Saturday 28 December 2024
 
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kuwait company

Qurain Petchem suffers $6.85m loss

Kuwait-based Qurain Petrochemicals Industries Company (QPIC) has registered a net loss of KD1.9 million ($6.85 million) for 2010 compared to KD7.09 million ($24.8 million) net profit in the same period the previous year. The company announ

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Kuwait firm buys stake in Moroccan developer

Kuwait-based investment company, North Africa Holding Company (NorAH), said it has acquired a minority stake in Moroccan housing developer Dar Saada Company. A major pan-regional investment firm, NorAH said with this stake buy, i

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