Monday, January 21, 2019

Ooredoo announces partnership with Huawei

KUWAIT: Ooredoo Kuwait, a member of the international Ooredoo Group, announced its partnership with the leading company Huawei. The partnership will bring together an...

Gulf Insurance Group reports 23.4% net profit growth for H1

KUWAIT: Gulf Insurance Group (gig) announced a net profit of KD 7.5 million (US$ 24.8 million) for the first six months of 2015, compared...

FDI in Arab states fell 8% last year

KUWAIT: Foreign direct investment into Arab states dropped 8.0 percent last year with the United Arab Emirates and Saudi Arabia accounting for close to...

Greece pushes for quick cash injection – Debt problem to keep Greek banks in...

FRANKFURT/ ATHENS: Greek banks are set to keep broad cash controls in place for months, until fresh money arrives from Europe and with it...

Ooredoo posts KD 359.1m revenue for H1 of 2015

KUWAIT: National Mobile Telecommunications Company K.S.C.P - NMTC (Ooredoo) yesterday announced its financial results for the first half of 2015: Financial highlights * Total customer base...

Warba Bank invests in US real estate

KUWAIT: Warba Bank has announced investing in a real estate in New York state in the US, consisting of nine floors with 85 residential...

GCC labor market needs decisive action

KUWAIT: Most GCC countries are facing important challenges linked to their demographic evolution and their oildependent economic structure. Kuwait and Saudi Arabia fit in...

Almunayes General Trading Est: Kuwaiti ambition with international vision – Six decades of success

KUWAIT: 1. Almunayes General Trading Est was established in 1947; 15 years prior to Kuwait’s independence. How did the company progress during these years? Our...

KSE ends in the green zone – BAYAN INVESTMENT WEEKLY REPORT

KUWAIT: Kuwait Stock Exchange (KSE) ended last week in the green zone. The Price Index closed at 6,286.50 points, up by 0.16% from the...

ABK announces net profit of KD20.44m – Net profits rise by 7.2%; Operating income...

KUWAIT: Al Ahli Bank of Kuwait (ABK) yesterday announced a net profit of KD20.44 million for the first half of 2015, demonstrating a 7.2%...

Iran offers state assets to foreigners – Tehran eyes return to SWIFT – Foreign...

VIENNA: Iran offered to sell state assets to foreigners, said it would cut the government’s role in the economy and pledged a tight monetary...

Greece passes second crucial bailout bill – Government facing ‘political problem’

ATHENS: Greece’s parliament yesterday approved a second batch of reforms needed to help unlock a huge international bailout for the stricken economy. The bill...

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21st Jan

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