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Business

Iran oil exports above 2 mln bpd

DUBAI, May 4, (RTRS): Iran’s oil exports have risen above 2 million barrels a day, the official news agency IRNA reported on Wednesday, citing Mohsen …

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AUB first qtr net profit rises 5% to $154.6mn – Total operating income grows by 6.3% to $280.5 mn

MANAMA, May 4: Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of US$ 154.6 million for the quarter ended …

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ABK awarded ‘Bank of the Year’ by Arabian Business – Bank recognized for successful ‘Simpler Banking’ strategy

KUWAIT CITY, May 3: Al Ahli Bank of Kuwait (ABK) won the ‘Bank of the Year’ award from Arabian Business, one of the foremost business …

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Malabar Gold & Diamonds opens 150th outlet – Kareena Kapoor Khan inaugurates showroom in Belagavi, India

KUWAIT CITY, May 3: Bollywood Actress Kareena Kapoor Khan launched 150th outlet of Malabar Gold & Diamonds on April 30th in the presence of   M.P. …

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FSI organizes discussion session on liquidity & risk – Event hosted by CBK

KUWAIT CITY, May 3: The Financial Stability Institute (FSI), which is affiliated to the Bank for International Settlements in Basel, Switzerland, organized an open discussion …

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Kuwait bourse little changed; volume up – Zain slips 5 fils; KIPCO unchanged

KUWAIT CITY, May 3: Kuwait stock was little changed on Tuesday after see sawing earlier in the week. The price index edged 2.87 points higher …

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NBK leads Kuwaiti banks with largest ATM network – 260 ATMs in 170 locations

KUWAIT CITY, May 2: National Bank of Kuwait (NBK) enjoys the largest ATM network in Kuwait with more than 260 ATMs that provide withdrawals and …

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Markets react positively towards higher oil prices

Kuwait Finance and Investment Company (KFIC) clarified in its financial report for April; that the global equities rebounded during the month as the MSCI World …

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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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