Friday 1 November 2024
 
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KFIC

KFIC in deal for $4.9bn debt collection

Kuwait 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).

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Kuwaiti finance firm KFIC revamps website

Kuwait 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

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Kuwait Finance re-schedules $68m loan

Kuwait 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

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KFIC acquires prime US property

Kuwait 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

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KFIC equity fund posts 20pc return

Kuwait 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.

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KFIC launches new online trading services

Kuwait 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

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KFIC-GFH co-managed fund wins award

A 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

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