News

Gulf Bank announced today that it has won the ‘Bank of the Year’ award from Arabian Business, one of the most respected business magazines in the Middle East.

“Digital media literacy has become a staple of education all around the world, except in the Arab region, We (American University of Beirut) hope to bridge this gap,” said Jad Melki, the director of the Media Studies Program at AUB.

Gulf Bank staff recently concluded their annual visits to children’s hospital units associated with Kuwait Association for the Care of Children in Hospitals (KAACH).

Gulf Bank announced a net profit of KD 14.3 million for the first half of 2013, an increase of 12%, against KD 12.8 million for the same period last year.

KIPCO Asset Management Company (KAMCO), Gulf Bank, and Burgan Bank were the Joint Lead Managers of the Issue.

The value of the Eldorado Hill Office, Caixa Construções’ commercial building, has increased to almost 80% shortly before the delivery of the building.

In the last few years the real estate market has gone through a vast expansion. There has been a greater concentration of new housing in states where the growth is also exponential.

According to the ‘Luxo, Demografia e Estilo de Vida no Brasil’ (‘Luxury, Demographics and Lifestyle in Brazil’) report from the North American company Bain and Company, this market is increasing in Brazil by more than 20%.