Business

KIB makes KD 6 mln in profit, 88% growth

Kuwait International Bank (KIB) made almost KD 6 million of net profit, as well as an 88-percent growth, attributable to shareholders, said the lender’s chair With earnings per share (EPS) standing at 2.87 fils, KIB Chairman Sheikh Mohammad Jarrah Al-S…

Egypt offers new lands to narrow $30 bn trade gap

Egypt’s Industrial Development Authority (IDA) is set to offer for sale 1.7 million square metres of lands to investors, as part of a plan to narrow the country’s $30 billion trade gap, according to a statement on Sunday 13/8/2023.The IDA will offer 7…