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16/04/2012 09:56 AST
Kuwaiti Investment Company (KIC) earned a total of 3.5 million Kuwaiti dinars in 2011, at a rate of 6.4 Kuwaiti fils per stock, compared to KD three million worth of losses, at 5.5 fils per share, incurred in 2010, said KIC Chairman and Chief Executive Officer (CEO) Bader Al-Subaiee.
Addressing the annual general assembly of the company, on Sunday, Al-Subaiee said the company approved financial report of the fiscal year that expired on Dec. 31, 2011.
Elaborating, he said total assets of the company amounted to KD 243 million in December 2011, compared to KD 257 million in the same month of 2010.
The company's liabilities reached KD 122 million in 2011 in contrast to KD 138 million in 2010, he said, assuring attending shareholders that the company worked out new investment strategies and restructuring plans, noting that prudent planning had spared the company heavy losses at peak of the world financial crisis.
KUNA
19/08/2014
Kuwait Investment Company ponders launching an investment fund in the Gulf finance markets - compatible with the Islamic Shariaa (law). In a statement on Sunday, Bader Nasser Al Subaiee, the company'
Arab Times
09/03/2014
Kuwait Investment Company (KIC) announced on Saturday attaining a net profit of KD 9.6 million in 2013, with an increase by 227 percent from previous year, earnings per share (EPS) of 17.52 fils comp
Arab Times
29/09/2012
Kuwait Investment Company (KIC) announced signing an agreement with Istidamah Holding, a company specialized in integrated environmental solutions, to be benefit from their services in the areas of e
Arab Times
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| OSOUL | 156.00 | 1.00 (0.64 |
| BAYANINV | 59.50 | 0.80 (1.36 |
| GFC | 143.00 | 5.00 (3.62 |
| KINGDOM | 9.09 | 0.21 (2.36 |
| TADAWULGROUP | 195.80 | 1.40 (0.72 |
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
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