09/05/2010 00:00 AST

National Industries Group, the largest industrial investment company in Kuwait, reported a first- quarter profit of 4.7 million dinars ($16 million).

The company had a loss of 36.6 million dinars in the year- earlier period, National Industries said in a statement posted in the Dubai bourse website today.


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Kuwait's National Industries Group Holding (NIG) said on Sunday it has appointed banks to raise more than 100 million Kuwaiti dinars (358 million US dollars) in a Shariah-compliant syndicated loan.

Al Watan

Ticker Price Volume
NICBM Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Ticker Price Change
PAPER 192.00 2.00 (1.05%)
SALIK 5.10 0.01 (0.19%)
PARKIN 5.38 0.04 (0.74%)
AIRARABIA 3.34 0.04 (1.21%)
DIC 2.28 -0.01 (-0.44%)
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