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Top Kuwait SE News

KFH Al-Kawthar annual profit grows 5.26% in July

Kuwait Finance House (KFH) announced its annual Al-Kawthar deposit profit that reached 5.26 percent in July 2008. Arab Times - 06Aug 11:19GMT
Kuwait Safat Investment H1 profit up 171%

(Arabic) Al Safat Investment H1 profit soared to KWD29.3 million. Al-Arabiya - 06Aug 11:13GMT
Kuwait Sec House H1 profit down 38% at KWD14.2 million

(Arabic) Securities House Q2 net profit dropped 59% to KWD6.1 million. Al-Arabiya - 04Aug 11:16GMT
Al Mazaya Qatar to raise capital to QR1 billion

Al Mazaya Qatar, a subsidiary of Al Mazaya Holding, announced its plans to issue 50 million shares in an initial public offering (IPO) at QR10 per share in the last quarter of the current year, before listing on the Qatar Exchange Market Doha Securities Market (DSM). Press Release - 04Aug 09:57GMT
Zain rebrands Celtel Africa operations

Zain Group, the leading telecommunications mobile operator servicing over 50 million customers in 22 countries across the Middle East and Africa, Friday announced it has re-branded its entire African operations from Celtel to Zain (www.zain.com). Kuwait Times - 03Aug 07:20GMT

Public Offering Frenzy
The Middle East IPO market is projected to grow at a rate of 20 to 30% per annum in the next few years, says Millennium COO.
Foreigners Fleeing?
Foreign investments have been flowing out of Gulf stock markets in spite of robust earnings growth at the end of the first half of this year.

Holding Up
As long as the slide in oil prices is limited to one from unjustifiable levels to merely high ones, Gulf markets should be able to hold up.
Strong Pipeline
IPOs in the Gulf are expected to remain steady in 2008, despite the stock markets passing through a bearish phase, analysts say.

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Stories in Kuwait SE

Companies in Kuwait SE

Last Value 07Aug 09:36GMT	14,827.90
Change	1.00 ( 0.01%)
Previous Close	14,826.90
Open	14,825.30
Day High - Low	14,855.20 - 14,748.30
Year High - Low	15,654.80 - 12,039.00
YTD Change	18.07%
» More Indices \| Charting \| Exchange Info
Total Market Cap USD	205,632,610,829
Volume	175,616,000
Value Traded USD	369,749,962
Transactions	5,478
Traded / Listed Stocks	150 / 208
Stocks Movement 43 Up - 51 Down - 56 Unchanged

07Aug08 09:36GMT

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Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	Mobile Telecommunications Company	Kuwait	27,597
2	Kuwait Finance House	Kuwait	22,010
3	National Bank of Kuwait	Kuwait	18,852
4	National Industries Group Holding	Kuwait	7,421
5	Commercial Bank of Kuwait	Kuwait	6,322
» View Full List

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