Kuwait news

15 minutes ago Oil prices near stable at 3-yr highs
Oil prices fell on Friday but remained at three-year highs ahead of US oil rig data
19 April 09:48 PM Watch Sophia answers Mubasher’s questions
Sophia was the first robot with an earthly citizenship, after being granted the Saudi citizenship not so long agoxasdas
19 April 08:44 PM UK to ban plastic straws, cotton buds
UK revealed on Thursday plans to impose a ban on the sale of plastic straws and drink stirrers and plastic-stemmed cotton buds
19 April 07:52 PM Oil-price surge may prompt next crisis -Analyst
The recent rise in oil prices could speed up a crisis in the energy market, according to an oil economist.
19 April 07:20 PM Miguel Diaz-Canel elected as new president of Cuba
Miguel Diaz-Canel has been sworn in as the new president of Cuba, after former leader Raul Castro decided to retire
19 April 06:11 PM US natural gas storage fall in week
US natural gas stockpiles declined last week, according to EIA
19 April 05:56 PM ‘Full-on global meltdown’ in stocks seen ‘too early’ -Goldman Sachs
A Goldman Sachs Asset Management top official has said that there should be no fears of a "global meltdown in equities"
19 April 05:25 PM Nestle sales rise 1.4% in Q1-18
Nestle has reported a growth in sales during the first quarter of 2018
The decline of the request was due to not meeting all the listing requirements
19 April 05:23 PM CMA rejects Jiyad’s request to list on DFM
Mubasher: Jiyad Holding Co announced that the Capital Markets Authority (CMA) has declined the company’s request to list its shares on the Dubai Financial Market (DFM). The decline of the request was due to not meeting all the listing requirements …
19 April 05:07 PM Analyst warns of ‘violent’ oil sell-off as Saudi eyes $100/barrel
Analysts do not expect the recent rise in oil prices to continue towards Saudi Arabia's desired $100 per barrel
The pressure on oil prices forced the economies to look at diversification
19 April 04:24 PM IHG Global mulls expansion in Middle East – CEO
Mubasher: Intercontinental Hotels Group Global (IHG Global) has plans to grow its business across the Middle East, the CEO of IHG Global, Keith Barr, said. The CEO has discussed the hotel group's plan to expand in the Middle East in an exclusive …
The OGM elected new board for the coming three years
19 April 04:11 PM Securities House to shrink capital by KWD 3m
Mubasher: The ordinary general meeting (OGM) of Securities House approved decreasing 6.25% or KWD 3 million of the paid-up capital. Securities House will shrink its capital to KWD 45 million from KWD 48 through cancelling 30 million shares, …
The private transaction was executed on 1.06 million
19 April 04:01 PM Educational Holding registers private deal on 1m shares
Mubasher: Boursa Kuwait announced that a private transaction was executed on Educational Holding Group’s shares for about KWD 327,200 during Thursday’s session. The private transaction was executed on 1.06 million of Educational’s shares for a …
19 April 03:53 PM US jobless claims fall in week ended 14 April
Unemployment claims in the US fell in the week ended 14 April by 1,000 claims
An income worth nearly KWD 172,500 will be generated
19 April 03:44 PM National Real Estate posts profit from selling KWD 10m property
Mubasher: National Real Estate has completed the procedures for registering Boubyan Complex, located in Dajeej area in Al Farwaniyah. The real estate company has sold Boubyan Complex for KWD 10.5 million, according to a bourse statement on …
Boubyan Petrochemical’s stake in Educational will increase to 82.52%
19 April 03:35 PM Boubyan Petrochemical raises stake in Educational Holding
Mubasher: Boubyan Petrochemical has purchased 1.06 million shares in Educational Holding Group. Boubyan Petrochemical has bought this stake in its subsidiary Educational for KWD 0.308 per share, for a total value of about KWD 327,200, according to …
19 April 03:12 PM Eurozone current account surplus falls in February​​​​​​​
The Eurozone’s current account surplus recorded a decline in February from the prior month.
19 April 02:07 PM Amazon Prime has over 100m members – Bezos
Jeff Bezos revealed that Amazon Prime subscribers have exceeded 100 million
Boursa Kuwait’s turnover increased by 37.2% to KWD 11.94 million on Thursday
19 April 01:56 PM Boursa Kuwait’s indices close Thursday in red
By: Mohamad Farouk  Mubasher: The indices of Boursa Kuwait closed Thursday’s trading session with a massive decline. The All-Share Market index went down 0.14%, while both the Main market and Premier Market indices retreated by 0.21% and 0.09%, …
19 April 01:38 PM Global pharmaceuticals sector seen “Stable” – Moody’s
The global pharmaceutical industry is expected to register a growth of 1%-2% in earnings in the coming 12 to 18 months, Moody's says
19 April 01:07 PM UK retail sales fall 0.5% in Q1
Retail sales in the UK decreased in the first quarter of 2018
19 April 12:47 PM Opel may cut 800 jobs in Germany – DPA
Carmaker Opel is reportedly planning to cut up to 800 jobs in Germany
19 April 12:04 PM Gold prices rise as metals rebound
Gold prices increased during Thursday's trades, backed by the rebound in the prices of metals and commodities.
19 April 11:51 AM Oil prices extend to rise on positive stockpile data
Oil prices sustained their increase on Thursday after settling at three-year highs the previous day
Noor was the most active stock on which 1.2 million shares were traded
19 April 09:58 AM Boursa Kuwait’s indices open Thursday mixed
Mubasher: The Main Market index edged up by 0.15%, while the indices of both the All-Share Market and Premier Market indices retreated by 0.02% and 0.12%, respectively. By 9:40am Kuwait time, the oil and gas segment headed the gainers with 0.91%, …