National Industries sells foreign investment fundsKuwait-based National Industries Company (NIC), a specialist in manufacturing and marketing of building materials, said it has sold some of its foreign investments funds for KD47 million ($160 million). The Kuwaiti firm netted a p More… |
National Industries sells foreign investment fundsKuwait-based National Industries Company (NIC), a specialist in manufacturing and marketing of building materials, said it has sold some of its foreign investments funds for KD47 million ($160 million). The Kuwaiti firm netted a p More… |
Kuwait's National Industries loses $966mKuwaiti conglomerate National Industries Group Holding, an affiliate of family-owned Kharafi Group, said it posted a loss of 281.96 million dinars ($966.4 million) in 2008 and planned to pay no dividend. Kuwait's biggest construction mater More… |
NIG extends $1bn capital hike deadlineKuwait's National Industries Group Holding (NIG) has extended the subscription period for a capital increase after its stock fell below the issue price. In May, NIG's shareholders approved a 25 percent capital increase; offering 294.3 More… |
NIG extends $1bn capital hike deadlineKuwait's National Industries Group Holding (NIG) said on Thursday it had extended the subscription period for a capital increase after its stock fell below the issue price on the back of a bourse slide. In May, NIG's shareholders a More… |
National Industries Q2 profit plunges 40pcKuwaiti conglomerate National Industries Group Holding, an affiliate of family-owned Kharafi Group, said on Tuesday second-quarter net profit fell by 40.6 percent. Net profit in the three months to June 30 was KD58.4 million ($218.3 millio More… |
National Industries profit surges 55pcKuwaiti conglomerate National Industries Group Holding posted a 55 percent increase in its full-year net profit. Profit in 2007 was 209.36 million dinars ($786.5 million) compared with 134.99 million dinars in the year-earlier period, it s More… |