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Wednesday , March 3 2021


Moody’s revises outlook on Saudi Arabia banking system to negative – Persistently low oil prices, spending cuts weigh on sector

DUBAI, March 16: Moody’s Investors Service has changed its outlook for the Saudi Arabian banking system to negative from stable, according to its latest outlook …

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Kuwait stocks retreat amid ‘sluggish’ trade – Americana sheds 20 fils; Zain flat

  KUWAIT CITY, March 16: Kuwait stocks pulled lower on Wednesday, as it extends its volatile course. The bourse dropped 13.88 points in lackluster trade …

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Al Habtoor awards top talent at Employee Excellence Awards – Chairman presents total of 24 awards to commend high performers across Group

DUBAI, UAE, March 15: The Chairman of the Al Habtoor Group, Khalaf Ahmad Al Habtoor, recognized top talent at the Al Habtoor Group of companies …

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Kuwait index edges higher; volume dips – NBK slips 10 fils, Mabanee Co flat

KUWAIT CITY, March 15: Kuwait stocks nudged higher on Sunday after falling sharply in the last session. The main index rose 3.6 points in choppy …

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Financing needs for GCC at $151.3bn in 2016 – Bonds expected to cover 38% of it: Raghu

KUWAIT CITY, March 15: Kuwait Financial Centre “Markaz” recently held a presentation on “Forecasting Sovereign Debt Issuances in GCC” in collaboration with Kuwait Banking Association …

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KNPC close to $3 billion loan to part-fund refineries revamp

DUBAI, March 15, (RTRS): Kuwait National Petroleum Company (KNPC) expects to close the first phase of funding for its multi-billion-dollar Clean Fuels Project with local …

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Zain offers new Galaxy S7 and Galaxy S7 Edge

KUWAIT CITY, March 15: Zain, the leading telecommunications company in Kuwait, launched its latest Galaxy S7 and Galaxy S7 Edge with plans for postpaid customers …

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Markaz hosts group of BBS senior students – Employment options in financial services deicussed

KUWAIT CITY, March 14: As part of its Corporate Social and Economic Responsibility (CSER), Kuwait Financial Centre “Markaz” hosted a group of Bayan Bilingual School …

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KSE sheds 48.35 pts amid profit booking – NBK drops 20 fils; Jazeera Airways gains

KUWAIT CITY, March 14: Kuwait stocks swung lower on Monday erasing the last week’s gains. The price index slid 48.35 pts to 5240.19 points weighed …

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AUB names winners of ‘Al Hassad Islamic Saving’ draw

KUWAIT CITY, March 14: “Ahli United Bank” announces winners in its weekly draw in “Al Hassad Islamic Saving” Program. Ahli United Bank held its weekly draw …

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