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Business

Al Sayer announces winners of Yokohama ‘Save & Be Safe’ promotion

Mohamed Naser Al Sayer & Sons Co (MNSS), one of the Al Sayer Group of Companies held the third and the final draw to select …

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Kuwait edges slightly lower; volume jumps – NBK drops 10 fils; KIPCO gains

KUWAIT CITY, Jan 13: Kuwait stocks edged lower on Wednesday extending the decline to eighth straight session. The main index, after a tame start, closed …

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AAW welcomes French ambassador to Kuwait

KUWAIT CITY, Jan 12: Ali Abdulwahab Al Mutawa Commercial Co (AAW) today announced that Chairman and Managing Director of AAW, Faisal Ali Abdulwahab Al Mutawa …

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Airbus orders fly past Boeing in 2015 – European aircraft maker expects to raise deliveries to 650 in 2016

PARIS, Jan 12, (AFP): European aircraft maker Airbus said on Tuesday that plane orders dropped in 2015 from a year earlier, but were still way …

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Kuwait bourse drops 29.42 pts; volume dips – KIPCO sheds 20 fils; NBK flet

KUWAIT CITY, Jan 12: Kuwait stocks eroded further on Tuesday extending the losing streak to seventh consecutive day even as oil prices plumbed fresh 12-month …

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Trade surplus slips KD 1.8 bln in Q3 of 2015

Kuwait’s trade surplus narrowed in 3Q15 on the back of lower oil revenues. However, the surplus remains relatively healthy at 17% of GDP. The surplus …

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KSE dips 31.49 points amid weak sentiment – Americana dives 60 fils; NBK flat

KUWAIT CITY, Jan 11; Kuwait stocks sagged on Monday extending the losses to sixth straight session. The bourse, after wobbly start, dropped 31.49 points to …

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Kuwait Burgan Bank picks arrangers for KD 100m bond

DUBAI, Jan 11, (RTRS): Burgan Bank, Kuwait’s third-largest lender by assets, has picked two arrangers for a potential 100 million dinar ($329.4 million) bond, for …

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Bahrain govt cuts petrol subsidies – Oman sets new gasoline, diesel prices

DUBAI, Jan 11, (Agencies): Bahrain on Monday announced a hike of more than 50 percent in petrol prices following its cut in subsidies for energy …

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Saudi riyal stable: monetary chief – Govt takes measures to deal with low oil prices

RIYADH, Jan 11, (AFP): Saudi Arabia on Monday said its currency was stable despite volatility in the futures market as the kingdom takes unprecedented measures …

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