KFIC in deal for $4.9bn debt collectionKuwait Finance and Investment Company (KFIC) has reached an agreement with some of the non-regular customers to repay their debts entirely, the company’s CEO said, adding that such debts amount to about KD1.5 million ($4.9 billion). More… |
Kuwaiti finance firm KFIC revamps websiteKuwait Finance and Investment Company (KFIC) has launched a new, improved website of Mutadawil, the company’s leading financial brokerage online trading service. The new professional design of the website is developed in an intera More… |
Kuwait Finance re-schedules $68m loanKuwait Finance and Investment Company (KFIC) has changed the terms of its existing loans amounting to KD20.6 million ($68 million), said Saleh Yacoub Al-Homaizi, the company’s chairman. Annual payments have also been reduced More… |
KFIC acquires prime US propertyKuwait Finance and Investment Company (KFIC) has announced the acquisition of an income generating real estate property in San Francisco, US. The acquisition was carried through a consortium with group of investors through (buy an More… |
KFIC equity fund posts 20pc returnKuwait Finance and Investment Company (KFIC) said its Al-Bashaer GCC equity fund has attained an annual return of 20.02 per cent. The company’s Al-Wasm fund marked an annual return of 7.91 per cent, said a statement. More… |
KFIC launches new online trading servicesKuwait Finance and Investment Company (KFIC) has launched its new Mutadawil FXD platform that offers a new range of services. The platform gives customers online trading and brokerage access across the global FX market, said a sta More… |
KFIC-GFH co-managed fund wins awardA GCC equities fund, jointly managed by leading investment bank Gulf Finance House (GFH) and Kuwait Finance and Investment Company (KFIC), has won a prestigious Lipper Award. The Sharia’a-compliant Al Basha'er GCC Equity Fund was selec More… |