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Tag: Kuwait

Posted on May 2, 2021

Kuwait: Travel agents incur over KD100 million in losses due to COVID-19

Cairo: The global COVID-19 pandemic and related restrictions have taken a heavy toll on travel firms in Kuwait, with losses estimated at over KD100 million, a Kuwaiti unionist has said. Around 200 …

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Posted on May 2, 2021

A Statement By Kuwait Financial Centre “Markaz”

Kuwait Financial Centre “Markaz” issued a statement revealing that, on the evening of Friday 30th April 2021, a member of its Executive Management has b …

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Posted on May 1, 2021

Al Mulla breaks ground on Merc-Benz services centre in Kuwait

Al Mulla Automobiles Company, a member of Al Mulla Group and the sole authorised distributor and exclusive service and repair partner of Mercedes-Benz in Kuwait, has officially broken ground on its …

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Posted on April 30, 2021

Financial markets: Is it too late for Kuwait?

The country’s model of financing relentless consumption from dwindling oil revenues is under attack from all sides. Covid-related credit relief has hit the banks’ bottom lines and they are joining the …

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Posted on April 29, 2021

Fitch Affirms Kuwait International Bank at ‘A+’; Outlook Negative

Fitch Ratings has affirmed Kuwait International Bank K.S.C.P.’s (KIB) Long-Term Issuer Default Rating (IDR) at ‘A+’ …

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Posted on April 29, 2021

Fitch Affirms Kuwait International Bank at ‘A+’; Outlook Negative

Fitch Ratings has affirmed Kuwait International Bank K.S.C.P.’s (KIB) Long-Term Issuer Default Rating (IDR) at ‘A+’ …

( read original story …)



Posted on April 29, 2021

NSE-BSE bulk deals: Kuwait Investment sells stake in MM Forgings

HDFC Life Insurance sold 2.2 million shares of Music Broadcast at Rs 23.1 per share through a bulk deal on the NSE.

( read original story …)



Posted on April 29, 2021

Fitch Affirms Kuwait International Bank at ‘A+’; Outlook Negative

Fitch Ratings has affirmed Kuwait International Bank K.S.C.P.’s (KIB) Long-Term Issuer Default Rating (IDR) at ‘A+’ …

( read original story …)



Posted on April 29, 2021

NSE-BSE bulk deals: Kuwait Investment sells stake in MM Forgings

HDFC Life Insurance sold 2.2 million shares of Music Broadcast at Rs 23.1 per share through a bulk deal on the NSE.

( read original story …)



Posted on April 28, 2021

Drake & Scull bids for projects worth $476mn in Iraq and Kuwait

Strengthening its business in the wastewater purification and pipeline extension sector, DSI’s growth is fuelled by the robust performance of its subsidiary, Passavant Energy & Environment …

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