National Bank of Kuwait (NBK) has registered a net profit of KWD305.1m ($1.08bn) in 2012, compared to KWD 302.4m ($1.07bn) during the same period last fiscal.
Qatar Exchange (QE) today hosted the “Success in Digital IR” workshop and the 4th Annual KWD Webranking Survey Awards for the best websites in the MENA region. The event was held at St. Regis Hotel in cooperation with M: Communications and...
Kuwait based Zain has reported that its first-quarter revenues rose by just 1 percent to reach KWD 325.7 million (US$1.17 billion), despite a 7 percent rise in its customer base, which reached 40.3 million at the end of March. Click here for more.
Ron Johnson, the new chief executive of J.C. Penney, is tapping former Apple colleagues to help shape his new team. Penney is close to bringing on Michael Kramer, now chief executive of Kellwood, as chief operating officer.
Visit StreetInsider.com at http://www.streetinsider.com/Management+Changes/JCPenney+%28JCP%29+May+Be+Close+to+Hiring+Kellwood+CEO+Michael+Kramer+-WSJ/6930573.html for the full story.
Kuwait based Zain has reported its 3rd-quarter results, by announcing that for the first nine-months of this year, its total revenues rose by 2.2 percent to reach KWD 988.1 million (US$3.58 billion). Click here for more.
Kuwait's National Mobile Telecommunications (Wataniya) has reported that its second-quarter revenues jumped by over a third (35/2%) to reach KWD 182.3 million (US$665.6 million), Click here for more.
Zain has reported that its first-half revenues rose by 2% to reach KWD 659.4 million (US$ 2.381 billion) - if you exclude the effects of capital gain from the sale of the Zain Africa assets that was concluded in June 2010. Click here for more.
Zain has reported that its second-quarter profit reached KWD 843.8 million (US$2.95 billion) compared with KWD 76.4 million a year earlier, thanks to the disposal of its African assets. Click here for more.
Kuwait's Zain has recorded first-quarter consolidated revenues of KWD 329.7 million (US$1.146 billion), an increase of 11% compared to same period in Q1-2009. Click here for more.
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