Kuwait
Kuwait’s Gulf Insurance net profit jumps 23.4% to $24.8m in H1
KUWAIT: Gulf Insurance Group (gig) announced a net profit of KD 7.5 million (US$ 24.8 million) for the first six...
Foreign direct investment into Arab states drops 8% in 2014
KUWAIT: Foreign direct investment into Arab states dropped 8.0 percent last year with the United Arab Emirates and Saudi Arabia...
Kuwait inflation jumps to 3.5% in June
KUWAIT CITY: The Consumer Prices Index (CPI) recorded an increase estimated at 3.54 percent in June compared to the same...
Ooredoo Kuwait revenue falls 5.4% to $1,187.7m in H1
KUWAIT CITY: National Mobile Tele-communications Company K.S.C.P – Ticker: NMTC (Ooredoo) today announced its financial results for the first half...
Kuwaiti Banks net profit increases in H1
KUWAIT CITY: Kuwaiti banks’ net profits have remarkably increased in the first half of 2015 backed by an improving operating...
Kuwait Customs arrests Britian with 3 sachets of marijuana
KUWAIT CITY: the Airport Customs have arrested a British passenger for attempting to smuggle into the country 3 sachets of...
Kuwait Customs seizes 20kg narcotics
KUWAIT CITY: Customs officers at the Kuwait International Airport have arrested three Ethiopian maids for allegedly attempting to smuggle into...
Kuwait’s KIPCO net profit increases 17% to $84.1m in H1
KUWAIT: KIPCO ,the Kuwait Projects Company has announced a net profit of KD25.4 million ($84.1 million) in the first six...
Commercial Bank of Kuwait profit enhances by 26% to KD16.7m in H1
KUWAIT: Commercial Bank of Kuwait announced net profit of KD16.7 million up by 26% for the six months period of...
Kuwait’s Al-Mazaya Holdings profit jumps 32.1% to KD 4.1m in H1
KUWAIT: Al-Mazaya Holdings announced a KD 4.1 million net profit for the first half of 2015, up 32.1 percent on...
Kuwait govt increases budget of oil refinery by $2.9b
KUWAIT CITY: The Kuwaiti government has decided to announce increase in the budget of a new ail refinery. Kuwait's Supreme...
NBK net profit hikes 12.8% to KD163.4 YoY in H1
KUWAIT: National Bank of Kuwait (NBK) reported net profits of KD 163.4 million ($541 million) for the first half of...
Kuwait’s Ahli United Bank posts net profit of KD25.5m in H1
KUWAIT CITY: Ahli United Bank announced its results and financial statements for the first half ending on June 30, 2015,...
Kuwait’s Gulf Bank net profit expands 20% to KD 18.7m in H1 2015
KUWAIT: Gulf Bank announced here the other day a net profit of KD 18.7 million for the first half of...
Kuwait DGDC seizes 70kg hashish
KUWAIT CITY,: A 34-year-old Kuwaiti citizen identified as H, a 28-year-old Bedoun man identified as Talal Al- Hamidi and another...
Kuwait’s Boubyan Bank profit jumps 28% to KD16m in H1
KUWAIT: Boubyan Bank’s profits witnessed an increase in the first half of the current year, amounting to KD 16 million...
Kuwait Customs arrests smuggler with gold
KUWAIT CITY: Customs officers at the Kuwait International Airport recently foiled the attempt of a Sri Lankan passenger identified only...
Kuwait authorities seize 1.5kg hashish
KUWAIT: A citizen and his Egyptian friend were recently arrested with possession of drugs they had imported and were trading...
Kuwait Customs seizes 160,000 captagon pills
KUWAIT CITY: Nearly 160,000 captagon pills were busted inside a shipment that arrived from an Arab country through air cargo....
Kuwait authorities arrest govt employee for smuggling of weapons
KUWAIT: Police arrested an Interior Ministry employee who smuggled unlicensed weapons for sale on social media, the ministry announced. The...
