8 February 2010, 5:51 am
Feb. 8 (Bloomberg) -- Dubai shares rebounded from yesterday’s decline as Islamic Arab Insurance Co. said it returned to profit in 2009. Kuwait’s index rose after the central bank reduced interest rates.... Read More »
8 February 2010, 5:30 am
KUWAIT, Feb 8 (Reuters) - Kuwait Finance House (KFH) , the Gulf state's biggest Islamic lender, said on Monday it appointed Jamelah Jamaluddin as chief executive officer of its Malaysian unit.... Read More »
8 February 2010, 5:06 am
New Delhi, Feb 8 (PTI) Churchill Brothers, who failed to qualify for AFC Champions League after losing the play-off on Saturday, will take on holders Kuwait Sports Club in their opening AFC Cup group match at home on March 16.... Read More »
8 February 2010, 4:40 am
(RTTNews) - Sunday, Kuwait's central bank reduced its key discount rate by 50 basis points to 2.5%, sixth reduction since October 2008. The central bank's Governor Sheikh Salem Abdulaziz Al-Sabah reportedly said the cut was made to support the non-oil sectors of the economy.... Read More »
8 February 2010, 4:16 am
KUWAIT CITY - The Central Bank of Kuwait on Monday cut its one-week and one-month repurchase rates by 25 basis points each in a bid to expand money supply, a day after reducing the benchmark discount rate.... Read More »
8 February 2010, 4:16 am
KUWAIT CITY- Kuwait’s telecom giant Zain group denied on Monday reports that it has received new offers for the purchase of its operations in 15 African nations.... Read More »
8 February 2010, 3:36 am
Kuwait- Hebat Al-Khalej Company established with capital of KD1m... Read More »
8 February 2010, 3:00 am
KUWAIT, Feb 8 (Reuters) - Kuwait's central bank reduced two of its repurchase rates by 25 basis points each on Monday, official data showed, a day after it cut its benchmark discount. The central bank reduced its one-week repo rate to 1.5 percent from 1.75 percent, while its one-month rate is now at... Read More »
7 February 2010, 9:37 pm
Feb. 8 (Bloomberg) -- Kuwait aims to boost crude oil output capacity to 4 million barrels a day by 2020, Kuwait Oil Co.’s Mohammad A. Husain said. The country will maintain this output level to 2030, he said at a conference in Abu Dhabi today.... Read More »
7 February 2010, 1:24 pm
Kuwait is set to post a surplus of 24 billion dollars in the current fiscal year on the back of higher oil prices, despite projecting a shortfall, an economic report forecast on Sunday.... Read More »
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