Monday 21 April 2014
 
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Central Bank of Kuwait

CBK posts over $71m Q4 profit

Commercial Bank of Kuwait’s (CBK) has posted a net profit of KD20 million ($71.53m) for the fourth quarter of 2010, up from KD1.85 million for the same period in the previous year. Analysts had forecast the lender to post a net profit of K

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Kuwait dinar rises

Kuwait allowed the dinar to rise by the most in almost two months on Sunday after the dollar tumbled to a record low against the euro, breaching $1.40. The dinar will trade around a mid point of 0.28050 per dollar, compared with 0.28125 pe

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