The GCC contracting industry is witnessing strong growth, which is projected to increase further in the years to come, according to a research report.
This is due to the vast number of projects being planned and executed, the Kuwa
Gulf banks are estimated to have made provisions worth $9.4 billion for last year against impairment of assets and credit loss, a massive 40 per cent rise from the previous year, a report said.
The provisions, which Gulf banks started to i
The Markaz Gulf Fund listed on the Bahrain Stock Exchange (BSE) today (May 6).
BSE director Fouad Rashid issued a resolution yesterday to list the fund, issued by the Kuwait Financial Centre (Markaz). The resolution was issued following th
Kuwait Financial Centre (Markaz) has achieved a turnaround with a net profit of KD18.51 million ($65.62 million) in the first half of 2007 compared to a net loss of KD1.46 million in the corresponding period last year.
Diraar Y Alghanim, c