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28 March 09:14 PM Egypt reports 40 COVID-19 cases
Cairo – Mubasher: The Egyptian Ministry of Health and Population has reported an increase in the number of coronavirus (COVID-19) cases whose test results turned from positive to negative to a total of 161. The ministry’s spokesperson revealed the …
The UAE Ministry of Health and Population
28 March 07:06 PM UAE announces 63 new COVID-19 cases
UAE – Mubasher: The UAE Ministry of Health and Population (MoHAP) has reported 63 new cases of the new coronavirus (COVID-19). This brings the total number of cases in the UAE to 468 cases, according to the ministry’s statement on Saturday. Two …
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28 March 11:41 AM Egypt sets travellers quarantine period at 28 days
Mubasher: The Egyptian Ministry of Health has decided to set the isolation period for returning passengers and their families and those who were in close contact with them at 28 days, instead of 14 days. The move comes as part of efforts to combat …
Ministry of Health and Prevention (MoHAP) - UAE
27 March 11:14 PM UAE reports 72 COVID-19 cases
Mubasher: The UAE has announced 72 new cases infected with the novel coronavirus (COVID-19), bringing the total number of confirmed cases to 405. With three new recoveries announced on Friday, the total number of recoveries reached 55, according …
The health ministry announced 92 new cases on Friday
27 March 11:03 PM Saudi Arabia coronavirus cases reach 1,104
Riyadh – Mubasher: Saudi Arabia reported 92 new cases with the novel coronavirus (COVID-19), of which 10 are travel-related and health-isolated cases, while 82 were in contact with previously reported cases. The number of confirmed cases in the …
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27 March 10:33 PM Egypt announces 41 new coronavirus cases
Cairo – Mubasher: The Egyptian Ministry of Health and Population reported 41 new coronavirus (COVID-19) cases and six deaths. The new cases include 40 Egyptians, who were in contact with previously reported cases, and an American. In addition, 14 …
President of Egypt, Abdel Fattah El-Sisi
27 March 06:07 PM Egypt calls for African debt relief by G20 countries
Cairo – Mubasher: President of Egypt, Abdel Fattah El-Sisi, has presented an initiative to the G20 group to consider easing debt burdens on African countries, in light of the impacts of the coronavirus (COVID-19) crisis on the continent’s …
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27 March 04:19 PM Kuwait's coronavirus cases reach 225
Mubasher: Kuwait on Friday reported 17 new coronavirus (COVID-19) cases during the past 24 hours, according to the Kuwaiti Ministry of Health. This brings the total number of cases in Kuwait to 225, Kuwait News Agency (KUNA) reported citing a …
Kuwait International Bank
27 March 03:59 PM KIB approves dividends, bonus shares distribution
Mubasher: Shareholders of the Kuwait International Bank (KIB) approved the recommendation of the board of directors to distribute cash dividends for 2019. The approved dividends amount to 7 fils per share, representing 7% of the share’s par value, …
Kuwaiti crude settled at $27.81 per barrel (pb) on Thursday
27 March 03:27 PM Kuwait oil down to $27.8 pb
Mubasher: The price of Kuwait oil decreased by $1.13 on Thursday, Kuwait News Agency (KUNA) reported. Kuwaiti crude settled at $27.81 per barrel (pb) yesterday, compared with its level on Wednesday’s close at $28.94, according to the Kuwait …
Standard and Poor's (S&P)
27 March 03:13 PM S&P lowers Kuwait rating to AA-, outlook stable
Mubasher: Standard and Poor's (S&P) has lowered Kuwait's long-term foreign and local-currency sovereign credit ratings to (AA-) from (AA), Kuwait News Agency (KUNA) reported "The oil price drop is happening alongside Kuwait's slow reform momentum, …
The All-Share Index lost 0.91%
26 March 02:57 PM Boursa Kuwait closes Thursday in red
Mubasher: Boursa Kuwait ended Thursday’s trading session in decline after rising for the last two days. The Premier Market index lost 1.14% or 61.1 points and closed at 5,281.2 points. BK Main 50 declined by 0.21% or 8.64 points to close at …
A total of 49 cases have now recovered in Kuwait
26 March 02:19 PM Kuwait reports 13 coronavirus cases; total at 208
Mubasher: Kuwait has reported 13 new coronavirus (COVID-19) cases during the past 24 hours, the Ministry of Health announced on Thursday. Six cases are Kuwaiti citizens who recently arrived from Saudi Arabia, Egypt, and France, while one case is …
