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Jazeera Airways reports April 2013 operational performance
The April report, which presents market share figures based on official statistics from Kuwait's Directorate General for Civil Aviation (DGCA), also showed that Jazeera Airways grabbed significant market shares on routes serving Amman, Beirut,…
Kuwait may impose travel ban on traffic violators
Posted by staff reporterThursday, June 20 - 2013 at 02:03 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without…
Investment Dar seeking 50% debt cut
Posted by staff reporterThursday, June 20 - 2013 at 01:56 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without…
Kuwait inflation climbs in April to 2.8%
Posted by staff reporterThursday, June 20 - 2013 at 01:56 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without…
KFH capital increase subscribed amounts exceeds proposed amount of shares
Al-Khudairy added that according to what is planned and as agreed with the subscription agent of Kuwait Clearing Company, which works hard to complete the allocation process, it is expected to complete the process…
KidZania opens first kids city in Kuwait
The award-winning company's 13th location, KidZania Kuwait, joins Mexico, Portugal, South Korea, Indonesia, Malaysia, Japan, Dubai, Chile and Thailand in offering KidZania's unique and ultra-realistic role-play experience within a kid-sized envi...…
Zain considering IT acquisitions
Posted by staff reporterWednesday, June 19 - 2013 at 05:50 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without…
Zain Kuwait launches competitive rates on Internet roaming services to UK and GCC
These rates allow customers to surf the Internet and connect with loved ones at affordable rates, while being in total control of their roaming costs.Zain's competitive new roaming rates cater to various segments; the…
NBK Group and VIVA sign a multi-currency financing agreement of $270m
The financing includes a $70m Murabaha Facility from Boubyan Bank, a member of NBK Group. The tenor of the financing is five years.Salman Al Badran, VIVA Chief Executive Officer, Adel Al-Majed, Boubyan Bank Vice…
Kuwait Finance House Research and INCEIF sign MoU
The MoU will ensure significant collaboration between KFHR and INCEIF in order to enhance research and development within the Islamic finance industry. Particular focus will be placed on driving human capital development, enhancing knowledge…
United Real Estate Company – provisional bond rating of ‘BBB-’, ‘Positive’ outlook, assigned
The rating is underpinned by the Company's generally sound overall financial, track record of profitability and the positive impact of the bond - which should significantly improve the Company's debt profile, as well as…
Warba Bank launches ‘E’tamid Warba’ promotional campaign for its retail products
The campaign covers all local media means of communication, including newspapers, online and social networking websites. For the purpose of the campaign, Warba Bank will also have a special presence at both the Avenues…
Jazeera Airways shares take a break from rising
Gérard Al-Fil, Financial JournalistTuesday, June 18 - 2013 at 15:04 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited …
MBMC receives customer accolades for service quality
"MBMC consistently delivers a totally professional approach, right through from service technicians to the management," said Mr. Mejbel Al Shimmri, one of the participants in the customer forum. "I have a long experience of…
Kuwait finance House launches a campaign with 4 privileges
These financial services reflect KFH's keenness to serve clients and cater to their needs on the one hand, and boost the market on the other hand.Kuwait Finance House KFH Individual Financing Executive Manager Talal…
A.R. Albisher and Z. Alkazemi Co launches new GL 63 AMG
As one of the globe's most powerful SUVs, the GL 63 AMG blasts from 0 to 100 km/h in just 4.9 seconds, hitting a top speed of 250 km/h (electronically limited). The heavy…
Best Western launches first property in Kuwait
Posted by staff reporterTuesday, June 18 - 2013 at 01:02 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without…
Kuwait Airways and Microsoft Kuwait sign enterprise agreement
Under the agreement, the national carrier of Kuwait will adopt Genuine Microsoft software which will enhance productivity, improve collaboration and maximize communications across the company. Microsoft services will enable Kuwait Airways to lev...…
ASAR-Al Ruwayeh and Partners hosts seminar on implications of foreign account tax compliance act across Kuwaiti businesses
The event was held at the JW Marriott Hotel in Kuwait City and was attended by representatives of various leading banks, investment companies and other corporates in Kuwait and the broader GCC region. Guest…
Tommy Hilfiger store opens in Kuwait City
Located in the Kuwait Avenues Mall on 5th Ring Road, the store opened on March 24, 2013, and is the latest addition to the growing portfolio of Tommy Hilfiger stores in key shopping destinations…
Jazeera Airways Group secures $90m in aircraft funding from Kuwait’s NBK, and DVB Bank SE
The loan, which has a 12-year term, is employed to fund the purchase of three brand new Airbus A320 aircraft, one of which was already delivered earlier this month.NBK Kuwait CEO Sheikha K. Al-Bahar…
Kuwait bourse buoyant despite parliament’s dissolution
Gérard Al-Fil, Financial JournalistSunday, June 16 - 2013 at 16:21 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited …
Track Learning Solutions launches Seminar4Success at Marina Hotel Kuwait
The event showcased case studies from Kuwait around the utilization and integration of Technology Based Learning into corporate training initiatives shared by Kuwait Investment Company (KIC), Al-Sayer Group (Kuwait) and Guest speaker, Mr. Ammar…
EQUATE wins international CSR award
On this occasion, EQUATE President & CEO Mohammad Husain said, "Coming from the prestigious UK-based CIPS, EQUATE was granted this award for its distinguished CO2 Recovery Project, which is the first of its kind…
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