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KIPCO first half profit rises 10 pct to KD 28 million (Arab Times - 28/07/2016)

The Kuwait Projects Company — has announced a net profit of KD 28 million ($93 million) in the first six months of 2016, an increase of 10 per cent on the KD 25.4 million ($84.2 million) reported for the same period last year. Earnings per share

DIC financial outlook stable: S&P (The Peninsula - 27/07/2016)

Global ratings agency Standard & Poor’s has reaffirmed the financial strength of Doha Insurance Company (DIC) with stable outlook at (A-). At a time when both the regional and global economy facing troubles, S&P’s reaffirmation of DIC’s rating means a

KFH shareholders net profit KD 70.9 mln in H1 (Arab Times - 27/07/2016)

Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, realized a net profit of KD 70.9 million for the first half of 2016 for KFH shareholders as compared to KD 62.3 million for the same period last

Dubai Financial Market Q2 net profit falls 60 per cent (The National - 26/07/2016)

The Dubai Financial Market, the emirate’s publicly traded stock market, said that its second quarter net income fell 60 per cent as trading declined, lowering the commissions that the bourse gets. Net income fell to Dh53.5 million in the three months

Meahco distributes SR186m dividends to its shareholders (Saudi Gazette - 14/07/2016)

MIDDLE East Healthcare Company (Meahco), which owns Saudi German Hospitals, has held its first ordinary general meeting chaired by the President, Eng. Sobhi A. Batterjee, and attended by members of the general assembly and board of directors in Jeddah

KFIC report of the Global and GCC Financial Markets (Kuwait Times - 12/07/2016)

Kuwait Finance and Investment Company (KFIC) clarified in its financial report for June; that global equities remained in neutral territory during the quarter as the MSCI World Index closed flat at +0.31%. The markets were impacted by the Brexit

KFH to serve clients electronically during Eid (Arab Times - 05/07/2016)

Kuwait Finance House (KFH) announced that it is ready to fulfill its commitments towards its clients during the Eid Al-Fitr holiday. The bank will continue to offer various services for its clients in Kuwait and overseas through its website that offers

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