Syria scraps refinery deal with Kuwait's NoorThe Syrian government has cancelled a deal with Kuwait's Noor Financial to build a 140,000 barrel per day refinery in eastern Syria, Oil Minister Sufian Alao said on Monday. 'This project is no longer among our current plans,' More… |
Noor to raise stake in Meezan BankKuwait's Noor Financial Investment Company plans to raise its stake in Pakistani Islamic lender Meezan Bank to 42 per cent from 35 per cent, its managing director said. The purchase will cost about $20 million, Al Marri said, adding the mo More… |
Noor Financial Q3 profit triplesKuwait's Noor Financial Investment Co. posted a 234 percent rise in third-quarter net profit on Sunday. The investment firm said in a statement on the bourse Web site profit in the three months ending September 30 was 13.06 million dinars More… |