Gold falls, awaiting fresh clues on US rate rise

LONDON: Gold fell yesterday extending last week’s slide as indications the Federal Reserve may still raise interest rates this year, despite recent market turmoil,...

British Airways launches special fares in Kuwait

KUWAIT: Home to Shakespeare, Bond and the British Royal Family, it is little wonder why London is still a favorite holiday hotspot among Kuwait...

ABK to participate in 7th annual Euromoney Kuwait Conference

KUWAIT: Al-Ahli Bank of Kuwait (ABK) announced yesterday its participation as co-sponsor in the upcoming 7th annual Euromoney Kuwait Conference where ABK’s CEO, Mr....

Gold price advances on global market crisis

KUWAIT: Gold price witnessed a rise in the international markets due to the possibility of increasing interest rates by the Federal Reserve (American Federal...

China maintains its commitment to reforms – ASIYA CAPITAL INVESTMENTS ANALYSIS ON ASIA

KUWAIT: On Tuesday, Chinese officials announced policy measures that would reduce liquidity tensions in the country and boost economic growth. The country’s benchmark lending...

MasterCard unveils contactless payment platform in Kuwait – Payments made easier, safer and smarter

KUWAIT: MasterCard, a leader in global payments, has introduced the contactless payment solution in Kuwait in collaboration with Boubyan Bank, making payments easier, safer...

Kuwait to build new airport in 1-1/2 years – Backup terminal to handle 4m...

KUWAIT: The Civil Aviation Directorate General said that a new airport with a capacity of up to four million passengers per year will be...

Oil rout forces OPEC to trim price expectations – Gulf delegate says market to...

DUBAI/LONDON: A second oil price rout of 2015 has forced Arab OPEC members to cut their price expectations for this year, showing they are...

Global gas demand mounts: OAPEC chief

KUWAIT: The world is witnessing mounting demand for natural gas largely because it is a clean source of energy and relatively friendly to the...

GCC corporate earnings1 fall by 7.2% in H1 of 2015 – MARKAZ ECONOMIC REPORT

KUWAIT: Kuwait Financial Centre “Markaz” stated that during 1H15, GCC corporates posted a negative 7.2% growth over H1 of 2014. Total earnings inH1 of...

Kuwait: Strong credit gains in June, growth at 5.2% – NBK ECONOMIC REPORT

KUWAIT: Credit growth in June was strong, but annual growth eased slightly to 5.2% y/y on basis effects. Lending was up by KD 453...

ABK receives STP excellence award from Standard Chartered Bank

KUWAIT: Al Ahli Bank of Kuwait (ABK) was recently presented the STP Excellence Award for the year 2014 from Standard Chartered Bank - New...

E Paper

22nd Nov