News On Stake
Saudi Company Takes 25% Stake In Kuwaiti-owned JOLT Cafe An undisclosed Saudi company has acquired 25 percent ownership of JOLT café which is owned by a group of young Kuwaiti entrepreneurs, reports Al- Qabas daily quoting informed sources. They i... February 11, 2020 927 Category: Business
KAPP Set To Launch 50% Of Equity Stake For Public Offering On Oct 1 The Kuwait Authority for Partnership Projects (KAPP), during a press conference said it is set to launch on Oct 1, the public offering of its 50% equity stake in Shamal Azzour Al- Oula KSCP, the owner... September 30, 2019 387 Category: Business
India’s Democracy Is At Stake My columns on the recent events in Kashmir have prompted a flurry of letters, some supportive of my views while others vehemently opposed to them and accusing me of being ignorant on the subject as I ... August 28, 2019 7469 Category: International
Saudi Aramco To Buy Stake In Reliance Industries Oil, Chemicals Unit Saudi Aramco continued its push into Asian oil refining with an agreement announced Monday to buy a 20% stake in Reliance Industries Ltd’s oil-to-chemicals division at an enterprise value of US$... August 12, 2019 424 Category: International
KIA Sold 16.1% Stake In Gulf Bank To Alghanim Trading Co Kuwait Investment Authority (KIA) has sold a 16.1 percent stake in Gulf Bank to Alghanim Trading Co for KD 152.93 million ($503 million), making the business conglomerate the biggest shareholder of th... July 25, 2019 410 Category: Business
CMA Holds Session With Local Investors On Bidding Process For Stake In Boursa Kuwait On the 3rd of September 2018, the Capital Markets Authority’s (“CMA”) advisors, Tri International Consulting Group and KAMCO Investment Company, held a consultation session with loca... September 04, 2018 375 Category: Kuwait
Omani Company Listed On Muscat Securities Market Kuwait-based Global Capital Management (GCM) has concluded a successful exit of its controlling stake in Al Jazeera Steel Products Company, a Omani company listed on Muscat Securities Market. The t... March 29, 2018 442 Category: Kuwait
KIA Had Earlier Announced Its Plan To Leave Areva And Sell Its 4.8 Percent Stake To The French Government For 83 Million Euros MP Khaled Al-Otaibi has forwarded questions to Finance Minister Anas Al-Saleh about the sale of Kuwait Investment Authority’s (KIA) stake in the French company Areva. He said KIA had earlier ... August 11, 2017 808 Category: Kuwait
Kuwaits Noor Said To Mull Sale Of Pakistan Bank Stake Kuwait’s Noor Financial Investment Co is weighing the potential sale of its 49 percent stake in Pakistan’s largest Islamic lender Meezan Bank Ltd, according to people familiar with the mat... May 26, 2017 532 Category: Kuwait
Dubai Group Agrees 2.4bn Dollars Deal For Majority Stake In Kuwait Food Co An investment group led by prominent Dubai businessman Mohamed Alabbar has agreed to buy a majority stake in Kuwait Food Co. (Americana) from the Kharafis, a wealthy Kuwaiti merchant family, for about... June 19, 2016 1313 Category: Kuwait
Kuwait Burgan Bank Sells Stake In Jordanian Bank To Parent Firm Kuwait's Burgan Bank said on Wednesday it would sell its controlling stake in Jordan Kuwait Bank to another subsidiary of parent firm Kuwait Projects Company (KIPCO). The deal, involving Jordan... December 31, 2015 2242 Category: Kuwait
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