Growth, Strong Financial Performance Boosted NBK’s Net Profit During 2021
The CEO of the National Bank of Kuwait Group, Issam Al-Sager, said the growth and strong financial performance that the bank achieved at the level of all business sectors during 2021 was the main fact...
February 03, 2022147Category: Business
NBK Posts KD 362.2mn Net Profit For 2021
National Bank of Kuwait (“NBK”, the “Bank” or the “Group”) has announced its financial results for the twelve-month period ended 31 December 2021. NBK reported a ne...
January 26, 2022204Category: Business
NBK Posts KD 254.8 Mn Net Profit For 9M
National Bank of Kuwait (“NBK”, the “Bank” or the “Group”) has announced its financial results for the nine-month period ended 30 September 2021. NBK reported a net...
October 18, 2021458Category: Business
PAMA Shows 7.34 Pc Annual Profit For ’20
The Board of Directors of the Public Authority for Minors Affairs (PAMA) approved the 7.34% annual profits for the year 2020, and the Acting Director-General of the Authority Engr Hamad Al-Barjas, exp...
May 31, 2021387Category: Business
Agility Reports KD 12.6 Mln Net Profit For The First Quarter 2021
Agility, a leading global logistics provider, today reported its first quarter 2021 earnings of 6.01 fils per share on net profit of KD 12.6 million , an increase of 28.7% over the same period in 2020...
May 17, 2021507Category: Business
Some Govt Agencies Fail To Transfer Profits To State Treasury
The Central Bank of Kuwait does not transfer profits to the Ministry of Finance due to the increase in the general reserve balance of the bank from KD 250 million to KD 1 billion, so the annual net pr...
April 17, 2021347Category: Kuwait
Kuwait Ports Authority Earns KD 56.4 Million In Profit
Kuwait Ports Authority announced today, Saturday that it has earned KD 56.4 million in profits for the fiscal year 2020-2021, Al-Rai reported.
The General Director of the Foundation, Sheikh Yusef A...
April 03, 2021637Category: Kuwait
Burgan Bank Reports Operating Profit Of KD 115.5m For FY2020
Burgan Bank K.P.S.C. (“Burgan” or “bank”) announced its financial results for the Financial Year 2020. The bank reported Net Income of KD 33.7mn for the year.
FY...
February 15, 2021160Category: Kuwait
Despite COVID-19 Pandemic, Insurance Companies Achieve Profits
Despite the negative economic repercussions of the COVID-19 pandemic imposed on all economic sectors in Kuwait and the world, the insurance companies in Kuwait were able to avoid these negative reperc...
November 24, 2020360Category: Coronavirus
Zain KSA 2018 Full-year Net Profit Growth SAR 332 Million
Zain Saudi Arabia (Zain KSA), announces historical record-high financial results for all key indicators for the full-year and fourth quarter ended 31 December, 2018 with the operator serving 8.1millio...
January 28, 2019384Category: Business
EQUATE Reports Q3 2018 Results With $406 Million Net Profit
The EQUATE Group, a global producer of petrochemicals, reported its 3Q 2018 earnings today. For the third quarter of 2018, EQUATE Group achieved $406 million in net profit, reflecting an increase of 2...
November 02, 2018512Category: Business
KFH Reports KD 169.1 Mln Net Profit To Shareholders
Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that “KFH has, by the grace of Allah, reported a KD 169.10 million net profit to shareholders until end of Q3 2018 compar...
October 25, 2018363Category: Business
Gulf Bank Records 18 Percent Increase In 9 Months Net Profit
Gulf Bank K.S.C.P. (“The Bank”) announced its financial results for the first nine months of 2018. The Bank recorded a net profit of KD 42.7 million in the first nine months of 2018, an in...
October 23, 2018362Category: Business
KIB Achieves KD 15.5 Million Net Profit For 9 Months
KIB reported a net profit of KD 15.5 million attributable to the shareholders for the nine months ended Sept 30, 2018 compared to KD 13.5 million in the same period last year. This has reflected posit...
October 18, 2018445Category: Business
Mezzan Holding Reports H1 Net Profit Of KD 6.8mn
Mezzan Holding KSC, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, today announced the company’s financial results for the fir...
August 10, 20181269Category: Business
Ooredoo Kuwait Posts KD 12.2m Net Profit In H1, 2018
National Mobile Telecommunication Company, Ooredoo Kuwait, announced Wednesday net profits of KD 12.2 million ($40.3 million) for the first half of 2018.
Earnings Per Share (EPS) reached 24 fils fo...
July 27, 2018412Category: Business
VIVA Posts KD 23.8m Net Profit In H1, 2018
VIVA, Kuwait’s fastestgrowing and most developed telecom operator, announced the financial results for six-month period ended June 30, 2018; whereby VIVA’s net profit grew to reach KD 23.8...
July 24, 2018403Category: Business
KFH Reports KD 95.22m Net Profit In H1
Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, reported net profits to shareholders of KD 95.22 million for the first half of 2018 for KF...
July 24, 2018342Category: Business
Gulf Bank Records A Net Profit Of KD 27 Million In The First 6 Months Of 2018
Gulf Bank K.S.C.P. announced its financial results for the first half of 2018. The Bank recorded a net profit of KD 27 million in the first 6 months of 2018, an increase of 18% over the same period in...
July 22, 2018573Category: Business