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59 listed companies announce cash dividends for fiscal 2021 worth KD 986.448 mln

59 listed companies announce cash dividends for fiscal 2021 worth KD 986.448 mln
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Al Jahra , National Bank , Noor Financial Investment Company , Warba Insurance Company , Ahli United Bank , Kuwait Stock Exchange , Al Safat Investments , Ahli United Bank Bahrain , Eid Food , Al Ahli United ,

59 listed companies announce cash dividends for fiscal 2021 worth KD 986.448 mln - ARAB TIMES

KUWAIT CITY, March 21: A total of 59 companies listed on the Kuwait Stock Exchange announced cash dividends for the fiscal ending on December 31, 2021, worth 986.448 million dinars, according to statistics prepared by Al-Rai daily based on figures provided by KAMCO Invest. Out of the 60 companies th ....

Al Jahra , National Bank , Noor Financial Investment Company , Warba Insurance Company , Ahli United Bank , Kuwait Stock Exchange , Al Safat Investments , Ahli United Bank Bahrain , Eid Food , Al Ahli United ,

Fitch downgrades ratings of Kuwaiti banks - ARAB TIMES


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KUWAIT CITY, Feb 11: In a clear reflection of the “domino” theory, and as a continuation of the series of declining economic performance, the negative repercussions of the COVID-19 pandemic have cast their shadows on the Kuwait banking sector, which has always been described as financially robust.
This has happened after Fitch Ratings downgraded the credit rating of 11 local banks from “stable “ to “negative” about a week after the agency downgraded Kuwait’s financial condition from “stable” to “negative.” In a report issued yesterday, the agency said banks will face more challenges as the economy of Kuwait continues to fall under pressure in light of “a large proportion of financing in the banking sector linked to the government.” ....

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