Sunday 3 May 2015
 
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Kuwait

Chaîne dinner date

Marina Hotel Kuwait recently hosted the Chaîne des Rôtisseurs during a gala dinner held at the Atlantis restaurant. The annual event brought together professional members who appreciate and share a mutual interest in cuisine, and fin

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Kipco Q1 profit rises by 17pc

Kuwait Projects Company (Kipco), the Gulf state's largest investment company, reported a 17 per cent rise in first-quarter net profit on Saturday.   Net profit in the three months to March 31 was KD12 million

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Kipco Q1 net profit surges 17pc

Kuwait Projects Company (Kipco), the country's largest investment company, has registered a net profit of KD12 million ($40 million) for the first three months, up 17 per cent over KD10.3 million ($34.3 million) for the same period last year

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Kuwait stock regulator to align market with global norms

Kuwait's Capital Markets Authority will separate the settlement of trades from its central depository and make the time allowed for the transfer of securities the same for all investors, to bring its practices in line with international norm

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Mideast hospitals must use modular concept design

The hospitals across the Middle East region must use modular concept design to improve patient experience and make them feel at home, said an expert. "Hospitals usually have a negative reputation, and are synonymous with illn

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IBM expands ME presence with Kuwait office opening

IBM, a leading IT and consulting services company, has expanded its presenence in the Middle East by launching its first office in Kuwait. This will strengthen IBM’s ability to provide solutions and services to a rapidly exp

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Ali Alghanim backs Liqui Moly oil products in Kuwait

Ali Alghanim and Sons Automotive, the exclusive importer for BMW, MINI, Rolls-Royce, Land Rover and McLaren vehicles in Kuwait, has reinforced the technological superiority of Liqui Moly, a leading oil brand from Germany. Ali Bahb

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Ooredoo Kuwait net profit plunges 89pc

Ooredoo Kuwait, the country's No.3 telecoms operator by subscribers, blamed foreign-exchange losses from its Tunisia and Algeria operations as it posted an 89 per cent fall in first-quarter profit that extended a lengthy earnings slump.

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Kuwait’s credit growth fails to resume strength

Kuwait’s resident credit growth improved to KD96 million ($317 million) in February, remaining relatively modest, with growth rising slightly to 6.4 per cent year-on-year (y/y), a report said. Growth in household borrowing w

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Chevron Saudi unit plans to shut joint Kuwait oilfield in May

A Saudi Arabian unit of US oil major Chevron  has told its Kuwaiti partner it plans to shut down an oilfield jointly operated between the two Gulf Opec countries next month over long-standing disputes, three industry sources familiar with

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