Saturday, March 23, 2019

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...

Marzouq: KFH boasts opening first Islamic bank in one of Europe’s largest economies

KUWAIT: “KFH expansion in the global markets is a step further in our ambitious strategy to lead global development of Islamic financial services and...

UAE to scrap fuel subsidies

DUBAI: Leading oil producer the United Arab Emirates will scrap subsidies on petrol and diesel from August to cut spending as low crude prices...

Yahoo swings to loss as revenues rise – Internet-media company misses earnings expectations

SAN FRANCISCO: Yahoo swung to a loss in the second quarter, but revenues grew as the Internet pioneer refocused its efforts on mobile and...

France unveils 600m-euro plan for crisis-hit farmers

PARIS: The French government yesterday unveiled a package worth more than 600 million euros ($655 million) for farmers, after days of protests that have...

Greek business warn of closures; capital controls choke supplies – ‘Vast majority’ of Greek...

ATHENS: Greece risks seeing a wave of companies forced out of business within weeks because of restrictions on foreign transfers that have persisted even...

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