Media IN Manama, May 14 2019: Gulf Air is reinforcing a balance between the Eastern and the Western routes, the airline is expecting two more planes this summer to bolster its existing and upcoming frequencies. Gulf Air’s Chief Executive Officer,said there has been a focus on bolstering the airliner’s capacity, …
Read More »Kuwait Airways: on time record ”improved considerably”
Media IN/Abu-dhabi/11-05-2019 Kuwait Airways emphasised that its flight schedule compliance records has improved considerably for the total flights operated in the first quarter of this year. Kuwait National carrier issued a statement that its growth rate has risen 24 per cent, from 59 percent in 2018 to 83 percent during …
Read More »Kuwait oil price up 92 cents, stands at USD 70.93
Media IN/Abu-dhabi/ 11-05-2019 KUNA The price of Kuwait oil went up 92 cents Friday to USD 70.93 per barrel (pb) prior to USD 71.01 pb the day before, Kuwait petroleum corporation (KPC) said saturday. Meanwhile, the price of the Brent crude contracts went up 23 cents to USD 70.62 pb, …
Read More »Central Bank of Bahrain: Treasury bills issue 1755 oversubscribed by 332%
Media IN/ Abu-dhabi/ 09-05-2019 (BNA) Manama: The Central Bank of Bahrain (CBB) announced that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 332%.The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain. The issue …
Read More »Kuwait Port Authority record KD 48.4 million net Profits for 2018-19
Media IN/Abu-dhabi/08-05-2019 KPA reported Tuesday net profits of KD 48.4 million, equalising USD 159 million, for the fiscal year 2018- 2019 In addition to other KD 97.45 million (USD 318 million) profits made in that same fiscal year , this is, so far, the highest revenue in KPA’s history since …
Read More »Bahrain’s general and Islamic stock market indexes are closing lower
Media In \ Manama 08-05-2019 Bahrain General Index closed today at 1,441.06, down 0.66 points from the previous close. The Bahrain Islamic Index closed at 787.38, down 6.41 points from its previous close. The volume of traded shares amounted to 4 million, 426 thousand and 308 shares with a total …
Read More »KUWAIT: USD rate stable at KD 0.303, Euro at KD 0.340
Medai IN/Abu-dhabi/08-05-2019 KUNA The exchange rate of the US Dollar on wednesday was stable exchanging at KD 0.303, the same case with the Euro which also stabilised at KD 0.340, said the Central Bank of Kuwait (CBK) The CBK added that the British pound sterling went down to 0.397, whereas …
Read More »Bahrain General Index is up 4.1 points
Media In \ Manama 07-05-2019 Bahrain’s general index closed at 1,441.71 today, up 4.10 points from the previous close, due to a rise in the Commercial Banks, Investment and Services sectors. The Bahrain Islamic Index closed at 793.79 points, maintaining its previous close. The volume of shares traded today amounted …
Read More »KUWAIT EXCHANGE RATE ON TUESDAY, MAY 2019
Media IN/Abudhabu/07-05-2019 The exchange rate of the US Dollar stood at KD 0.303 and Euro at KD 0.304, said the Central Bank of Kuwait on Tuesday The CBK added that the British pound Sterling was stable at KD 0.398, while the Swiss Franc went down to KD 0.298. The japanese …
Read More »Kuwait bourse ends Monday’s trading in green zone
Media IN/Abu dhabi/ 06-05-2019 Boursa Kuwait ended trading Monday in green zone as the premiere market Index went up by 20.86points to reach 6,190.64 points. The main market index went up by 27.96 points to reach 4,845.34 points same as the All share market index which rose by 23.06 points …
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