Seven cases have recovered from the novel disease in the UAE
25 March 05:03 PM UAE announces 85 new COVID-19 cases
UAE - Mubasher: The UAE has reported 85 new coronavirus (COVID-19) cases, including seven Emiratis, raising the total number of cases to 333, The Emirati Ministry of Health and Population (MoHAP) announced in a press conference on Wednesday. …
The new cases include 18 individuals who returned from abroad
25 March 04:56 PM Saudi Arabia announces 133 new COVID-19 cases
Mubasher: The Saudi health ministry on Wednesday confirmed 133 new infections with the coronavirus (COVID-19), state-run Saudi Press Agency (SPA) reported.  The new cases include 18 individuals who returned from abroad and 115 that had been in …
Egypt recorded 40 new COVID-19 cases
25 March 04:26 PM Egypt's COVID-19 cases rise to 442
Cairo – Mubasher: Egypt has recorded 40 new coronavirus (COVID-19) cases, bringing the total number of cases to 442, Minister of Health Hala Zayed announced on Wednesday. During a press conference held on Wednesday, Zayed referred that the number …
The flights will be operated through Egypt Air’s Boeing 777
25 March 03:17 PM Egypt sends first charter flight to Kuwait
Cairo – Mubasher: EgyptAir has operated the first chartered flight from Cairo to the Kuwait International Airport to bring Egyptian nationals back home on Wednesday, Middle East News Agency (MENA) reported. The move was confirmed on Monday when …
The distributions will be paid after five business days following the maturity date
25 March 02:18 PM Kuwait Insurance nods to 30 fils/shr dividend for FY19
Mubasher: The ordinary and extraordinary general assembly meetings of Kuwait Insurance Company approved the proposed cash dividend distribution of 30 fils per share or 30% of the share’s nominal value for the fiscal year (FY) 2019, after excluding …
The materials sector topped the gainers, adding 6.56% on Wednesday
25 March 01:58 PM Boursa Kuwait closes Wednesday on positive note
Mubasher: The Kuwaiti indices posted a collective rise at Wednesday’s close for the second session in a row. The All-Share and Premier market indices soared by 2.45% and 2.72%, respectively, while the Main and BK 50 indices increased by 1.76% and …
Brent futures inched up by 12 cents on Tuesday
25 March 12:16 PM Kuwait’s crude oil rises to $27.97 pb Tuesday – KPC
Mubasher: The price of Kuwait’s crude oil went up by $1.86 on Tuesday, 24 March, to finish at $27.97 per barrel (pb) from $26.11 pb on Monday, according to the official prices of the Kuwait Petroleum Corporation (KPC). Globally, crude prices …
Kuwait Airways operated a flight to Beirut at 8:55 a.m. local time
25 March 12:00 PM Kuwait charters flights to evacuate citizens from 3 countries
Mubasher: Kuwait's Directorate General of Civil Aviation (DGCA) announced that three chartered flights to Egypt, Lebanon, and Bahrain will take off on Wednesday, 25 March, from the Kuwait International Airport to bring back Kuwaiti citizens. …
A total of 43 COVID-19 patients have recovered in Kuwait
25 March 11:28 AM Kuwait registers 4 new COVID-19 cases, 4 recoveries
Mubasher: Kuwait on Wednesday announced that four new patients tested positive for the new coronavirus (COVID-19) over the past 24 hours, taking the country’s toll to 195 cases so far, according to an official statement by the health ministry. Two …
The earnings totalled KWD 2.24 million in 2019
25 March 10:03 AM Sultan Center’s earnings down 10% in 2019
Mubasher: The financial statements of Sultan Center Food indicated a drop in profits by 10.3% annually in the fiscal year (FY) ended in December 2019, due to a lower share of results from an associate. The earnings totalled KWD 2.24 million ($7.19 …
The company suffered losses worth KWD 1.61 million in Q4-19
25 March 09:34 AM Kuwait Remal Real Estate losses up 69% in 2019
Mubasher: Kuwait Remal Real Estate incurred higher losses by 68.5% on an annual basis during the fiscal year (FY) 2019. Losses for the period amounted to KWD 2.23 million ($7.19 million) by 2019 year-end, compared to KWD 1.32 million ($8.02 …
Earnings fell by 26% in Q4-19
24 March 03:19 PM Osoul Investment records 161% higher profit in FY19; dividends proposed
Mubasher: The net profit of Osoul Investment jumped by 161% year-on-year (YoY) in fiscal year (FY) 2019, recording KWD 1.83 million when compared to KWD 702,666 in 2018, the company's annual financial statements showed. The increase in annual …