World Bank backs USD 13 bln capital increase...

April 23, 2018

The World Bank endorsed a 'historic' package of measures including a USD 13 billon paid-in capital increase that strengthens the global poverty fighting institutions ability to scale up resources and deliver to areas in need around the world.
'The boost in capital will be"...

KIB reports KD 7.7mn net profit for Q1

April 23, 2018

Kuwait International Bank (KIB) reported a net profit attributable to shareholders of KD 7.7 million at the end of the first quarter of 2018. Net profit increased by 1.5 percent, or KD 0.1 million, as compared to the same period of last year.

In"...

Global shareholders approve 5% cash dividend...

April 23, 2018

Global Investment House (“Global” or the “Company”), a regional asset management and investment banking firm headquartered in Kuwait, with offices in major capital markets in the MENA region, held today its Annual General Meeting.

The"...