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Kuwait's First Investment net falls 87pcKuwait's First Investment Co posted a 87 percent fall in 2008 profit on Thursday, the latest investment firm from the Gulf state's financial sector to take a hit. Full-year net profit came in at 3.22 million dinars ($11 million) after 25.3 More… |
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Two Kuwaiti firms plan mergerKuwait's First Investment Co and Gulf Investment House have reached an initial merger or acquisition agreement, the companies' owners said in a statement on Sunday. Islamic lender Kuwait Finance House, the major investor in Gulf Investment More… |
