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COMMERCIAL NEWS

Ithmaar Holding posts $1.59m loss for H1

Aug 10, 2017 2:17 PM

Ithmaar Holding (formerly Ithmaar Bank) has reported a net loss of 1.59 million for the six-month period ended June 30 compared to a net profit of 11.96 million for the same period last year. Net loss...

MORE COMMERCIAL NEWS

Warba Bank acquires apartment complex in US Aug 9, 2017 3:18 PM

Kuwait-based Warba Bank has expanded its international real estate...

Boursa Kuwait ends consultation for rulebook Aug 3, 2017 12:35 PM

Boursa Kuwait has concluded a market-wide consultation for the draft...

Burgan Bank's H1 net income up 24pc Jul 22, 2017 11:59 AM

Kuwait-based Burgan Bank Group has registered a 24 per cent jump...

Gulf Bank records 10pc jump in H1 net profit Jul 18, 2017 12:47 PM

Kuwait-based Gulf Bank recorded a net profit of KD22.8 million in...

IBM, Zain launch cloud recovery service in Kuwait Jun 21, 2017 1:14 PM

IBM and Zain a top telecom company in Kuwait have partnered to launch...

Ericsson joins Zain Kuwait-led digital project Aug 9, 2017 11:41 AM

Ericsson has become a member of a Zain in Kuwait-led consortium...

MEA ‘to spend $8 billion on IoT in 2017’ Aug 3, 2017 12:06 PM

Middle East organisations are adopting the latest Internet of Things...

Warba Bank H1 profit surges 455pc to $8.3m Jul 20, 2017 3:21 PM

Kuwait-based Warba Bank a top investment bank has posted a net profit...

Boursa Kuwait launches new Market Watch service Jul 12, 2017 5:24 PM

Boursa Kuwait today announced that its new Market Watch service...

Kuwait non-oil business to see 4pc growth Jun 14, 2017 12:10 PM

Kuwait s non-oil growth is expected to improve to 3.5-4 per cent...

Kuwait inflation steady at 2.6pc in April Jun 6, 2017 1:56 PM

Inflation in consumer prices in Kuwait held steady at 2.6 per cent...

Ooredoo Kuwait names new brand ambassador May 10, 2017 12:46 PM

Ooredoo Kuwait a leading telecom services operator in the country...

Simon Bowthorpe to lead UM Kuwait May 3, 2017 11:52 AM

Simon Bowthorpe managing director of UM Qatar has been promoted...

Clifford Chance advises NBK on GMTN programme May 31, 2017 5:01 PM

Clifford Chance has advised National Bank of Kuwait (NBK) on the...

Burgan launches 3D-secure services for cardholders May 6, 2017 1:18 PM

Burgan the youngest commercial bank in Kuwait has introduced its...

Burgan Bank Q1 net profit up 25pc May 3, 2017 11:43 AM

Kuwait-based Burgan Bank Group reported a net income growth of 25...

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