Kuwait and Gulf Link Transport (KGL) News - Mubasher Info
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08 April 08:31 AM

Kuwait and Gulf Link Transport (KGL`R)

Last update: 8 May 2025 00:42 PM market time.
60.50
-0.50
-0.82%
Open 61.50
Previous Close 61.00
High 61.50
Low 59.30
Stock Statistics
Volume 155,650
Turnover 9,406.73
All data are 15 minutes late during market session

News

A return of 5% is expected to be delivered from the contract (Photo Credit: Arabianeye-Reuters)
22 December 2016 10:12 AM KGL wins lowest bids in KWD 7.36m tender
Kuwait – Mubasher: Kuwait and Gulf Link Transport (KGL) was awarded the lowest bids for a number of articles in a tender offered by the education ministry. The tender contract is worth KWD 7.36 million, with duration period of three years, the …
Companies Investments
The tender contract is worth KWD 19.89 million (Photo Credit: Arabianeye-Reuters)
21 December 2016 03:59 PM KGL unit wins lowest bids in KOC tender
Kuwait – Mubasher: Kuwait and Gulf Link Transport (KGL) said that its subsidiary was awarded the lowest bids in a tender offered by Kuwait Oil Company (KOC). The tender contract is worth KWD 19.89 million, with duration period of three years, …
Corporate Actions
KGL’s capital amounts to KWD 26.42 million (Photo Credit: Arabianeye-Reuters)
29 November 2016 03:53 PM KGL sells 11.13% of shares to Al Awaed National
Kuwait – Mubasher: Bourse Kuwait announced the completion of selling 11.13% of Kuwait and Gulf Link Transport’s (KGL) shares which total 29.41 million at 47.5 fils each. KGL has sold the shares to Al Awaed National Group for General Trading and …
Corporate Actions
Earnings amounted to approximately KWD 498,350 (Photo Credit: Arabianeye-Reuters)
15 November 2016 02:40 PM KGL posts lower profits in Q3
Kuwait – Mubasher: Kuwait and Gulf Link Transport (KGL) posted a decline of 57.8% in profits during the third quarter of 2016 as compared to the same period a year ago. Earnings amounted to approximately KWD 498,350 ($1.64 million) in Q3-16, …
Financial Results
(Photo credit: Arabianeye - Reuters)
15 November 2016 11:58 AM KSE sets date for Cleaning, KGL stakes auction late November
Kuwait – Mubasher: The Kuwait Stock Exchange (KSE) said on Tuesday that an auction will be held on 29 November to sell a number of shares in National Cleaning, and Kuwait and Gulf Link Transport’s (KGL). The event will see the bidding on around …
Event
The agreement aims to finance KGL's diversified activities (Photo Credit: Company Website)
29 September 2016 09:38 AM KGL signs KWD 13.73m facility deal
Kuwait – Mubasher: Kuwait and Gulf Link Transport (KGL) signed a facility agreement worth KWD 13.73 million ($45.48 million) with a local bank, according to a bourse filing on Thursday. The agreement aims to finance KGL's diversified activities, …
Banking and Finance
Photo Credit: Arabianeye-Reuters
9 August 2016 03:06 PM KGL turns profitable in Q2
Kuwait - Mubasher: Kuwait and Gulf Link Transport (KGL) reported a net profit of KWD 464,050 ($1.5 million) in the second quarter of 2016, against a net loss of KWD 397,080 ($1.31 million) in the same quarter last year. The change in financial …
Financial Results
KLG Transportation said that it expects a revenue of 5% from the agreement- (Photo Credit: Company website)
3 July 2016 10:47 AM KGL unit signs $27m deal with US entity
Kuwait – Mubasher: Kuwait and Gulf Link Transport (KGL) said its subsidiary KGL Transportation Company (KGL TC) has won a contract with a US transport body at a value of $27 million, according to a bourse filing. The contract’s amount is subject …
Companies Investments
Photo Credit: Arabianeye-Reuters
24 March 2016 04:41 PM Kuwait’s KGL makes lower profits in Q4
Kuwait-Mubasher: Kuwait and Gulf Link Transport (KGL) posted profits worth KWD 2.08 million ($6.88 million) in the fourth quarter of 2015 as compared to KWD 2.13 million ($7.05 million) in Q4-15, a decrease of 2.4%. The company’s profits grew 120% …
Financial Results
Photo Credit: Arabianeye-Reuters
7 January 2016 00:48 PM CMA approves 10% buy/sell of KGL’s shares
Kuwait-Mubasher: The Capital Markets Authority (CMA) has agreed that Kuwait and Gulf Link Transport’s (KGL) would purchase/sale 10% or less of its shares for six months as of the approval date. The company’s capital totals KWD 26.43 million, …
Management Decisions
Photo Credit: Arabianeye-Reuters
5 January 2016 02:07 PM Kuwait’s KGL, logistics arm deny filed cases against units
Kuwait-Mubasher: Kuwait and Gulf Link Transport and its affiliate KGL Logistics on Tuesday denied what local newspapers have spread on Tuesday that the firms have filed lawsuits against two subsidiaries of the group. The reports denied by the …
Management Decisions
Photo Credit: Arabianeye-Reuters
5 January 2016 10:46 AM Kuwaiti KGL TC’s debt settlement totals KWD 11.4m
