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Thursday , December 3 2020


Kuwait deficit pegged at KD 3.9b in FY15/16 – Government spending in line with budget projections

The interim public finance figures for the first eight months of fiscal year 2015/16 (FY15/16) point to a decline in government spending, as the price …

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Kuwait oil price in record fall to $24.12 pb

Kuwait oil price, in record decline, dropped $2. 32 reaching $24.12 per barrel on Thursday in contrast to $26.44 pb on Wednesday, Kuwait Petroleum Corporation …

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Samsung flags 15 percent increase in Q4 operating profit

Samsung Electronics on Friday flagged a 15 percent increase in 2015 Q4 operating profit, rounding off a year in which the world’s largest smartphone producer …

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Al Habtoor considers Egypt mega project – Al Arabiya TV Channel interviews chief of Al Habtoor Group

DUBAI, UAE, Jan 7: Khalaf Ahmad Al Habtoor, Chairman, Al Habtoor Group spoke to Al Arabiya TV Channel about an ambitious project he is considering …

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KFH launches its 2016 corporate campaign – Customers at the centerpiece of TV Ad

KUWAIT CITY, Jan 6: With the advent of the New Year, Kuwait Finance House’s (KFH) new corporate campaign launches with a magnificent renewed feel reflecting …

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Alghanim industries joins judging panels at AUM

KUWAIT CITY, Jan 6: Alghanim Industries, one of the largest private companies in the region, joined the judging panels for the Capstone Business Project Competition …

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Kuwait treads water as investors cautious – Zain slips 5 fils; NBK flat

KUWAIT CITY, Jan 6: Kuwait stocks trod water on Wednesday after heading south in the last two sessions. The main gauge inched 0.18 pts lower …

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Saudi-Iran split dashes chance of OPEC deal – Iranian exports to jump after sanctions

LONDON, Jan 6, (RTRS): The collapse in relations between Saudi Arabia and Iran after the Saudi execution of a Shi’ite cleric puts an end to …

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Kuwait bourse eases 4.15 pts; volume dip – KFH falls 10 fils; Americana gains

KUWAIT CITY, Jan 5: Kuwait stocks edged lower on Tuesday after the sharp losses in the last session. The bourse slipped 4.15 points in lackluster …

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Oil, global volatility weigh in 2015 – Capitalization down $200 bln

It was a tough year for regional stocks (and world stocks) with most markets ending 2015 well into negative territory. GCC equities underperformed most international …

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