Purchase price set at two dinars per share KUWAIT CITY, April 24: Kuwait Projects Company (Holding) announced that it entered into a binding agreement to arrange a special deal agreed upon with Fairfax Financial Holdings Company to sell KIPCO’s full stake in Gulf Insurance Group, which amounts to
Qurain Petrochemical Industries Company (QPIC), one of Kuwait’s biggest private petrochemical investors, has seen its first-half (H1) net profit shoot up 472% to KD15.81 million ($51.14 million) from KD3.35 million last year.
Markaz: Most of the GCC Markets Were Positive in August Despite a Slide in Oil Prices albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
GCC markets ended positive in August even as oil prices fell 12.3% with downwards pressure on demand. Qatar posted a slight gain backed by high oil, while Saudi index was up driven by positive Q2 earnings from top blue-chip companies.