For the first time in five years, the media and entertainment industry is expected to outperform the major stock market indices in 2013, according to a new report.
Overall revenue and EBITDA (Earnings Before Interest, Taxes, Depre
Agility, a logistics major based in Kuwait, today reported a net profit of KD11.5 million ($40.29 million) for the second quarter of 2013, as compared with KD7.7 million for Q2 2012, marking a rise of 49 per cent.
Kuwait-based telecom operator Zain on Wednesday announced robust first quarter growth with its net income soaring 40 per cent to KD69.9 million ($251.1 million) compared to the same period last year.
Announcing the consolidated financial r
Citigroup raised its price target on the stock of Dubai's DP World by 16 cents, and said it expects the government-controlled port operator to seek further terminal concessions and bolt-on acquisitions, afforded by a rapidly de-leveraging bala
Gold bounced after falling to its weakest in 13 months on Thursday, but a surging dollar against the euro capped gains and a sell-off in equities could still drive investors to sell bullion to pay losses.
Platinum slipped almost 6 percent