Wednesday 24 April 2024
 
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Kuwait

Jazeera orders 30 A320s

Kuwait and Dubai-based Jazeera Airways, the first private airline in the Middle East, has signed a firm contract for the purchase of 30 Airbus A320 aircraft. The agreement quadruples the number of aircraft Jazeera Airways have ordered fro

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VC Bank backs Morocco firm

A new investment company is being set up in Morocco. With a paid-up capital of $20 million, Venture Capital Bank (VC Bank) and their partners in Kuwait: Real Estate Commercial Company; Al Burooj Real Estate Investment; Al Khaleeji Investme

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Abyaar Q1 profits soar to $16m

Abyaar Real Estate Development, a leading Kuwait-based real estate developer, has recorded operational net profits of more than Dh62 million ($16.8 million) for the first quarter of 2007, while the return on capital reached 14 per cent for the sam

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