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Thursday , December 3 2020

Business

Zain posts revenues of KD 1.14 bln for 2015 – Group records KD 154 mln net income; BoD recommends cash dividend of 30 fils per share

KUWAIT CITY, Feb 10: Zain Group, a leading mobile telecom innovator in eight markets across the Middle East and Africa, announces its consolidated financial results …

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Kuwait bourse heads south as volume dips – Jazeera Airways drops 10 fils; KNCC soars

KUWAIT CITY, Feb 10: Kuwait stocks headed south on Wednesday extending the losses to second straight session. The key index dropped 15.93 points to 5,147.87 …

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ABK records KD 30.4 mn net profit for 2015 – Group’s total assets at year-end rise by 24.6% to KD 4.36 bln

KUWAIT CITY, Feb 10:  Al Ahli Bank of Kuwait (ABK) today announced Operating Profits of KD 87.3 million for 2015, up 5.8 percent from last …

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Warba Bank records 770% growth in net profit for 2015 – Lender consolidates its position in local market, expands operations in regional and international markets

KUWAIT CITY, Feb 10: Warba Bank, which is one of the fastest growing banks in Kuwai toffering the entire spectrum of world-class Sharia compliant banking …

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Oil prices, monetary policies, EMs pose challenges to GCC economies – Markaz holds presentation on ‘Top GCC Risks for 2016 & Beyond’

KUWAIT CITY, Feb 9: Kuwait Financial Centre “Markaz” has recently held a presentation on “Top GCC Risks for 2016 & Beyond” for its clients and …

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GIRI launches 4th Management Development Program –

KUWAIT CITY, Feb 9: Gulf Insurance and Re-Insurance, the subsidiary of Gulf Insurance Group the leading insurance service provider in Kuwait and Middle East is …

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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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