Monday, January 21, 2019

India is Kuwait’s 3rd trade partner

KUWAIT: Kuwait has ranked third among commercial partners with Kuwait with the imports from the Asian nation amounting to $1.83 billion in 2016, member...

ALAFCO to lease Air India 14 Airbus aircraft

HYDERABAD: The Kuwait-based ALAFCO Aviation Lease and Finance Company announced that it has signed an agreement with Air India for the lease of 14...

AUB reports $159.4 million net profit in Q1 2017

KUWAIT: Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of $159.4 million for the quarter ended 31 March...

Global reports KD12.1m revenues, KD3.5m net profit in 9M 2017

Several parties have shown interest to take a stake in company: Al-Darmaki KUWAIT: Global Investment House ("Global" or the "Company"), a regional asset management and...

With 8 million units sold, Toyota proves hybrids have staying power

KUWAIT: Toyota Chairman Takeshi Uchiyamada likes to tell the story of how his team couldn’t get the first Prius prototype to move for 49...

Petrochemicals boost Saudi, markets sluggish – Vodafone Qatar leaps in very active trade

DUBAI: Saudi Arabia's main share market index rose yesterday as investors continued to buy beaten-down petrochemical shares on hopes that oil prices may have...

India CB cuts rates By 25 basis points

MUMBAI: India's central bank yesterday cut interest rates for the first time in almost a year amid sluggish growth and record-low inflation in the...

Jazeera Airways announces 9-month financial results

KUWAIT: Jazeera Airways yesterday announced its third quarter financial results, reporting Q3 operating revenues of KD18.8 million and a net profit of KD6.0 million,...

Brexit poses ‘huge risk’ to economy: Cameron

LONDON: British Prime Minister David Cameron warned yesterday that a vote to leave the EU in less than 48 hours would damage the economy,...

12 Pacific countries seal free trade deal – Deal aims to set rules for...

ATLANTA:  Twelve Pacific rim countries sealed the deal early yesterday on creating the world's largest free trade area, delivering President Barack Obama a major...

Kuwait’s inflation up 0.53 percent in September

KUWAIT: Average domestic inflation climbed 0.53 percent in September, as compared to the same month last year, said the Central Statistical Bureau (CSB) yesterday....

US growth hits 3-year low in Trump’s Q1

Consumer spending drops,  hiring costs rise WASHINGTON: US growth slid to its lowest level in three years in the first quarter, a disappointing start to...

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