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KIB awarded ‘Best Customer Acquisition in Kuwait’ by CPI Financial

Posted by on 08/05/2018
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KIB awarded ‘Best Customer Acquisition in Kuwait’ by CPI Financial

KIB awarded ‘Best Customer Acquisition in Kuwait’ by CPI Financial

KUWAIT: Kuwait International Bank (KIB) was awarded ‘Best Customer Acquisition in Kuwait’ for the year 2018 by CPI Financial. The bank received this award at the annual Islamic Business & Finance Awards ceremony, which was recently held in Dubai. The event was attended by a number of notable figures and representatives from leading banks and […]

Boursa Kuwait participates in 43rd IOSCO conference in Budapest

Posted by on 08/05/2018
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Boursa Kuwait participates in 43rd IOSCO conference in Budapest

Boursa Kuwait participates in 43rd IOSCO conference in Budapest

KUWAIT: Boursa Kuwait participated in the 43rd Annual International Organization of Securities Commissions (IOSCO) Conference in Budapest, Hungary, as an affiliate member. During the trip, Boursa Kuwait also took the initiative to meet with several international exchanges. Many securities regulators and capital market experts have participated in the 2018 IOSCO Annual Conference, which was hosted […]

Al-Ahli Bank of Kuwait named ‘Best Retail Bank in Kuwait’

Posted by on 08/05/2018
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Al-Ahli Bank of Kuwait named ‘Best Retail Bank in Kuwait’

Al-Ahli Bank of Kuwait named ‘Best Retail Bank in Kuwait’

Honor by Asian Banker for 3rd consecutive year KUWAIT: Al-Ahli Bank of Kuwait (ABK) was awarded the prominent ‘Best Retail Bank in Kuwait’ by the Asian Banker for the third year in a row. The coveted award is given each year by one of Asia’s most highly regarded independent financial research organization, which follows a […]

Zain partners with Erada Business Incubator to support Kuwait entrepreneurs

Posted by on 07/05/2018
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Zain partners with Erada Business Incubator to support Kuwait entrepreneurs

Zain partners with Erada Business Incubator to support Kuwait entrepreneurs

KUWAIT: Coinciding with the launch of the Zain Innovation Center (ZINC) at Zain’s head office on Sunday, Zain Group announced partnering with Erada Business Incubators, fully licensed and accredited by the Kuwait National Fund (NF) for Small and Medium Sized Enterprises. The initiative is aimed at preparing and building a thriving ecosystem for the startup […]

Zain Innovation Center startup hub opens in Kuwait

Posted by on 07/05/2018
Filed under Business, Top Stories

Zain Innovation Center startup hub opens in Kuwait

Zain Innovation Center startup hub opens in Kuwait

 KUWAIT: Zain Group, a leading mobile telecom innovator in eight markets across the Middle East and Africa, announces the opening of its Zain Innovation Center (ZINC) in Kuwait. Located within the Zain Head Offices, ZINC Kuwait falls within the company’s youth empowerment initiative led by Zain Vice-Chairman and Group CEO, Bader Al-Kharafi. The co-working […]

Boursa Kuwait hosts 3rd Investor Relations workshop MEIRA

Posted by on 07/05/2018
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Boursa Kuwait hosts 3rd Investor Relations workshop MEIRA

Boursa Kuwait hosts 3rd Investor Relations workshop MEIRA

KUWAIT: Building on the outcomes of its series of workshops in collaboration with the Middle East Investor Relations Association (MEIRA), Boursa Kuwait hosted its third Investor Relations (IR) workshop, aimed at raising awareness and knowledge of the key role of Investor Relations from the buy-side analyst’s perspective. The workshop took place at Boursa Kuwait’s Al-Kharafi […]

Burgan Bank Group’s Q1 net income reaches KD 20.4 million

Posted by on 07/05/2018
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Burgan Bank Group’s Q1 net income reaches KD 20.4 million

Burgan Bank Group’s Q1 net income reaches KD 20.4 million

Capital at comfortable levels with CAR of 16.6% KUWAIT: Burgan Bank Group announced yesterday its first quarter earnings for the financial year 2018. The set of results for the period ending in 31st March 2018 demonstrated a solid operating capabilities and efficiencies. Reported net income for 2018 first quarter grew year-on-year by 14 percent reaching […]

Workshop discusses importance of strengthening investor relations

Posted by on 07/05/2018
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Workshop discusses importance of strengthening investor relations

Workshop discusses importance of strengthening investor relations

NBK Capital participates in workshop by Boursa Kuwait and MEIRA KUWAIT: The regional asset management team participated in the National Investment Company under the chairmanship of Dr Hussein Shahrour and with the participation of Fahad Al-Yassin, Portfolio Manager and Eithar Al-Rasheed, portfolio analyst, in a workshop to discuss the institutional investment perspective on the importance […]

Gulf Bank showcases its WISE investment service at ECHO conference

Posted by on 07/05/2018
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Gulf Bank showcases its WISE investment service at ECHO conference

Gulf Bank showcases its WISE investment service at ECHO conference

KUWAIT: As part of Gulf Bank’s strong commitment to being a leader in the field of blockchain technologies, the Bank showcased its WISE Investment Service at the 2018 East Chain Open Hub (ECOH) Conference, entitled “The Modern Age of Enlightenment”, which took place on 2 and 3 May at Al-Shaheed Park in Kuwait City. Focusing […]

Sale of debt-laden Air India fails to take off

Posted by on 06/05/2018
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Sale of debt-laden Air India fails to take off

Sale of debt-laden Air India fails to take off

Key deadline looms with no bidder in sight MUMBAI: The Indian government’s attempt to sell debt-laden national carrier Air India is in danger of hitting the skids as a key deadline looms with no bidder in sight. Prime Minister Narendra Modi’s administration announced in March that it would privatize the beleaguered airline. But the plan […]

Gulf Bank voted ‘Best Retail Bank in Kuwait’ by The Banker Middle East

Posted by on 06/05/2018
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Gulf Bank voted ‘Best Retail Bank in Kuwait’ by The Banker Middle East

Gulf Bank voted ‘Best Retail Bank in Kuwait’ by The Banker Middle East

KUWAIT: Building on an already impressive start to 2018, Gulf Bank was awarded the distinction of ‘Best Retail Bank in Kuwait’ by Banker Middle East, the region’s leading banking industry magazine. The award recognizes the Bank’s outstanding performance in the retail sector and highlights its understanding of customers’ needs and its commitment to delivering superior […]

Gulf Insurance Group announces KD 3.3m net profit for Q1 2018

Posted by on 06/05/2018
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Gulf Insurance Group announces KD 3.3m net profit for Q1 2018

Gulf Insurance Group announces KD 3.3m net profit for Q1 2018

KUWAIT: Gulf Insurance Group (gig) announced a net profit of KD 3.3 million ($11.1 million), or 18.63 fils per share, for the financial period ended March 31, 2018 compared with KD 2.6 million ($8.7 million) for the same period last year with an increase of KD 0.7 million ($2.4 million) or 28.5 percent. This increase […]