NBK Signs Cooperation Agreement with KFIC
According to the new cooperation agreement, NBK will issue prepaid card holders to customers who have undertaken a loan from KFIC.
Australian College of Kuwait (ACK) “Goes Pink” to Support Breast Cancer Awareness Month in Kuwait
The latest of ACK’s CSR efforts includes promoting breast cancer awareness throughout the month of October, the “Breast Cancer Awareness Month”.
GCC Equity Markets Q3 2017 Review by Kuwait Finance and Investment Company (KFIC)
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.
GCC Equity Markets August 2017 Review by Kuwait Finance and Investment Company (KFIC)
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.
ACK Business Students Showcased Their Projects at Al-Yaal Mall
School of Business students at the Australian College of Kuwait (ACK) gave an outstanding presentation to Al-Yaal Mall management, presenting their strategic marketing plans for small and medium-sized enterprises (SME’s).
GCC Equity Markets June 2017 Review by Kuwait Finance and Investment Company (KFIC)
According to the Equity Markets June 2017 Review by Kuwait Finance and Investment Company (KFIC), MSCI decided to include Saudi Arabia on its watch-list for potential addition to Emerging Market Index as The Kingdom showed significant willingness to improve stock market regulations and easing conditions for foreign investors. In the UAE, The Emirates NBD UAE Purchasing Managers’ Index (PMI), a key indicator of the health of the UAE’s non-oil private sector, fell to 54.3.
GCC Equity Markets May 2017 Review by Kuwait Finance and Investment Company (KFIC)
According to the Equity Markets May 2017 Review by Kuwait Finance and Investment Company (KFIC), Saudi Arabia signed billions of dollars of deals with US companies during President Donald Trump’s visit to Riyadh. Estimates of the total deal value vary from USD300bn to USD400bn. Kuwait’s Deputy Prime Minister and Finance Minister Anas Al-Saleh has affirmed the importance of economic reforms made in Arab oil-exporting countries against the sharp drop in global oil prices.
Direct Flights between Athens and Kuwait to Start in June as Al Kazemi Travel Agencies Co. Became Aegean’s GSA in Kuwait
The agreement will see Aegean Airlines begin direct flight service between Athens and Kuwait on the late evening of June 20th with a frequency of 2 flights per week.
HOT Engineering Was Awarded the Project for “The General Department of Criminal Evidence Headquarters” in Kuwait
HOT Engineering & Construction Co., a leading engineering construction company in Kuwait, has received an official Award Notification from Central Agency for Public Tenders, Kuwait for the Project SPA/189 “The General Department of Criminal Evidence Headquarters” in Kuwait.
Reinforcing Kuwait’s Construction Sector: HOT Engineering Signed an Agency Agreement with Vietnam’s HOA BINH
HOT Engineering & Construction Co., a leading engineering construction company in Kuwait, has taken a significant step forward today and is pleased to announce that it has officially signed an Agency Agreement with HOA BINH Construction and Real Estate Corporation of Vietnam.