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- Kuwait's $11.25bn bond issuance elicits solid global investor interest
- e& UAE teams up with Honeywell to deliver 5G, AI-powered solutions for SMEs
- Boursa Kuwait's indices soared in September demonstrating substantial confidence
- Zain renews compliance with Payment Card Industry Data Security Standard
- Boursa Kuwait rings the bell with Kuwait University's CFA Research Challenge winners
- Oman, Belarus sign $1.4bn pulp and paper mill investment deal
- Ominvest hosts key event to advance group-wide sustainability alignment
- Investors rushing back to Emerging Markets, says expert
- Bahrain launches international tender for new SWRO desalination plant
- PureHealth acquires 60pc stake in Greek healthcare group for $939m
09/07/2014 11:42 AST
In a statement to the local bourse, Kuwait-based Al Madina For Finance and Investment reported that it has agreed with Boubyan Bank to settle a debt of KWD 10 million ($35.9 million) in exchange for some of its assets.
The statement said that Al Madina has sold a plot of land in Abu Dhabi in the UAE 'in order to begin the implementation of the first phase of the settlement with Boubyan Bank, accordingly the bank is bearing the remaining liability related to the land amounting to KWD 1,203,451, reducing the company's liability by this amount.
CPI Financial
13/06/2016
The extraordinary general assembly meeting of Al Madina For Finance and Investment will approve amendments to the company's statute, such as allowing the company to buy and sell its treasury stock eq
Gulfnews
08/11/2015
A multi-use healthcare complex with several facilities including a tertiary care hospital, a three-star hotel apartment and residential housing units, is coming up at Al Hail in Seeb. The multi-use
Oman Daily Observer
18/08/2014
Al Madina for Finance & Investment Company, a Kuwait-based firm, reported on Sunday a net loss of 2.84 million Kuwaiti dinar for the second quarter of this year, marking an drop from the 199,000 in l
Gulf News
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08/10/2025
e& UAE, the flagship telecom arm of e& in the UAE, and Honeywell, a global leader in industrial automation, today (October 7) announced the signing of a Performance Partner Program Agreement to deplo
Trade Arabia
08/10/2025
Zain Kuwait announced the renewal of its compliance with the Payment Card Industry Data Security Standard (PCI DSS Level 1, version 4.0.1) following a comprehensive independent audit by an approved Q
Kuwait Times
08/10/2025
Oman International Development and Investment Company (Ominvest) said it has successfully hosted the ESG Connect event in collaboration with Sustainable Square in Muscat.
The event brought
Trade Arabia
08/10/2025
PureHealth Holding, a leading healthcare group in the Middle East, today (October 7) announced the successful completion of the acquisition of its 60% stake in Hellenic Healthcare Group (HHG), Greece
Trade Arabia
08/10/2025
QNB Group announced the license approval has been received for a digital-first banking entity, ezbank, from the Central Bank of Egypt.
This milestone reflects the Group's commitment to suppo
QNA
Financial Information Co.
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