to KD 25.13 bn

This has been a positive week for the indices. As KSE price index closed up 0.84%, 5391.81 up 44.86 points compared to the week before …

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Kuwait oil up to $39.64 pb

Kuwait oil price went up $61 cents on Thursday, reaching $40.25 per barrel (pb) against $39.64 pb on Wednesday, Kuwait Petroleum Corporation (KPC) said Friday. In …

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OPEC oil output near record high in April – Iran, Iraq supplies up

LONDON, April 29, (RTRS):  OPEC’s oil output rose in April to close to the highest level in recent history, a Reuters survey found on Friday, …

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‘NBK a key player in financing mega deals’ – Al Fulaij praises banking sector during signing ceremony of fuels project

KUWAIT CITY, April 28: Salah Al Fulaij, NBK-Kuwait Chief Executive Officer, said: “NBK has a long history in arranging and leading mega financing deals in …

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KNPC signs KD 1.2 bn loan for fuels project – KPC inks supply deal

KUWAIT CITY, April 28, (RTRS): State-owned refiner Kuwait National Petroleum Co (KNPC) signed on Thursday the first tranche of financing for its multi-billion-dollar Clean Fuels …

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Boubyan Bank gets nod for up to $250m sukuk issuance – First sukuk from Kuwait since 2007: CEO

KUWAIT CITY, April 28: Boubyan Bank announced that it has completed all the regulatory approvals to issue and market sukuk to strengthen its capital base …

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KSE winds up week with 37.39 pts drop – Americana tumbles 80 fils; NBK gains

KUWAIT CITY, April 28: Kuwait stocks headed south on Thursday to end the week on a sour note. The price index, after trading flat in …

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Jazeera Airways Q1 profit up 33 pct

KUWAIT CITY, April 27: Jazeera Airways today announced its financial results for the first quarter of 2016. The company registered a net profit of KD4.0 …

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UAE property prices may drop further in 2016: S&P

PARIS, April 27: Real estate prices in the United Arab Emirates (UAE) are likely to continue declining in 2016, says Standard & Poor’s Ratings Services …

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