Thursday 27 July 2017
 
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Kuwait

Nissan KICKS 2018 launched in Kuwait

Abdulmohsen Abdulaziz Al Babtain Company (AABC), the sole authorised dealer of Nissan vehicles in Kuwait, has announced the availability of the 2018 edition of Nissan KICKS compact crossover. The new vehicle is offered at an affor

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Kuwait's trade surplus with Japan up 46pc

Kuwait's trade surplus with Japan expanded by 46.1 per cent from a year earlier to 25.6 billion yen ($228 million) in July, up for the sixth month in a row, thanks to brisk exports, said state news agency Wam citing data from Japanese Financ

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Burgan Bank's H1 net income up 24pc

Kuwait-based Burgan Bank Group has registered a 24 per cent jump in its net income for the first half of 2017 which soared to KD39 million ($128 million) from last year's KD31.4 million ($103.5 million). Announcing the earning

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Opec oil ministers set for crucial Russia meeting

Oil ministers of Organization of the Petroleum Exporting Countries (Opec) will be meeting their counterparts from the non-Opec countries in Saint Petersburg in Russia on tomorrow to assess conformity with a recent output cut resolution, said the

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Warba Bank H1 profit surges 455pc to $8.3m

‎‎Kuwait-based Warba Bank, a top investment bank, has posted a net profit of KD2.523 million ($8.3 million) for the first half (H1) of the year compared to KD0.455 million for the same period of 2016, marking a rise of 455 per cent.

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SSH-designed Kuwait JACC wins top property awards

Kuwait-based Sheikh Jaber Al Ahmed Cultural Centre (JACC), a major entertainment facility designed by SSH, a leading masterplanning, building design and construction supervision firms, has won two major awards at the Africa & Arabia Property

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Chicago Pneumatic wins big Kuwait supply contract

Chicago Pneumatic, a global construction equipment manufacturer, said it has secured a major contract from a Kuwaiti company for the supply of 100 CPLT V15 light towers for a key oil and gas project. The order for the tough and ef

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Chicago Pneumatic wins big Kuwait supply contract

Chicago Pneumatic, a global construction equipment manufacturer, said it has secured a major contract from a Kuwaiti company for the supply of 100 CPLT V15 light towers for a key oil and gas project. The order for the tough and ef

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Gulf Bank records 10pc jump in H1 net profit

Kuwait-based Gulf Bank recorded a net profit of KD22.8 million in the first six months of 2017, an increase of 10 per cent over the same period of 2016. The bank was able to generate a net interest income of KD63.5 million and an operat

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GE leads digital transformation of Kuwait CCGT plant

Global technology giant GE said its power unit has completed the digital transformation of Kuwait Ministry of Electricity and Water’s Sabiya combined cycle gas turbine (CCGT) power station ahead of schedule. The migration of

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