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Business

Experts discuss risk to oil investment – No OPEC, non-member output cuts discussed — delegates

VIENNA, Oct 21, (RTRS): A meeting of oil experts from OPEC and non-member countries discussed the risk that low oil prices would reduce investment in …

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Tijari records net profit of KD 25.4 mln for nine months – Bank continues to maintain lowest NPL ratio at 0.94%

KUWAIT CITY, Oct 21: Commercial Bank of Kuwait announced net profit of KD 25.4 million for the nine months period of 2015 compared with KD …

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KSE retreats 11.51 pts amid uptick in volume – Americana gains 20 fils; Humansoft tumbles

KUWAIT CITY, Oct 21: Kuwait stocks retreated on Wednesday snapping the three-day advance. The key gauge slipped 11.51 points to 5,793.41 pts in lackluster trade …

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Why optimism about the American economy’s strength has ‘dimmed’ – Overseas pressures

WASHINGTON, Oct 21, (AP): Consumers, fueled by job growth, cheaper gas and higher home values, would drive the US economy through a global slump. That …

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Kuwait Airways eyes profit in 2-3 years – Airlines seek to cut costs, improve efficiency

DUBAI, Oct 20, (RTRS): Kuwait Airways expects to make a profit within the next two to three years, its chief executive said on Tuesday, as …

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Kuwait consumer sector remains robust, says report – Employment among Kuwaiti nationals picks up slightly over last 12 months

KUWAIT CITY, Oct 20: The consumer sector continued to grow more rapidly than the rest of Kuwait’s economy despite some slowdown in growth. Household debt …

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Demand puts Ferrari on pole for Wall St debut – IPO first step in complete spin-off process

ROME, Oct 20, (AFP): Ferrari makes its stock market debut on Wall Street on Wednesday with owner Fiat Chrysler hopeful the luxury sports car maker …

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KSE extends advance with 20.55 pts gain – NBK climbs 10 fils; Zain flat

KUWAIT CITY, Oct 20: Kuwait stocks headed north Tuesday extending the gains to third consecutive session. The price index gained 20.55 points in choppy trade …

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Emirates Festival of Literature launches complete line-up for 2016 – Event to be held from March 1-12 … set to be a brilliant experience for all

DUBAI, Oct 20: Get ready for two weeks of literary action with the 2016 Emirates Airline Festival of Literature. James Bond author Anthony Horowitz, award-winning …

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ABK signs MoU with KOSAC – Move to improve competency of workforce

KUWAIT CITY, Oct 19: Al Ahli Bank of Kuwait (ABK) announced signing a Memorandum of Understanding (MoU) with Kuwait Occupational Standards, Assessment and Certification Centre …

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