Gulf Bank announces winners in its ‘Mega Trio Draw Event’ – Ramadan Ali Hassan...

KUWAIT: Gulf Bank has announced the winners from its successful 3 in 1 yearly draw event that took place Thursday, 7 January 2016, in...

Fears for world economy wreak carnage – Gulf markets plunge as oil, global stocks...

KUWAIT: Share prices in the energy-rich Gulf states fell sharply yesterday as oil dived to an 11-year low and China triggered a global markets...

Kuwait well positioned despite lower prices – ‘Year in Review 2015’ by Oxford Business...

KUWAIT: The need for economic diversification was underscored this past year as the Kuwaiti economy came under pressure from lower oil revenues. However, the country...

Iran trying to avoid oil price war – Tehran pledges to moderate exports

NEW DELHI: Iran wants to avoid an oil price war with rival producers and only gradually lift exports once sanctions against it are lifted,...

MENA markets end 2015 in red over decline in oil prices – Markaz Monthly...

KUWAIT: Kuwait Financial Centre 'Markaz' recently released its Monthly Market Research report. In this report, Markaz examines and analyzes the performance of equity markets...

GCC’s fixed income market expected to grow further – KAMCO Research

KUWAIT: The MENA fixed income market is expected to continue to grow during 2016 after a marginal growth of 4% in 2015. Sukuk issuance...

Analyst coverage in Kuwait is lowest in GCC at 8.1% – MARKAZ ECONOMIC REPORT

KUWAIT: Kuwait Financial Centre 'Markaz' published a blog post titled "Reasons for poor Analyst Coverage in Kuwait". In this post, Markaz examines and analyzes...

Addressing energy sector challenges in Mideast

KUWAIT: Going forward, the question of how to make optimal use of energy resources is set to become a burning topic - especially as...

UNB wins international award ‘Luca Pacioli’

KUWAIT: Union National Bank was awarded the prestigious International Award - 'Luca Pacioli' award which included a Trophy, a certificate and a medallion from...

China triggers global stocks slump – Shocking start to 2016 as Shanghai plunges 7%

LONDON: Fresh evidence of China's economic slowdown sent world stock markets tumbling yesterday, with Europe and the United States following Asia sharply lower in...

Gold prices low at end of 2015: Report

KUWAIT: Gold prices ended the last session of 2015 at a low rate for the third year in a row, reaching $1,060 per ounce...

US shale industry is wounded but not dead – Asiya Capital Investments Company Analysis

KUWAIT: Low energy prices are taking its toll in the American energy industry. The current environment affected negatively its revenue generating capacity. The cash-flow...

E Paper

10th July