Monday, December 6, 2021

Burgan Bank sells stake in Jordan Kuwait Bank

KUWAIT: Burgan Bank Group (BBG) announced yesterday the sale of Jordan Kuwait Bank to subsidiary of the Kuwait Projects Company (KIPCO) Group. Since 2010,...

KIPCO Group purchases 51% JKB stake from Burgan Bank

KUWAIT: KIPCO - the Kuwait Projects Company - has announced the purchase by the Group of a 51 per cent stake in Jordan Kuwait...

Muslim women hail female-only motorbike taxis – Motorbike taxi drivers in headscarves zig-zag through...

JAKARTA: Female motorbike taxi drivers in headscarves zig-zag through heavy traffic in the Indonesian capital Jakarta, the latest two-wheeled transport service for women making...

Gold down, heads for third annual loss

LONDON: Gold inched lower yesterday, as the combination of a firm dollar and weak oil prices left the metal on track for its third...

Kuwaiti oil barrel to drop to $27 in Feb: Analyst

KUWAIT: A Kuwaiti oil analyst has forecasted the price of Kuwaiti oil barrel would drop to $27 per barrel next February, affected by the...

Saudi bracing for a long period of cheap oil – OPEC heavyweight shows no...

DUBAI: Saudi Arabia's planned cuts in spending and energy subsidies signal that the world's largest crude exporter is bracing for a prolonged period of...

Kirby Building Systems and KIMMCO participate in Big5 Exhibition in Dubai

KUWAIT: Alghanim industries, one of the largest privately owned companies in the region, had two companies represent it in the Big5 Exhibition, held from...

17 sales consultants at Mercedes-Benz Kuwait complete Daimler global certification program

KUWAIT: Highlighting the global standards of excellence followed by Daimler around the world, Abdul Rahman Albisher & Zaid Alkazemi Company, the authorised General Distributor...

Kuwait credit growth at 6.6%, CBK raises key rate by 25bps – NBK ECONOMIC...

KUWAIT: Credit saw a small decrease of KD 22 million in October on the heels of an exceptionally large increase the month before (KD...

Gulf Bank awarded ‘Best Branch Experience’ from Ethos Integrated Solutions

KUWAIT: Gulf Bank announced yesterday that it has been awarded the 'Best Branch Experience' award from Ethos Integrated Solutions (Ethos) at the 11th Annual...

Emerging markets caught between diverging monetary policies – Asiya Capital Investments Company Report

KUWAIT: After seven years of ultra-loose monetary policy, the United States increased interest rates this month. The easing cycle started in mid-2007 when the...

Ahli United Bank: Leader in banking safety – A new merit: Second locally and...

KUWAIT: Ahli United Bank has embodied its leading role in the Islamic banking field both locally and regionally obtaining the second position locally and...

E Paper