Kuwait-Mubasher: Kuwait and Gulf Link Transport (KGL) said that the debt settlement agreement signed between its subsidiary KGL Transportation Company (KGL TC) and a local bank has a total value of KWD 11.4 million, according to a bourse …
Companies Investments
Photo Credit: Arabianeye-Reuters
30 December 2015 09:18 AM Kuwait’s KGL gets KWD 2.3m from unit’s debt settlement
Kuwait-Mubasher: KGL Transportation Company, a subsidiary of Kuwait and Gulf Link Transport (KGL), has signed an agreement to settle a debt with a local bank, a bourse statement said on Monday. A profit worth KWD 2.3 million ($7.6 million) will …
Banking and Finance
Photo Credit: Arabianeye-Reuters
10 December 2015 10:27 AM Kuwaiti logistics provider KGL strikes $35m finance deal
Kuwait-Mubasher: Kuwait and Gulf Link Transport (KGL) has signed a finance agreement with a Gulf bank for $35 million to boost the company’s operations. The agreement has duration of five years, according to a bourse statement. For the first five …
Banking and Finance
Photo Credit: Arabianeye-Reuters
29 October 2015 09:51 AM Gulf Link Transport 9M financials turn positive
Kuwait-Mubasher: Kuwait and Gulf Link Transport recorded a positive performance in its financials for the first nine months this year, as it posted earnings worth about KWD 59,400 against losses worth KWD 1.16 million in the same period of 2014. …
Financial Results
Photo Credit: Arabianeye-Reuters
28 October 2015 08:50 AM Seven firms to discuss 9M financials Wednesday
Kuwait-Mubasher: Seven listed companies will hold board meeting on Wednesday to consider the financial statements of the first nine months ended 30 September, 2015. The companies are Kuwait and Gulf Link Transport, Kuwait Real Estate Holding, Ahli …
Event
Photo Credit: Arabianeye-Reuters
19 October 2015 09:24 AM Kuwaiti firm files lawsuit against Egyptian authority
Kuwait-Mubasher: Kuwait and Gulf Link Transport (KGL) and KGL Logistics said that their associate KGL International for Ports, Warehousing, and Transport launched legal action at an international arbitration court against Damietta Port Authority …
Companies Investments
Photo Credit: Arabianeye-Reuters
30 September 2015 09:17 AM Kuwait’s KGL confirms non-renewal of Shuaiba contract
Kuwait-Mubasher: Kuwait and Gulf Link Transport confirmed the news published last week that Shuaiba Port’s contract will not be renewed, according to a bourse filing on Wednesday. KGL has been informed by its sister company KGL International for …
Companies Investments
Photo Credit: Arabianeye-Reuters
7 May 2015 09:06 AM KGL quarterly losses fall 25.3%
Kuwait-Mubasher: Kuwait and Gulf Link Transport Company reported a 25.3% drop in losses to KWD 721,250 ($2.39 million) in the first quarter of 2015, compared to KWD 966,020 ($3.2 million) in the same period of 2014.Loss per share fell to 2.73 fils …
Company News
Photo Credit: Arabianeye-Reuters
30 March 2015 08:52 AM KGL profit quintuples in 2014
Kuwait-Mubasher: Kuwait and Gulf Link Transport Company (KGL) reported a surge in profit by 521.5% to KWD 972,550 ($3.3 million) in 2014, compared to KWD 156,490 ($521,400) in 2013.During the fourth quarter of 2014, the company’s profit rose to …
Financial Results
6 January 2015 11:03 AM KSE approves KGL's share buyback program
Kuwait - based Kuwait and Gulf Link Transport Co. (KGL) said it has obtained Kuwait Stock Exchange approval to buyback 10% of its share capital.The company's share buyback program is scheduled to be implemented across a period of …
Company News
27 November 2014 04:30 PM Kuwait and Gulf Link unit seals $37.2m deal with KOC
Kuwait and Gulf Link Transport Co. announced that a 100%-owned subsidiary KGL Transportation has concluded a contract worth of KWD10.84 million ($37.2 million) with the state -run Kuwait Oil Company -KOC.Under the …
Company News
20 November 2014 01:45 PM Kuwait and Gulf Link postpones EGM on lack of Quorum
Kuwait and Gulf Link Transport announced that it has postponed its Extra Ordinary General meeting - EGM for lack of Quorum.The EGM was scheduled to be conducted today November 20, 2014 in order to tackle the amendments of articles of …
Company News
6 November 2014 09:23 AM Kuwait and Gulf Link wins KWD 3.65m tender
Kuwait and Gulf Link Transport said it won a tender worth KWD 3.65 million ($12.54 million) from the Public Authority for Applied Education and Training (PAAET).The tender is to lease buses for transporting the PAAET’s students over three …
Corporate Actions
4 September 2014 05:10 PM Kuwait and Gulf Link unit seals KWD 3.5 mln deal with KPC
Kuwait and Gulf Link Transport revealed that its 100% owned subsidiary unit - KGL Car Rental has concluded a new contract at value of KWD 3.6 million with state-run Kuwait Petroleum Corporation.According to the contract's terms KPC will …
Company News