Sunday 14 February 2016
 
»
Tag
 
»
NBK

Kuwait awarded $20bn energy project deals in 2015

Kuwait has awarded KD9.7 billion ($32.2 billion) worth of project contracts in 2015, up 20 per cent over the previous year, said a report. Of this, over half of the contracts signed are related to the oil and gas sector, as Kuwait

More…

Kuwait awarded $20bn energy project deals in 2015

Kuwait has awarded KD9.7 billion ($32.2 billion) worth of project contracts in 2015, up 20 per cent over the previous year, said a report. Of this, over half of the contracts signed are related to the oil and gas sector, as Kuwait

More…

NBK registers $929m net profits, up 7.8pc

National Bank of Kuwait (NBK) has posted net profits of $929.7 million (KD282.2 million) for last year, compared with $862.6 million (KD261.8 million) the previous year, growing 7.8 per cent year-on-year.   The t

More…

GCC equities shed $200 billion in 2015

GCC equities underperformed most international peers with the MSCI GCC total return index retreating 15 per cent during the year, its weakest performance since 2008 as market capitalization shed $200 billion, a report said. Total

More…

Kuwait inflation edges up in October

Inflation in consumer prices in Kuwait was just a tick higher in October, rising from 3.1 per cent year-on-year (y/y) in September to 3.2 per cent y/y, a report said. Inflation across most components remained broadly stable; cloth

More…

NBK issues $410m Subordinated Tier 2 bonds

National Bank of Kuwait (NBK) has issued KD125 million ($410.4 million), 10NC5, Subordinated Tier 2, Basel III compliant bonds.   The issuance represents the first investment grade-rated (Baa1 by Moody’s) B

More…

NBK Q3 net profit rises 9.1pc

National Bank of Kuwait, the country's largest commercial lender, reported a 9.1 per cent rise in third-quarter net profit as interest income rose, it said on Tuesday. The bank made a profit of KD64.5 million ($213.8 million)

More…

NBK gets approval for capital-boosting bond

National Bank of Kuwait (NBK) has received central bank approval to issue capital-boosting bonds worth up to KD125 million ($413.6 million), the Gulf Arab state's largest commercial lender said in a bourse filing on Sunday. Th

More…

Kuwait’s budget surplus narrows to 7.5pc of GDP

Kuwait posted a budget surplus of KD3.5 billion ($11.5 billion) for the fiscal year 2014/15 (FY14/15), marking a drop of an estimated 7.5 per cent of GDP, compared to an average of 24 per cent of GDP during the previous five years, a report said

More…

Kuwait residential sales fall 28pc in July

Sales in Kuwait’s residential sector totalled KD98 million ($324 million) during July falling below the KD100 million mark for the first time in almost three years, reflecting a decrease of 28 per cent year-on-year (y/y), a report said.

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads