Home » Archives by category » Business (Page 2)

Why girls empowerment matters?

Posted by on 04/12/2018
Filed under Business, Top Stories

Why girls empowerment matters?

Why girls empowerment matters?

Sout Afkari – A modern concept to guide young girls through adolescence Exclusive Interview with Abdullah Al-Mansour, Al-Hamra Real Estate Co, discussing Sout Afkari – a modern concept to guide young girls through adolescence Kuwait Times: Al-Hamra is gearing up to launch a new community program, titled “Sout Afkari” that is gaining a lot of […]

Development of new industries explored in 2018 report on Kuwait

Posted by on 03/12/2018
Filed under Business

Development of new industries explored in 2018 report on Kuwait

Development of new industries explored in 2018 report on Kuwait

OBG launches latest publication on country’s economy KUWAIT: A new report from the global research and consultancy firm Oxford Business Group (OBG) looks in detail at Kuwait’s efforts to diversify its economy and develop key sectors earmarked for growth, including manufacturing and telecoms. The Report: Kuwait 2018 tracks the drive under way to boost the […]

Ooredoo launches eSIM with latest Apple Watch series 4 GPS+Cellular

Posted by on 03/12/2018
Filed under Business

Ooredoo launches eSIM with latest Apple Watch series 4 GPS+Cellular

Ooredoo launches eSIM with latest Apple Watch series 4 GPS+Cellular

Launch part of Ooredoo’s digital transformation strategy: Al-Thani KUWAIT: For the first time in Kuwait, exclusively for its clients, Ooredoo launched the eSIM with the latest Apple Watch series 4 GPS+Cellular. The launch was announced yesterday during a press conference held at its premises. Ooredoo is the first company to launch this service in Kuwait […]

Ahmad Al-Kandari wins ‘Best Facilities Management Executive Award 2018’

Posted by on 03/12/2018
Filed under Business

Ahmad Al-Kandari wins ‘Best Facilities Management Executive Award 2018’

Ahmad Al-Kandari wins ‘Best Facilities Management Executive Award 2018’

Accolade in recognition for Kandari’s success in running UFM as a mainstream industry provider KUWAIT: United Facilities Management Company K.S.C.C (UFM), a subsidiary of United Real Estate Company K.S.C.P (URC), one of the leading real estate development companies in the Middle East and North Africa; announced to its Vice Chairman and Chief Executive Officer Ahmad […]

Oil selloff triggers investor woes despite earnings improvement

Posted by on 02/12/2018
Filed under Business

Oil selloff triggers investor woes despite earnings improvement

Oil selloff triggers investor woes despite earnings improvement

Kuwait benchmarks perform well in November KUWAIT: A steep decline in oil prices during November-18 dampened investor sentiment during the month resulting in mixed performance of GCC markets. Kuwait recorded the best monthly performance followed by Bahrain and Qatar, while Dubai recorded the worst monthly performance declining for the fourth consecutive month which pushed the […]

Kuwait banks implement new loan guidelines

Posted by on 01/12/2018
Filed under Business, Kuwait, Other News

Kuwait banks implement new loan guidelines

Kuwait banks implement new loan guidelines

KUWAIT: Banks in Kuwait started in mid-November to implement the new Central Bank of Kuwait instructions on granting loans and personal finance operations, which raised the cap on consumer loans from 15 times the net monthly salary to 25 times to a maximum of KD 25,000 ($82,500). The new on maintained the maximum limit of […]

Kuwait overtakes Qatar to become Japan’s third oil provider

Posted by on 01/12/2018
Filed under Business, Kuwait, Other News

Kuwait overtakes Qatar to become Japan’s third oil provider

Kuwait overtakes Qatar to become Japan’s third oil provider

TOKYO: Kuwait’s crude oil exports to Japan in October jumped 28.3 percent from a year earlier to 7.11 million barrels, or 229,000 barrels per day (bpd), overtaking Qatar to become Japan’s third-biggest oil provider, Japanese government data showed. The volume of Kuwaiti oil bound for Japan rose for the first time in two months, providing […]

BRICS slam protectionism amid China-US spat

Posted by on 01/12/2018
Filed under America, Asia, Business, Europe, Middle East, Subcontinent, Top Stories, World

BRICS slam protectionism amid China-US spat

BRICS slam protectionism amid China-US spat

Trump threat to escalate tariffs on China overshadow G20 BUENOS AIRES: Chinese President Xi Jinping and the leaders of major developing economies condemned protectionism at a G20 summit in Argentina on Friday overshadowed by US President Donald Trump’s threat to escalate tariffs on China. This year’s two-day gathering is a major test for the Group […]

India’s economic growth slows as Modi prepares for re-election

Posted by on 01/12/2018
Filed under Business, Subcontinent, World

India’s economic growth slows as Modi prepares for re-election

India’s economic growth slows as Modi prepares for re-election

NEW DELHI: India’s economic growth fell to a worse-than-expected 7.1 percent in the July-September quarter, dragged down by a slower consumer spending and farm growth, in a setback for Prime Minister Narendra Modi who faces a national election by May. India’s growth is still faster than China’s 6.5 percent in the same quarter, but the […]

The asset quality of GCC banks is quite sound: Al-Marzouq

Posted by on 01/12/2018
Filed under Business

The asset quality of GCC banks is quite sound: Al-Marzouq

The asset quality of GCC banks is quite sound: Al-Marzouq

The use of KFH e-channels has grown in recent years KUWAIT: Kuwait Finance House KFH’s Chairman Hamad Al-Marzouq said that the overall financial position of the GCC banks is positive with solid capitalization as reflected by their average capital-asset ratio of around 18.7 percent, which is well above the minimum regulatory requirements. “The asset quality […]

Al-Dousari: EQUATE plays key role in transforming petrochemical industry

Posted by on 01/12/2018
Filed under Business

Al-Dousari: EQUATE plays key role in transforming petrochemical industry

Al-Dousari: EQUATE plays key role in transforming petrochemical industry

Group sponsors 13th annual Gulf Petrochemical & Chemical Association (GPCA) forum KUWAIT: EQUATE Group, a global producer of petrochemicals, sponsored the 13th annual Gulf Petrochemicals & Chemicals Association (GPCA) Forum, in support of the pioneering role of the Arabian Gulf’s industrial sector. The forum was held in Dubai and lasted for three days. A large […]

Saudi crown prince arrives in Argentina

Posted by on 29/11/2018
Filed under Business, Middle East, Top Stories, World

Saudi crown prince arrives in Argentina

Saudi crown prince arrives in Argentina

Trump heads to G20 summit BUENOS AIRES: US President Donald Trump jets to Argentina for a G20 summit, keen to do battle with China on trade and sharpening his rhetoric against Russia over Ukraine yesterday. The weekend summit is confronted with increasingly dire warnings, by the International Monetary Fund among others, of the potential harm […]