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Kuwait drops Gulfinvest from list of investment firmsKuwait's central bank has cut Gulfinvest International from the list of investment firms operating in the state, the firm reported on Monday, in what an analyst said was a step towards liquidation. 'Clients' portfolios will not More… |
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Shuaa expects no major Gulfinvest hitFinancial services group Shuaa Capital said on Monday it won't suffer a major financial setback as a result of Kuwait's Gulfinvest International defaulting on a Dh200 million ($54.47 million) loan. Gulfinvest said on Sunday it has More… |
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Kuwaiti firm defaults on loan to UAE bankKuwaiti investment company Gulfinvest International said on Sunday it has defaulted on a 200 million dirham ($54.47 million) loan to an Abu Dhabi bank, and its guarantor is in talks to restructure it. The loan from Abu Dhabi Commercial Ban More… |
