Profit
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Kuwait Finance House Reported A 14 Percent Rise In First-quarter Net Profit20 April 2016Kuwait Finance House (KFH) reported a 14 percent rise in first-quarter net profit according to a statement on Wednesday, as the country's biggest Islamic lender set aside less...Ooredoo Kuwait Reported A 356 Percent Rise In First-quarter Net Profit26 April 2016Mobile operator Ooredoo Kuwait reported a 356 percent rise in first-quarter net profit on Tuesday, as non-core revenue jumped. The subsidiary of Qatar's Ooredoo competes domest...Americana Posted 12 Percent Fall In Q1 Net Profit12 May 2016Kuwait Food Co (Americana) posted a 12.3 percent fall in first-quarter net profit on Thursday, citing higher costs and losses from foreign exchange for the decline. The operator...Mobile Operator Ooredoo Kuwait Posts 28 Percent Slump In Q2 Net Profit26 July 2016Mobile operator Ooredoo Kuwait reported a 28 percent fall in second-quarter net profit on Monday, continuing its earnings slump as revenue fell. The subsidiary of Qatar's...Zain Reported 14 Percent Rise In Second-quarter Profit31 July 2016Zain, Kuwait's No.1 telecom operator by subscribers, reported a 14 percent rise in second-quarter profit on Sunday, halting an extended earnings slump and aided by reduced fore...Burgan Bank Reported 14 Percent Fall In Second-quarter Net Profit02 August 2016Burgan Bank, Kuwait's third-largest lender by assets, reported a 14 percent fall in second-quarter net profit on Tuesday. A unit of Kuwait Projects Co (KIPCO), Burgan made a...Americana Posted 31 Percent Rise In Q2 Net Profit08 August 2016Kuwait Food Co (Americana) posted a 31 percent rise in second-quarter net profit on Monday. The operator of restaurant franchises in the Middle East, including KFC, made a net p...Americana Posts 86 Percent Q3 Net Profit13 November 2016Kuwait Food Co (Americana) posted a 85.8 percent jump in third-quarter net profit on Sunday, citing for the increase the positive impact on its earnings from an asset disposal. In...Visa Trading Price For Each Nationality23 November 2017Since some expatriates from certain nationalities need special approval from the security authorities to enter the country on new visas, this trend is linked to the ‘sale&rsq...12,000 Kuwaitis Using Bitcoin Currency Amounting 1 Billion Dollors27 November 2017Kuwait has not been enthusiastic about any new electronic product, as is the case with the process of the virtual currency Bitcoin (BTC), reports Al-Anba daily. The daily quotin...Kuwait's Largest Lender Eyes Saudi Expansion Plan19 December 2017National Bank of Kuwait, the country’s largest lender, plans to hire hundreds of bankers and open more branches in Saudi Arabia to tap opportunities in the kingdom. NBK, a...Kuwaits Largest Bank Posts 5.4 Pc Rise In Q4 Net Profit22 January 2018National Bank of Kuwait (NBK), the Gulf Arab state's largest commercial lender, reported a 5.4 percent rise in fourth-quarter net profit, in line with analysts' forecasts,...Kuwait's Zain Reports 16pc Increase In Q4 Profit09 February 2018Kuwait-based telecom operator Zain Group reported a 16 percent rise in fourth-quarter net profit and annual profit rose 2 percent, partly helped by a turnaround in the Saudi and Ir...Kipco Announced Net Profit Of Kd 5.64 Million For The First Three Months Of 201814 May 2018KIPCO -the Kuwait Projects Company (Holding) — announced a net profit of KD 5.64 million ($18.8 million), or 1.53 fils per share ($0.51 cents), for the first three month...Nbk Reports Net Profit Of Kd 185.9 Mln For H1 201810 July 2018National Bank of Kuwait (NBK) reported net profits of KD 185.9 million ($613.8 million) for the period of H1 2018 compared with KD 164.7 million ($543.9 million) in H1 2017, growin...