Wednesday 24 April 2024
 
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Gulf Investment House

KFH seals $180m debt restructuring deal

Kuwait Finance House, the country's biggest Islamic lender, said on Sunday it has signed a deal with Gulf Investment House to restructure the KD49.5 million ($180 million) it owes in debts. The agreement 'includes converting the cu

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Two Kuwaiti firms plan merger

Kuwait'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

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