November 14, 2022

Gulf Insurance Co. earns approximately USD 69.9 mln

The Gulf Insurance Group posted KD 23.09 million (approx. USD 69.9 million) worth of net profits in this year’s first nine months, declining by 66 percent as compared with the earnings recorded in the same period of the past year.The company said in a…

Egypt Kuwait Holding Company gains KD 56.8 net profit

Egypt Kuwait Holding Company (EKH) announced on Monday gaining a total net profit of KD 56.8 million (USD 172.1) during the first nine months of the current year, with growth percentage of 63.8, in comparison to the same period of year 2021.EKH said i…

KDIPA: new direct investments worth KWD 106.1 million

— Kuwait Direct Investment Promotion Authority (KDIPA) announced that it attracted KD 106.1 million (USD 322 million) new direct investments during the fiscal year 2021-22, bringing its total cumulative investments to about KD 1.309 billion dinars (US…

Kuwait money technology summit kicks off

Kuwait’s first money technology summit, organized by Al-Jarida newspaper, kicked off on Monday with the participation of business pioneers and company owners.In a speech at the opening ceremony, the newspaper’s chief editor Khaled Al-Mutairi said the …