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Tue, 09 Feb 2010 | 16:05 GMT
Tue, Feb 09, 2010, 16:05 GMT
 

  • Kuwait Projects Huge Deficit In Next Fiscal Year


    OPEC member Kuwait is projecting a $22.4 billion budget deficit for the 2010-2011 fiscal year after raising spending by over 33 percent, according to a draft budget seen on Tuesday. AFP - 09Feb 11:59GMT
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  • S&P Sees ME Corp Defaults, Plans Growth


    Standard & Poor's, expects more corporate defaults in the Middle East after Dubai World's debt crisis but doesn't foresee a change in the creditworthiness of oil-rich Gulf Cooperation Council. Zawya Dow Jones News - 09Feb 07:52GMT
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  • Gulf central bankers to meet


    The first meeting of the Gulf Central Bank will be held in March this year, said GCC Secretary General Abdul Rahman Al-Attiyah here on Monday. Arab News - 09Feb 07:21GMT
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  • Al-Mazaya sells Saudi property


    Kuwaiti real estate developer Al-Mazaya Holding said on Monday it would add SR23.1 million of ($6.16 million) profit from the sale of a property in Saudi Arabia to its first quarter profits.  Arab News - 09Feb 07:19GMT
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  • Kuwaiti Currency Market Authority fully independent: Al-Haroun


    The recently established Capital Market Authority (CMA) is a wholly independent body that is not affiliated in any way to the Ministry of Commerce and Industry, said Kuwait's commerce and industry minister Ahmad Al-Haroun. Kuwait Times - 09Feb 06:06GMT
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  • Kuwait 4-Year Plan Could Boost Economy: Moody's


    Kuwait's $104-billion development plan which parliament passed last week could boost the Gulf state's non-oil economy if implemented correctly, Moody's Investors Service said. AFP - 08Feb 13:06GMT
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  • Kuwait central bank cuts repurchase rates


    The Central Bank of Kuwait on Monday cut its one-week and one-month repurchase rates by 25 basis points each in a bid to expand money supply, a day after reducing the benchmark discount rate. AFP - 08Feb 12:29GMT
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  • Zain Says No New Bids For Its African Assets


    Kuwait's telecom giant Zain group denied on Monday reports that it has received new offers for the purchase of its operations in 15 African nations. AFP - 08Feb 11:26GMT
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  • BKME posts USD 49.5 mln in annual net profits


    The Bank of Kuwait and Middle East (BKME) posted around KD 14.3 million (USD 49.5 million) in net profits in 2009 through operating profits worth KD 85 million. KUNA (Kuwait News Agency) - 08Feb 08:50GMT
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  • Kuwait Municipality will sign MoU with KISR for future planning


    Kuwaiti Municipality will sign next week a memorandum of understanding (MoU) with Kuwait Institute for Scientific Research (KISR) to study future municipal projects and plans, said director of coordination and follow-up in the Office of the State Minister for Municipal Affairs, Abdulkarim Al-Zaid. KUNA (Kuwait News Agency) - 08Feb 08:49GMT
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Most viewed companies by Community in the last 24 hrs
Company Name Country Industry
Ministry of Electricity and Water Kuwait Electric Utilities
Ministry of Health - Kuwait Kuwait Ministries and Municipalities
Kuwait Finance House Kuwait Banking
Mohamed Abdulmohsin Al Kharafi and Sons Company Kuwait Construction and Design
Agility Public Warehousing Company Kuwait Transportation Services
Kharafi National Kuwait Construction and Design
Kuwait Telecom Company Kuwait Telecommunications Services
Kuwait Food Company Kuwait Restaurants and Cafes
Industrial Bank of Kuwait Kuwait Banking
Jazeera Airways Kuwait Transportation Services
 

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 EntityEvent 
07Mar Organized by EPOC Messe Frankfurt GmbH Festivalworld Middle East (3 days from 07-09 Mar 2011)
07Mar Organized by EPOC Messe Frankfurt GmbH Paperworld Middle East (3 days from 07-09 Mar 2011)
07Mar Organized by EPOC Messe Frankfurt GmbH Playworld Middle East (3 days from 07-09 Mar 2011)
07Dec Organized by Fairs and Exhibitions (F&E) MEBA 2010 (Middle East Business Aviation) (3 days from 07-09 Dec 2010)
28Nov Organized by IIR Middle East Essential CSR – The Basics With A Regional Arab Flavour (4 days from 28 Nov-01 Dec 2010)
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Zawya Select
ZawyaSelect
Financial Services
Reeling In The Rich
The region's rich are staging a comeback. With the timeline for an economic rebound still unknown, personal fortunes may be the first to recover from the global financial meltdown. And as the rich get richer, the region's banks are poised to catch as many big fish as they can.
 
 
Agility's Problems
Kuwait's Agility, the Middle East's largest logistics company, faces a tough 2010 as it battles a U.S. indictment that could push the company to book high provisions and dent earnings due to exclusion from future multibillion dollar government contracts.
 
 
Oil & Gas
Oil Income Dips
A steep fall in crude prices allied with heavy supply cuts to depress the combined Arab oil export earnings by more than 50% to around $277 billion in 2009, according to an official Arab oil group.
 
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Company Ranking
Ranked by Market Cap 
Based on yesterday's close
 | No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 Mobile Telecommunications Company Kuwait 14,488
2 National Bank of Kuwait Kuwait 12,347
3 Kuwait Finance House Kuwait 8,934
4 Commercial Bank of Kuwait Kuwait 4,137
5 National Mobile Telecommunications Company Kuwait 2,790
» View Full List
 
 
Related Information
Companies in Kuwait
Companies in Kuwait
Zawya Funds Analytics 
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EIU Research On Kuwait Economy & Sectors
Key Developments07Jan10
Business Outlook22Jul09
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