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Sunday , October 25 2020

Business

KFH-Turkey issues capital-boosting $350 mln sukuk – KFH-Capital mandated to arrange the issue: Al-Marzouq

KUWAIT CITY, Feb 9: Kuwait Finance House Turkey (KFH-Turkey) issued Tier 2 capital-boosting sukuk worth USD 350 million to support its capital situation. The bank …

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KSE slides 45.48 pts amid drop in volume – NBK slips 10 fils; Americana extends rally

KUWAIT CITY, Feb 9: Kuwait stocks veered south on Tuesday extending snapping the three-day gains tracking weakness in regional and global markets. The bourse slid …

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Alghanim discusses future of jobs, gender equality in Davos – ‘New vision for Arab Employment’ initiative prepared 50,000 youth to join workforce in 2017

KUWAIT CITY, Feb 8: As part of the World Economic Forum that took place in Davos, Switzerland last month, which revolved around the theme of …

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NBK receives CBK approval to increase authorized capital – Move in line with bank’s plans to maintain healthy capitalization ratios

KUWAIT CITY, Feb 8: National Bank of Kuwait (NBK) received Central Bank of Kuwait approval to increase the bank’s authorized capital from KD 504 million …

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Kuwait bourse edges higher; volume jumps – Americana soars 200 fils; KFH slips

KUWAIT CITY, Feb 8: Kuwait stocks ticked up on Monday extending the gains to third consecutive day. The bourse rose 2.45 pts in dull trading …

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Spending robust despite lower revenue

The interim public finance figures for the first nine months of fiscal year 2015/16 (FY15/16) reveal the resilience of government spending, amid a sustained low …

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As Big Oil shrinks, boards plot different paths out of the crisis – US firms abandon deepwater projects for shale oil fields

LONDON/HOUSTON, Feb 7, (RTRS): As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting …

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KFH-Turkey sets up portfolio management firm KT Portföy – Company to operate as per principles of Sharia: Albayrak

KUWAIT CITY, Feb 7: Setting the course of the participation (Islamic) banking sector with its powerful capital, robust partnership structure, and 26-year history, Kuwait Finance …

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Al-Dawli net profit rises 17% to KD 16.1m in 2015 – Total assets up 8% to reach KD 1.79 billion

KUWAIT CITY, Feb 7: Sheikh Mohammed Al-Jarrah Al-Sabah, Chairman of Kuwait International Bank (Al Dawli) announced that during 2015, the Bank’s profits have grown by …

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KSE climbs 8.46 pts in lackluster trade – NBK gains 10 fils; Zain slips

KUWAIT CITY, Feb 7: Kuwait stocks nudged higher on Sunday after charting a strong rebound in the previous week amid strong earnings and uptick in …

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