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Tag: Kuwait

Posted on July 27, 2022

Kuwait Finance House makes share-swap offer to acquire AUB

Kuwaiti investors are seen on the trading floor of the Kuwait Stock Exchange October 5, 2008. Kuwait and Qatar’s benchmarks made their biggest one-day decline in almost three weeks on Sunday, taking …

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Posted on July 27, 2022

Kuwait Finance House notifies Ahli United of firm intent to fully acquire AUB

AUB said it would accept KFH’s revised offer of one share for every 2.695 shares of Ahli United Kuwait Finance House issued two documents to Ahli United Bank (AUB) on Monday relating to its …

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Posted on July 24, 2022

Boursa Kuwait crowned Most Sustainable Company in the Financial Services Industry by World Finance

Prestigious accolade reflects the company’s enduring commitment to promoting Corporate Sustainability within the Kuwaiti capital market …

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Posted on July 24, 2022

Markaz Report Forecasts Positive Outlook for Kuwait Real Estate Sector After Modest Rebound in H1 2022

Kuwait Financial Centre “Markaz” revealed in its ‘Kuwait Real Estate H2 2022 Outlook’ report that the country’s real estate sector has continued to reco …

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Posted on July 24, 2022

Kuwait acts against ‘immoral’ behaviour in café

Move comes after video on social media showed foreign girls dancing inside a coffee shop Cairo: Kuwait’s Interior Ministry said it had taken “immediate” action against a café for violating public …

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Posted on July 17, 2022

Kuwait’s logistics giant Agility has a problem with 10m of its treasury shares

Broker ‘mistakenly’ places sell offer for Agility’s treasury shares setting off ‘unusual’ Dubai: A human error added on to an automation issue has caused problems for Kuwait logistics giant Agility …

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Posted on July 17, 2022

Kuwait’s Central Agency for IT trains 4000 employees to build digital economy

During a recent forum organized by UDACITY, a global educational organization that offers training to governmental and private institutions, The Kuwait Deputy Director-General of the Central Agency …

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Posted on July 17, 2022

Genesis opens new service centre in Kuwait; to invest $50mln

The new space spans 12,000 sq m over four floors, which include the service centre, the upper floor of the administration offices, the waiting room, and the hospitality area, while the lower floors ar …

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Posted on July 17, 2022

Zubaidi price high on first day of reopening fishing in Kuwait

Kuwaiti Union of Fishermen announced, on Saturday, the start of the fishing season for Zubaidi fish in Kuwaiti territorial waters, after the end of the fishing ban period that started 45 days before.

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Posted on July 17, 2022

Chinese Car Brands Are More Popular in Kuwait Than Those From Germany, South Korea

Sales of Chinese brand vehicles in Kuwait are outstripping those from Germany and South Korea and now account for the third-largest share of the market as Chinese auto manufacturers jostle to extend …

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