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Sun, 05 Jul 2009 | 04:53 GMT
 

  • Kuwait Reserves Total $350B; Foreign Invest See Losses


    The total reserves of Kuwait amounts to KD 103 billion which equals 350 billion US dollars, reports Al-Qabas daily quoting government sources. Arab Times - 04Jul 11:33GMT
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  • Al-Saadoun vows to grill PM over investments


    The final parliamentary session before the summer break ended with a threat from MP Ahmad Al-Saadoun to grill His Highness the Prime Minister Sheikh Nasser Al-Mohammad over investments in Arab countries worth millions of dinars. Kuwait Times - 04Jul 06:43GMT
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  • Kuwait: 58% pass rate for Religious Studies pupils


    228 of the 643 school pupils who recently sat the Religious Studies exam as part of their high school degree course passed, including 205 of the 471 Kuwaiti pupils who sat it. Kuwait Times - 04Jul 06:42GMT
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  • Iran Strips Zain Of Mobile License


    Kuwaiti Mobile Telecommunications Co. (Zain) has reportedly landed in trouble in Iran as the government says the company failed to "fulfill its obligations". Tehran Times - 04Jul 06:15GMT
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  • GCC States To Sign Power Swap Deal


    Officials from Gulf oil producers will meet in Saudi Arabia this week to sign an agreement on the exchange of power supplies in the event of shortage or disruption within a planned power grid. Emirates Business 24/7 - 04Jul 06:09GMT
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  • Gulf bourses muzzy pending Q2 results


    Uncertainty prevailed at most of Arab stock markets this week as investors awaited the release of second-quarter corporate results, which they believed would decide the course of regional markets in the coming stage, financial analysts said Friday. The Saudi Gazette - 04Jul 05:54GMT
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  • Investors keep eye on corporate results


    Saudi shares were volatile last week as the financial sector was negatively affected by hardships facing certain Saudi family businesses, mainly Saad Group and Ahmad Hamad Al-Gosaibi & Brothers Co. (AHAB). Arab News - 04Jul 05:43GMT
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  • Al Adwah elected to parliament after recount


    Khalid Al Adwah, an independent candidate who lost the May 16 election in Kuwait, was declared elected recently after a recount of votes in his constituency. Gulf News - 04Jul 05:28GMT
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  • Mideast IPOs drop 87% in H1 of '09


    Middle East companies launched fewer initial public offerings (IPOs) in the first half compared with a year earlier as choppy regional markets and concerns over the global financial crisis weighed on sentiment, Zawya.com data showed. The Saudi Gazette - 04Jul 04:44GMT
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  • Kuwait: MoE panel to review blacklisted universities case


    A specialist committee has been formed by the Ministry of Education (MoE) to review the conditions in recently-blacklisted universities in the Philippines and India where Kuwaiti students are studying. Kuwait Times - 03Jul 06:51GMT
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CBK Capital Is Closed
 
Arabic language (0:31)
According to Alaswaq.net, Commercial Bank of Kuwait's CBK Capital has been closed - 01Jul
 

Research     

International Financial Advisors (IFA)
TAIB Securities WLL - 30 Jun 2009

TAIB initiates coverage on lFA with a NEUTRAL investment opinion and a target price of KWD 0.163, representing a 1.6% upside potential to the current market price of KWD 0.16. The company is expected to record FY09 net profit of KWD 9.2 million, compared to a loss of KWD 45 million for FY08. The stock is trading at a PE of 12.9x for FY09E.

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Community Buzz

Stories in Kuwait

Companies in Kuwait

Most viewed companies by Community in the last 24 hrs
Company Name Country Industry
Mohamed Abdulmohsin Al Kharafi and Sons Company Kuwait Multi-line
National Bank of Kuwait Kuwait Banking
Burgan Company for Well Drilling Trading and Maintenance Kuwait Oil and Gas Field Services
Kuwait Aviation Services Company Kuwait Transportation Services
Ministry of Health - Kuwait Kuwait Ministries and Municipalities
Kuwait Food Company Kuwait Restaurants and Cafes
Kuwait Telecom Company Kuwait Telecommunications Services
Kuwait National Airways Kuwait Transportation Services
Kuwait National Cinema Company Kuwait Exhibitors
Commercial Facilities Company Kuwait General Financial Services
 

Projects

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Calendar

 EntityEvent 
01Nov Organized by PennWell Corporation POWER-GEN Middle East 2010 (3 days from 01-03 Nov 2010)
03Oct Organized by Riyadh Exhibitions Company Saudi Build 2010 (4 days from 03-06 Oct 2010)
23May Organized by Riyadh Exhibitions Company Saudi Water Technology 2010 (4 days from 23-26 May 2010)
23May Organized by Riyadh Exhibitions Company Saudi Elenex 2010 (4 days from 23-26 May 2010)
23May Organized by Riyadh Exhibitions Company Saudi Luminex 2010 (4 days from 23-26 May 2010)
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Zawya Select
ZawyaSelect
Oil & Gas
Untapped Oil
Arab countries control nearly 43 trillion cubic metres (tcm) of additional gas deposits but they remained undiscovered or untapped, their oil group has said.
 

 
Islamic Finance
Lacking Government Support
The impressive growth of Islamic finance in the GCC countries could not be achieved without government support. However, the extent of government support varies considerably across GCC countries.
 

 
Financial Services
Dealing In Debt
The recent spate of bond issuances, both corporate and sovereign, has revived hopes of a thriving debt capital market in the Gulf. But is the fledgling bond market ready to fill the crucial capital need, and convince investors debt is more than a four-letter word?
 
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 18,395
2 National Bank of Kuwait Kuwait 13,629
3 Kuwait Finance House Kuwait 10,086
4 Commercial Bank of Kuwait Kuwait 4,505
5 Agility Public Warehousing Company Kuwait 3,998
» View Full List
 
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Companies in Kuwait
 
EIU Research On Kuwait Economy & Sectors
 
 
 
 
 
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