Search Results for: Kuwait
KPI Kuwait said oil prices could reach a range of $50 to $60 a barrel by mid-2017
February 15th, 2016
Kuwait Petroleum International (KPI) said on Saturday oil prices could reach a range of $50 to $60 a barrel by mid-2017, the official state news agency and Reuters reported. The agency quoted the company’s top executive Bakheet Al-Rashidi as ...
Kuwait stock market shrinks as its economy underperforms more dynamic economies in the Gulf
September 21st, 2015
Kuwait stock delistings threaten market’s status Kuwait market shrinks as others expand Some firms complain about low valuations, liquidity Others cite costs of maintaining listing Regulator says oil companies could be listed Effort to upgrade Kuwait to emerging market ...
Kuwait opens door for foreign operator to own part of stock market
March 27th, 2015
The Kuwait Stock Exchange may offer up to 44 percent of its shares to a company that has experience in operating bourses when it goes public, a senior government official told Reuters on Thursday. Such a move, which still ...
NBK Capital: Kuwait real estate activity recovers following summer lull
November 10th, 2014
Real estate sales recovered in September after experiencing slower activity during the summer months, according to a new economic update from NBK Capital. “Total sales reached KWD 372 million, up 16 per cent year-on-year (y/y). Activity during the month ...
Commercial Bank of Kuwait cancels KWD 120 million bond
November 5th, 2014
In a statement to the Kuwait Stock Exchange on Tuesday, 4 November, Commercial Bank of Kuwait (CBK) announced that it was cancelling the sale of its proposed KWD 120 million bond. The bank said the decision was taken as ...
Kuwait bourse cancels trades in Kuwait Investment Co, Zain
October 24th, 2014
The Kuwait Stock Exchange cancelled all trades in the shares of Kuwait Investment Co and Zain that had taken place on Thursday before it suspended the stocks at mid-session, it said in a statement. Kuwait Investment Co surged 7.6 ...
European stocks dipped slightly on Tuesday
April 27th, 2021
European markets are following the trend seen overnight Asia-Pacific, where stocks mostly declined as concerns about the spread of Covid-19 lingered. Elsewhere, U.S. stock futures held steady in early premarket trading on Tuesday as investors braced for another batch ...
Oil prices boosted by Saudi Arabia pledge to deepen output cut
May 12th, 2020
Oil futures rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June in a bid to help drain the glut in the global market that has built up as the coronavirus pandemic ...
UPDATE: Crude oil prices rise
January 8th, 2020
Oil prices have risen after two bases hosting US troops in Iraq were hit by ballistic missiles. Brent crude was up by 1.4% at $69.21 per barrel in the middle of the Asian trade, easing back from earlier gains. ...
iSignthis announced the appointment of a new board member to iSignthis eMoney
May 21st, 2019
Highlights Appoints new board member to iSignthis eMoney Ltd board Dr George Theocharides experience includes o CySec Board (Cypriot Securities sector regulator) o Bank of Cyprus & Centre for Blockchain technologies o Associate Professor at Cyprus International Institute of ...