 |
NBK net profit flat in Q1, beats estimatesNational Bank of Kuwait , the Gulf state's largest lender, reported a net profit of KD81.3 million ($285.5 million) for the first quarter of the year, compared to KD81.0 million in the same period a year ago. Analysts in a Reuters s More… |
 |
NBK opens new branch in Abu DhabiNational Bank of Kuwait (NBK) has announced the opening of its new branch in Abu Dhabi, the second in the UAE, as part of its expansion strategy. NBK, which opened its first branch in Dubai in 2 More… |
 |
Kuwait property sales down 14pcThe real estate sales in Kuwait fell 14 per cent to KD218 million ($762 million) compared to last year mainly due to a drop in residential sales, with decreased sales in the investment segment also contributing to a lesser extent, according to a More… |
 |
Kuwait real estate sales hit $11bn in 2012Kuwaiti real estate sales registered a solid 16 per cent growth in 2012 to hit KD3.1 billion ($10.9 billion) compared to KD2.7 billion the previous year, indicating a generally healthy year, said a report. The property sales more More… |
 |
Saudi economic growth seen at 3.6pc in 2013The real GDP in Saudi Arabia is expected to grow at 3.6 per cent and 3.4 per cent respectively on the back of high oil prices as well as a surge in government infrastructure spending and public sector wage growth, said a report. T More… |
 |
NBK among ‘top 5 safest banks’National Bank of Kuwait (NBK) has been listed among the top five safest banks in the Emerging Markets, by international finance magazine Global Finance. It ranked fourth on the list of the safest banks, confirming the success of t More… |
 |
NBK Bahrain net profits up 31pcNational Bank of Kuwait (NBK) said its Bahrain branch has reported net profits of BD34.6 million ($92 million) for 2012, up 31 per cent year-on-year when compared to BD26.2 million the previous year. The bank's performance rem More… |
 |
NBK net profit rises to $1.08bn in 2012National Bank of Kuwait (NBK), the largest Kuwaiti bank, has reported net profits of KD305.1 million ($1.08 billion) for 2012 compared to KD302.4 million during the same period a year ago. At ye More… |
 |
Low growth seen for global markets in 2012An anemic recovery in the US, a technical recession in the UK, a struggling Europe, a suffering Japan and a sluggish performance in emerging markets count among the global markets outlook for 2013, said an expert. The issues facin More… |
 |
Kuwait real estate sales hit $978mKuwaiti real estate sales doubled to KD275.7 million ($978 million) in November, compared to the same period last year, while the residential and commercial sector continued to put up a strong show, said a report. The strong resul More… |
