China needs to be more transparent – ASIYA CAPITAL INVESTMENTS REPORT

KUWAIT: On August 11, the Chinese renminbi (RMB) fell 1.8% against the US dollar, the sharpest daily decline since the currency was de-pegged from...

Toyota and Mohamed Naser Al Sayer launches new Hilux 2016 The Warrior – A...

KUWAIT: Toyota and Mohamed Naser Al Sayer (MNSS) today unveiled the new Hilux to mark the introduction of the eighth-generation of this legendary pickup...

Kuwait’s crude oil exports to China hit 3-month high

BEIJING: Kuwait’s crude oil exports to China in July hit a three-month high of 1.25 million tons, equivalent to 296,000 barrels per day (bpd),...

Bank ABC closes $320m syndicated Murabaha Financing Facility for KIB

KUWAIT: Kuwait International Bank KSC has successfully closed a debut syndicated Murabaha financing facility. The Facility was signed yesterday. Bahrainbased Bank ABC and Bank...

Kuwait banks drive earnings growth in H1 15 – NBK ECONOMIC REPORT

KUWAIT: Financial results for corporates listed on the KSE revealed strong growth in banking, real estate and financial services sectors during the first half...

Great fall of China sinks world stocks – Shanghai loses 9%, Dow opens more...

NEW YORK: World stock markets plunged yesterday, as a near 9-percent dive in China shares and a sharp drop in the dollar and major...

New warrior to arrive in Kuwait today

KUWAIT: Mohamed Naser Al-Sayer Sons and Toyota Motor Corporation will reveal today the new Warrior in Kuwait. This trademark has earned reputation for its...

Kuwait stocks plunge as oil prices plummet

KUWAIT: Stock prices in Kuwait and the Gulf states nosedived yesterday in a massive market sell-off sparked by descending oil prices with the Saudi...

Dollar drops as global growth concerns fuel risk aversion – NBK’S WEEKLY...

KUWAIT: The US Dollar dropped against most of its major counterparts as minutes of the Federal Reserve Open Market Committee showed that subdued inflation...

Mideast markets drop, Dubai falls 7% – Fitch cut to Saudi outlook, losses total...

DUBAI: Major Middle Eastern stock markets plunged in relentless selling yesterday because of sliding oil prices, a decision by Fitch Ratings to cut its...

Boubyan Bank launches Tap & Pay Credit Cards with MasterCard & VISA

KUWAIT: In a qualitative leap which reinforces its leadership in the market of retail banking services, Boubyan Bank has announced the launch of (Visa...

Global slowdown hammers US stocks – Biggest drop in nearly four years

NEW YORK: Growing concerns about a slowdown in China shook markets around the world on Friday, driving the US stock market to its biggest...

E Paper

13th Dec