COMMERCIAL NEWS
Agility Q1 net profit rises marginally to $41.69m
May 15, 2022 11:35 AM
Agility a supply chain services infrastructure and innovation company posted first quarter 2022 net profit of KD12.8 million ( 41.69 million) a nominal 1% YoY increase from KD12.6 million over the same...
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Kamco Invest Q1 net profit up 132% to $11.7m May 12, 2022 1:57 PM
Kuwait-based Kamco Invest a regional financial powerhouse has reported...
Burgan Bank Q1 revenue up 10% to top $171m Apr 24, 2022 1:08 PM
Burgan Bank a leading bank in Kuwait has reported KD52.6 million...
Zain focused on providing meaningful connectivity Apr 13, 2022 11:10 AM
Zain Group is focused on providing meaningful connectivity and driving...
GIG leads Kuwaiti-led M&A transactions for 2021 Apr 10, 2022 2:20 PM
Gulf Insurance Group (GIG) leads the top M&A transactions led by...
GCC banking sector sees 7-quarter high ROE in 2021: Kamco Mar 30, 2022 1:51 PM
Higher profits reported by GCC banks pushed the aggregate return...
Kuwait’s NIGH completes capital increase of $338m May 9, 2022 8:29 AM
National Industries Group Holding (NIGH) and Kuwait Financial Centre...
GCC firms’ net profits soar to record high of $196.5bn in 2021 Apr 17, 2022 4:18 PM
Earnings of GCC-listed companies jumped to a record high of 196.5...
Burgan Bank launches Fast International Transfer Service Apr 12, 2022 2:38 PM
Burgan Bank has launched a new Fast International Transfer service...
GCC index sees biggest gains since global financial crisis Apr 3, 2022 6:23 PM
A broad-based rally in GCC markets coupled with elevated oil prices...
Mezzan Holding 2021 full year net falls to $27.62m Mar 23, 2022 9:17 AM
Mezzan Holding one of the largest producers and suppliers of food...
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Zain Group AGM approves dividend of 23 fils for H2 Mar 22, 2022 4:35 PM
The Zain Group Annual General Meeting (AGM) held today at Zain Group...
Global banking CEOs optimistic of sector growth: KPMG Mar 13, 2022 9:11 AM
Global banking CEOs are optimistic and are predicting growth in...
Kamco completes 22 banking deals worth $4.8bn in 2021 Feb 22, 2022 1:21 PM
Kamco Invest a regional non-banking financial powerhouse completed...
Zain signs MoU with Huawei to hasten 5.5G innovation Mar 20, 2022 3:36 PM
Zain Group has selected Huawei to accelerate the migration from...
Gulf Insurance FY net profit shoots up 207pc to $166.2m Mar 3, 2022 9:45 AM
Gulf Insurance Group (GIG) full year 2021 (FY) net profit has zoomed...
Kuwait's Markaz swings to 2021 profit, revenue soars to $101m Feb 19, 2022 3:07 PM
Kuwait Financial Centre (Markaz) has reported a net profit attributable...
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