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COMMERCIAL NEWS

Agility Q3 net profit soars 123pc to $91m

Nov 15, 2023 11:42 AM

Agility a long-term investor and operator in supply chain services infrastructure and innovation has seen its third-quarter (Q3) 2023 soar 123% to KD28 million ( 91 million) or 10.99 fils per share. Q3...

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Markaz 9M total revenues rise 24.9pc to $45.7m Nov 12, 2023 3:02 PM

Kuwait Financial Centre (Markaz) posted nine-month (9M) revenues...

Boursa Kuwait 9M net profit falls 16.51pc to $41m Oct 31, 2023 4:35 PM

Boursa Kuwait announced a net profit attributable to equity holders...

GCC IPOs raise $6.8bn in 9M 2023; UAE leads: Markaz Oct 18, 2023 1:36 PM

GCC s 29 initial public offerings (IPOs) have raised 6.8 billion...

Kamco Invest expands global presence with office in London Oct 2, 2023 12:33 PM

Kamco Invest a regional non-banking financial powerhouse with one...

GCC-listed firms aggregate Q2 net falls 6.2pc to $57.9bn: Kamco Aug 30, 2023 11:44 AM

GCC-listed firms aggregate net profits fell 6.2% to 57.9 billion...

GCC seals 128 M&A in 9M 2023, a 22pc decline on 2022: Markaz Nov 6, 2023 4:17 PM

The GCC market sealed a total of 128 mergers and acquisitions (M&A)...

Ooredoo Kuwait pioneers NB-IoT integration Oct 29, 2023 1:44 PM

Ooredoo Kuwait the country s leading digital enabler for businesses...

China’s slowdown will ‘impact trade with GCC countries’ Oct 8, 2023 10:56 AM

China s economic slowdown will impact global and GCC economies by...

GCC equity markets witness first decline in 3 months: Kamco Sep 3, 2023 3:16 PM

The MSCI GCC Index witnessed a steep decline of 3.8% during August...

GCC IPOs raise $5.3bn in H1 2023; 61pc decline on H1 2022 Aug 9, 2023 12:13 PM

The GCC region raised a total of 5.3 billion in proceeds through...

Ooredoo, Zain, TASC set to create largest tower firm Jul 25, 2023 8:28 AM

Ooredoo Group has entered exclusive negotiations with Mobile Telecommunications...

GCC banks post record nigh net profit in Q1: Kamco Jun 14, 2023 9:40 AM

Aggregate net profit for listed banks in the GCC reached a new record...

GCC companies post drop in profits during Q1: Kamco Jun 11, 2023 1:23 PM

Quarterly profits reported by GCC-listed companies declined year-on-year...

Gulf states improve industrial performance index ranking Jul 18, 2023 11:30 AM

Gulf countries have improved their Competitive Industrial Performance...

Kuwait CEOs buoyant about growth prospects Jun 13, 2023 8:11 AM

CEOs in Kuwait are looking past recent economic slowdowns and are...

GCC economic strengths 'make it ideal investment destination' May 29, 2023 5:08 PM

Strong economy low debt lack of currency risk and high reserves...

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