Home » Archives by category » Business (Page 3)

Zain receives ‘Excellence in Talent Management’ award

Posted by on 08/11/2017
Filed under Business

Zain receives ‘Excellence in Talent Management’ award

Zain receives ‘Excellence in Talent Management’ award

During the fifth GCC GOV HR Awards 2017 held in Abu Dhabi KUWAIT: Zain, the leading telecommunications company in Kuwait, received the ‘Excellence in Talent Management’ award across the GCC region during the GCC GOV HR Awards 2017 held for the fifth consecutive year in Abu Dhabi. Zain Kuwait’s Human Resources Director Nawal Bourisli received […]

A year after cash ban, India’s black money market is thriving

Posted by on 08/11/2017
Filed under Business, Subcontinent, World

A year after cash ban, India’s black money market is thriving

A year after cash ban, India’s black money market is thriving

NEW DELHI: When India declared most bank notes unusable a year ago in an effort to flush out tax cheats, one steel manufacturer was so spooked he resolved to do business by the book in future. But 12 months on from the shock move, the industrialist says he has gone back to cash under the […]

KDIPA renews MoU with Oxford Business Group

Posted by on 08/11/2017
Filed under Business

KDIPA renews MoU with Oxford Business Group

KDIPA renews MoU with Oxford Business Group

KUWAIT: The Kuwait Direct Investment Promotion Authority (KDIPA) has renewed its memorandum of understanding (MoU) with OBG as a primary partner for the publishing firm’s forthcoming report on the country. Under the MoU, the authority – a longstanding partner of the group – will facilitate OBG’s research and interviews with high-ranking officials and private sector […]

DHL Express broadens its market share in Kuwait

Posted by on 08/11/2017
Filed under Business

DHL Express broadens its market share in Kuwait

DHL Express broadens its market share in Kuwait

Kuwait’s courier market volume is growing: Official KUWAIT: DHL Express Kuwait, a leading express logistics provider, has broadened its market share in Kuwait with a customer-centric strategy and innovative services and solutions. Speaking to Kuwait Times in an interview, Kuwait Country Manager Amr Tantawy gave a snapshot of DHL Express’ operations in Kuwait and explained […]

Kuwait inflation slips to a multi-year low of 0.5%

Posted by on 08/11/2017
Filed under Business

Kuwait inflation slips to a multi-year low of 0.5%

Kuwait inflation slips to a multi-year low of 0.5%

Deflationary housing costs compounded KUWAIT: Consumer price inflation slipped to a multi-year low of 0.5 percent in September, as deflationary housing costs were compounded by the fading impact of last year’s fuel price hikes. Inflation excluding housing rent and food costs, dipped from 4.2 percent y/y in August to 2.4 percent y/y in September, highlighting […]

AAOIFI conference discusses key hurdles to Islamic finance

Posted by on 08/11/2017
Filed under Business

AAOIFI conference discusses key hurdles to Islamic finance

AAOIFI conference discusses key hurdles to Islamic finance

KFH participates in the event as main sponsor KUWAIT: Kuwait Finance House Group (KFH-Group) participated in the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) conference as a main sponsor. The conference was held in the Kingdom of Bahrain on the 5th and 6th of November 2017. The conference was convened in partnership with […]

Reform or risk? Saudi investors try to read the runes

Posted by on 07/11/2017
Filed under Business

Reform or risk? Saudi investors try to read the runes

Reform or risk? Saudi investors try to read the runes

DUBAI/LONDON: Investors hope the sweeping anti-graft probe ensnaring some of Saudi Arabia’s top politicians and businessmen is a sign of reform but those holding its bonds worry about instability. Saudi stocks recovered their losses after the wave of arrests over the weekend, but bonds came under pressure as investors pondered the outlook for the kingdom. […]

Asia businesses brace for the unexpected Trump vows to reshape trading relationship during tour

Posted by on 07/11/2017
Filed under Business

Asia businesses brace for the unexpected Trump vows to reshape trading relationship during tour

Asia businesses brace for the unexpected Trump vows to reshape trading relationship during tour

  HONG KONG: Some businesses in Asia are bracing for the unexpected as President Donald Trump traverses the region and meets with the leaders of major US trading partners. Exporters are apprehensive, given Trump’s penchant for unpredictability, his vehement dislike for swollen US trade deficits, and his threats to rip up trade deals. Trump began […]

KFH wins ‘Best Consumer Digital Bank in Kuwait 2017’ award

Posted by on 07/11/2017
Filed under Business

KFH wins ‘Best Consumer Digital Bank in Kuwait 2017’ award

KFH wins ‘Best Consumer Digital Bank in Kuwait 2017’ award

KFH, KFH-Turkey win product innovation awards   Product innovation (Al Nuwair Deposit) for KFH, Product Innovation (New Generation Credit Card) for KFH-Turkey Awards KUWAIT: Kuwait Finance House (KFH) won “Best Consumer Digital Bank in Kuwait 2017” Award from Global Finance Magazine in the Middle East Category. Also, KFH and KFH-Turkey won Product innovation (Al-Nuwair Deposit), […]

Four Seasons Hotel Kuwait at Burj Alshaya celebrates grand opening

Posted by on 06/11/2017
Filed under Business, Kuwait, Other News

Four Seasons Hotel Kuwait at Burj Alshaya celebrates grand opening

Four Seasons Hotel Kuwait at Burj Alshaya celebrates grand opening

In presence of His Highness the Prime Minister KUWAIT: His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah was guest of honor yesterday at the grand official opening ceremony of Four Seasons Hotel Kuwait at Burj Alshaya, the leading luxury hospitality company’s first address in Kuwait. Representing Four Seasons and welcoming His Highness to […]

Kuwait to raise hydrogen-processed oil’s capacity to 758,000 bpd: KNPC

Posted by on 06/11/2017
Filed under Business, Kuwait, Other News

Kuwait to raise hydrogen-processed oil’s capacity to 758,000 bpd: KNPC

Kuwait to raise hydrogen-processed oil’s capacity to 758,000 bpd: KNPC

Hydrogen Remediation Conference 2017 underway KUWAIT: Kuwait’s capacity to handle the remaining oil with hydrogenation processing will be 758,000 barrels per day (bpd) by the completion of the Clean Fuel Project, compared with the current capacity of 228,000 bpd, Kuwait’s National Petroleum Company (KNPC) CEO Mohamed Al-Mutairi said yesterday. Mutairi said in a speech at […]

Saudi stocks hit by political purge

Posted by on 06/11/2017
Filed under Business

Saudi stocks hit by political purge

Saudi stocks hit by political purge

Gulf feels the chill as shares plummet LONDON: Saudi Arabia’s stock market fell over 1.5 percent yesterday as a purge by its Crown Prince on fellow royals, ministers and businessmen appeared to be widening, though it was offset by gains elsewhere including a record high for South Africa. The heaviest Saudi falls saw a near […]