Sunday 19 February 2017
 
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Kuwait

Warba seals $163m Kuwait financing portfolios deal

Kuwait-based Warba Bank said it has entered into a renewable agreement with Al-Mulla International Financing Company by which the bank will increase the allocated amount of the acquisition of financing portfolios from Al Mulla International Fina

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Burgan Bank 2016 income up 12pc to $222m

Kuwait-based Burgan Bank Group has reported net income of KD 68 million ($222 million) for 2016, up 12 per cent from KD61 million reported in the previous year. Earnings per share stood at 28 fils, up by 15 per cent from 25 fils i

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Zain, iflix to launch regional Internet TV service

Zain, a leading mobile and data services operator listed in Kuwait, has joined hands with leading Internet TV service group iflix to launch its operations in the Middle East and North Africa (MENA) region. The new joint venture, i

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Zain, iflix to launch regional Internet TV service

Zain, a leading mobile and data services operator listed in Kuwait, has joined hands with leading Internet TV service group iflix to launch its operations in the Middle East and North Africa (MENA) region. The new joint venture, i

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Mezzan records $679m revenue

Mezzan Holding, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, reported a revenue of KD207.4 million ($679.54 million) for 2016, a 5.8 per cent increase on 2015.

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Mezzan records $679m revenue

Mezzan Holding, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, reported a revenue of KD207.4 million ($679.54 million) for 2016, a 5.8 per cent increase on 2015.

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Work on new Kuwait airport terminal on track

Work to build a new terminal in Kuwait International Airport (Terminal Two) is expected to be completed in November, the chairman of Kuwait's General Authority of Civil Aviation (Gaca) said. Sheikh Mubarak Salem Al Sabah noted

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Kuwait's Gulf Bank inks partnership deal with Cisi

Kuwait-based Gulf Bank said it is spearheading the banking professional excellence through collaboration with the Chartered Institute for Securities and Investment (Cisi). The move comes following its agreement with the Capital Ma

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Kuwait summit to focus on oil projects maintenance

Kuwait is hosting a key event which aims to enhance maintenance strategies and strengthen production and operational resilience in the energy industry starting today (February 5). The 3rd Annual Maintenance Kuwait Summit, hosted b

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Kuwait developer wins big at World Golf Awards

United Real Estate Company, a leading real estate development company in Kuwait, said one of its developments - Assoufid Golf Course - has won the award for ‘Africa’s Best Golf Course 2016’ and ‘Morocco’s Best Golf

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