Linklaters advised Bahrain’s Ahli United Bank (AUB) on its acquisition by Kuwait Finance House (KFH) for approximately US$11.6bn. The deal is the first ever cross-border public takeover involving a …
Vietnam’s loss to Iran ends Futsal Asian Cup campaign in quarterfinals
Vietnam have been sent home after a heavy 1-8 defeat against Iran in the AFC Futsal Asian Cup 2022 quarterfinals in Kuwait on Tuesday. Vietnam adopted a defensive approach against Iran, but the …
Egypt-Kuwait trade rises 21% YoY in 2021
The trade exchange between Egypt and Kuwait grew 21% year-on-year (YoY) in 2021, Minister of Trade and Industry Ahmed Samir revealed on the sidelines of the Egyptian Kuwaiti Business Forum, according …
AmCham Kuwait hosts back to business Annual General Meeting event
The event was done in collaboration with our Platinum Sponsor, Kuwait & Gulf Link (KGL), the Waldorf Astoria – Kuwait, and Air France-KLM …
Jefferies Sells Oak Hill Capital Stake to Kuwait-Backed Wafra
Wafra Inc., the alternative-asset manager that invests on behalf of Kuwait, acquired a minority stake in private equity firm Oak Hill Capital from Jefferies Financial Group Inc.Most Read from …
Bounce a cut above the rest; wins the 2022 KPMG Private Enterprise Tech Innovator in Kuwait
As the 2022 KPMG Private Enterprise Tech Innovator ended at the Four Seasons Hotel Kuwait at Burj Alshaya, ‘Bounce’ bested nine other participating companies to emerge as the country winner of the …
Kuwait delays enforcing new rules for delivery businesses
Cairo: Kuwaiti authorities have postponed the enforcement of new traffic rules for home delivery businesses for three months, Kuwaiti media reported. The rules were due to take effect on Saturday, but …
Kuwait Fund works on boosting cooperation with other countries
As Kuwait pledged to support Palestine, the Kuwait Fund recently concluded an agreement worth 100,000 dinars (USD 340,000) to finance a project that will provide and facilitate accesses to clean water …
Markaz Participates in Market Maker Seminar Organized by Boursa Kuwait
Kuwait Financial Centre “Markaz” announced its successful participation in the ‘Market Maker’ seminar, organized and led by Boursa Kuwait on 26 September Kuwait Financial Centre “Markaz” announced its …
Final results of Kuwait Finance House K.S.C.P. acquisition of Bahrain-based Ahli United Bank in USD 10.9bln deal
SICO acted as Bahrain receiving agent, Bahrain execution advisor, and cross-listing advisor on the deal The final results of the landmark USD 10.9 billion acquisition of up to 100% of Ahli United Bank …