Mubasher: Kuwait Airways has accepted Automated Systems’ offer to provide infrastructure services for KWD 3.7 million. The service contract shall be effective for two years commencing as of Wednesday, 1 April 2020, until 31 March 2022, Automated …
Mubasher: The financial statements of Automated Systems have indicated to a negative turn in the results of the second quarter of 2019, compared to profits registered in the corresponding period last year. The losses of the period amounted to …
Mubasher: The shareholders of Automated Systems have approved the board’ recommendation to distribute 4 fils per share as cash dividends for the full fiscal year 2018. Dividends represent 4% of the firm’s capital, according to a bourse statement …
Mubasher: Automated Systems has signed a contract to purchase Gulf Franchising Holding’s equity in Franchise International General Trading. Gulf Franchising’s shares have a value of KWD 150,000 ($496,000). Following this acquisition, Automated …
Mubasher: Kuwait Airways currently invests in three companies listed on Boursa Kuwait with operational business alike Kuwait Airways, as reported by Al Anba Newspaper, according to an official document. The Kuwaiti airline company pumped KWD 44.5 …
Mubasher: Osos Holding Group Co achieved an increase of 63% in profits during the first quarter of 2018 compared to the same period a year ago. Earnings grew to nearly KWD 566,840 ($1.88 million) in Q1-18 from approximately KWD 346,800 ($1.15 …