titleKuwait Economy <subtitle type="text"></subtitle> <link rel="alternate" type="text/html" href="https://marcopolis.net"/> <id>https://marcopolis.net/</id> <updated>2024-05-08T17:27:43+00:00</updated> <author> <name>Marcopolis</name> <email>info@marcopolis.net</email> </author> <generator uri="http://joomla.org" version="1.6">Joomla! - Open Source Content Management</generator> <link rel="self" type="application/atom+xml" href="https://marcopolis.net/kuwait-economy/feed/atom.htm"/> <entry> <title>GCC Equity Markets October 2017 Review by Kuwait Finance and Investment Company (KFIC) 2017-11-07T11:26:51+00:00 2017-11-07T11:26:51+00:00 https://marcopolis.net/gcc-equity-markets-october-2017-review-by-kuwait-finance-and-investment-company-kfic.htm Scherzando Blaise Karasu scherzando@marcopolis.net <p><img style="border: 0px none; margin: 5px; float: left;" src="images/stories/kuwait_report/2017/stories/kfic-november-octoberreport/KFIC-Equity-Markets-Monthly-Review-October-2017.jpg" alt="GCC Equity Markets October 2017 Review by Kuwait Finance and Investment Company (KFIC)" width="935" height="526" /></p> <p>According to the Equity Markets October 2017 Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as measured by the MSCI GCC IMI Index declined by -2.7% MTD. UAE’s DFM Index was the top performing regional index, followed by Abu Dhabi’s ADSM Index. Kuwait’s Weighted Index fell by -2.5% with negative performance coming from Consumer goods -9.2%, Telecom -7.9% and positive gains came from Oil &amp; Gas +1.4%.</p> <p class="feed-readmore"><a target="_blank" href ="">Read More...</a></p> <p><img style="border: 0px none; margin: 5px; float: left;" src="images/stories/kuwait_report/2017/stories/kfic-november-octoberreport/KFIC-Equity-Markets-Monthly-Review-October-2017.jpg" alt="GCC Equity Markets October 2017 Review by Kuwait Finance and Investment Company (KFIC)" width="935" height="526" /></p> <p>According to the Equity Markets October 2017 Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as measured by the MSCI GCC IMI Index declined by -2.7% MTD. UAE’s DFM Index was the top performing regional index, followed by Abu Dhabi’s ADSM Index. Kuwait’s Weighted Index fell by -2.5% with negative performance coming from Consumer goods -9.2%, Telecom -7.9% and positive gains came from Oil &amp; Gas +1.4%.</p> <p class="feed-readmore"><a target="_blank" href ="">Read More...</a></p> NBK Signs Cooperation Agreement with KFIC 2017-10-30T11:39:02+00:00 2017-10-30T11:39:02+00:00 https://marcopolis.net/nbk-signs-cooperation-agreement-with-kfic.htm Scherzando Blaise Karasu scherzando@marcopolis.net <p><img style="border: 0px none; margin: 5px; float: left;" src="images/stories/kuwait_report/2017/stories/kfic-october-nbk/kfic-nbk-cooperation-agreement-kuwait-october-2017.jpg" alt="NBK signs cooperation agreement with KFIC" width="935" height="526" /></p> <p>According to the new cooperation agreement, NBK will issue prepaid card holders to customers who have undertaken a loan from KFIC.</p> <p class="feed-readmore"><a target="_blank" href ="">Read More...</a></p> <p><img style="border: 0px none; margin: 5px; float: left;" src="images/stories/kuwait_report/2017/stories/kfic-october-nbk/kfic-nbk-cooperation-agreement-kuwait-october-2017.jpg" alt="NBK signs cooperation agreement with KFIC" width="935" height="526" /></p> <p>According to the new cooperation agreement, NBK will issue prepaid card holders to customers who have undertaken a loan from KFIC.</p> <p class="feed-readmore"><a target="_blank" href ="">Read More...</a></p> GCC Equity Markets Q3 2017 Review by Kuwait Finance and Investment Company (KFIC) 2017-10-09T08:18:46+00:00 2017-10-09T08:18:46+00:00 https://marcopolis.net/gcc-equity-markets-q3-2017-review-by-kuwait-finance-and-investment-company-kfic.htm Scherzando Blaise Karasu scherzando@marcopolis.net <p><img style="border: 0px none; margin: 5px; float: left;" src="images/stories/kuwait_report/2017/stories/kfic-october-q3/KFIC-GCC-Equity-Markets-Q3-2017.jpg" alt="GCC Equity Markets Q3 2017 Review by Kuwait Finance and Investment Company (KFIC)" width="935" height="526" /></p> <p>Kuwait was upgraded by FTSE Russell to an emerging market status, which will become effective by September 2018. The upgrade could prompt cash inflows of approximately USD 700mn from foreign investors, according to NBK Capital.</p> <p class="feed-readmore"><a target="_blank" href ="">Read More...</a></p> <p><img style="border: 0px none; margin: 5px; float: left;" src="images/stories/kuwait_report/2017/stories/kfic-october-q3/KFIC-GCC-Equity-Markets-Q3-2017.jpg" alt="GCC Equity Markets Q3 2017 Review by Kuwait Finance and Investment Company (KFIC)" width="935" height="526" /></p> <p>Kuwait was upgraded by FTSE Russell to an emerging market status, which will become effective by September 2018. The upgrade could prompt cash inflows of approximately USD 700mn from foreign investors, according to NBK Capital.</p> <p class="feed-readmore"><a target="_blank" href ="">Read More...</a></p> GCC Equity Markets August 2017 Review by Kuwait Finance and Investment Company (KFIC) 2017-09-13T07:15:39+00:00 2017-09-13T07:15:39+00:00 https://marcopolis.net/gcc-equity-markets-august-2017-review-by-kuwait-finance-and-investment-company-kfic.htm Scherzando Blaise Karasu scherzando@marcopolis.net <p><img style="border: 0px none; margin: 5px; float: left;" src="images/stories/kuwait_report/2017/stories/kfic-september-august/KFIC-Equity-Markets-Monthly-Review-2017.jpg" alt="GCC Equity Markets August 2017 Review by Kuwait Finance and Investment Company (KFIC)" height="526" width="935" /></p> <p>According to the Equity Markets August 2017 Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as indicated by the MSCI GCC IMI Index increased by 0.83%. Kuwait’s Weighted Index was the top performing regional index and Qatar’s QE index was the worst performing index.</p> <p class="feed-readmore"><a target="_blank" href ="">Read More...</a></p> <p><img style="border: 0px none; margin: 5px; float: left;" src="images/stories/kuwait_report/2017/stories/kfic-september-august/KFIC-Equity-Markets-Monthly-Review-2017.jpg" alt="GCC Equity Markets August 2017 Review by Kuwait Finance and Investment Company (KFIC)" height="526" width="935" /></p> <p>According to the Equity Markets August 2017 Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as indicated by the MSCI GCC IMI Index increased by 0.83%. Kuwait’s Weighted Index was the top performing regional index and Qatar’s QE index was the worst performing index.</p> <p class="feed-readmore"><a target="_blank" href ="">Read More...</a></p>