Monday 22 December 2014
 
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global investment

Qatar seeks to spread wealth with IPOs

  Qatar is planning a wave of new listings on the local exchange. While the planned IPO bonanza may be socially driven, it looks a bit ambitious from a financial standpoint.     The aim is

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Global annual climate spend hits $364bn

Global annual investment to curb climate change reached approximately $364 billion in 2010/2011, according to a new report. This amount, while significant, falls short of most estimates of investment needed to limit global warming

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ICC revises guidelines for global investment

The International Chamber of Commerce (ICC) has reissued its guidelines for global investment to adapt to new challenges of the investment environment and further promote investment as a driver of economic growth. The revised gui

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Global Investment, Kamco cut nearly 100 jobs

Kuwait's Global Investment House has laid off 17 per cent of its staff, or 60 employees, across the region as part of cost-cutting measures at the debt-laden firm, two sources said Sunday. Most of the job cuts at Global, which is in talks

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Global Investment House cuts Q4 loss

Kuwait's Global Investment House narrowed its fourth-quarter net loss by almost 40 percent to 27 million dinars ($97.4 million), Reuters calculated, as the firm cut operating and interest costs in 2010. Global, one of Kuwait's biggest inve

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UAE bank deposits Global's dues to court

Abu Dhabi-listed National Bank of Umm Al Qaiwain on Monday said it has deposited $250 million with a Dubai court after a ruling asking the bank to return the money to Kuwait's Global Investment House. The bank said in a statement to Abu Dh

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Global Investment House Q1 loss narrows

Kuwait's Global Investment House narrowed its net loss as expected in the first quarter and could move into profit in the second period with a boost from advisory fees. The firm, one of Kuwait's biggest investment firms, is advisin

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Sell KFH shares, investors urged

Global Investment House, one of Kuwait’s top investment banks, is recommending investors to sell their shares in Kuwait Finance House (KFH), Kuwait’s leading Islamic bank. Global said that it expects KFH's bottom-line to exhibit a profitab

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Global's funds listed on Bahrain bourse

The Bahrain Stock Exchange (BSE) has approved the listing of six funds issued by Global Investment House at the exchange. The approval was signed by BSE director Fouad Rashid and Global Investment House executive vice-president Omar El Quq

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Ithmaar sells 2.47pc BBK stake to GIH

Ithmaar Bank, a Bahrain-based investment bank with global reach, and Global Investment House (GIH), headquartered in Kuwait, have mutually agreed to rebalance their stake in BBK as part of their continued strategic cooperation as major shareholder

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