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BUSINESS

BUSINESS latest

KIB Group reports net profit of KD 17.5 million for H1 of 2026
July 27th, 2026 - 03:58 GMT

KIB Group reports net profit of KD 17.5 million for H1 of 2026

Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank (KIB), announced the Group’s financial results for the first half (H1) of 2026 ended 30 June 2026. KIB Group achieved net profit attributable to shareholders amounting to KD 17.5 million, compared to KD 14.8 million in H1 2025, reflecting a growth of 18%. Earnings per share (EPS) stood at 8.32 fils, compared to 6.77 fils for the same period last year. Total operating income was almost KD 51 million, marking a growth of 10% compared to the first half of 2025 ...
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WEF sees less global gloom
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Alphabet layoffs
January 21st, 2023 - 11:47 GMT

Alphabet cuts 12,000 jobs as tech industry woes bite

The 8th edition of the GCC Regulatory Affairs Pharma Summit will take place in Dubai in 2023
January 20th, 2023 - 07:32 GMT

The 8th edition of the GCC Regulatory Affairs Pharma Summit will take place in Dubai in 2023

Netflix CEO steps down as base grows
January 20th, 2023 - 10:57 GMT

Netflix CEO steps down as subscriber base grows

Dubai Culture concludes ‘Hatta Cultural Nights’
January 20th, 2023 - 09:56 GMT

Dubai Culture concludes ‘Hatta Cultural Nights’

Oil rises
January 20th, 2023 - 09:45 GMT

Oil rises as China optimism grows ahead of Lunar New Year

High Quality Sound and Active Noise Cancellation Are Important for an Immersive Audio Experience! Huawei Freebuds 5I Delivers Both and More
January 20th, 2023 - 09:30 GMT

High Quality Sound and Active Noise Cancellation Are Important for an Immersive Audio Experience! Huawei Freebuds 5I Delivers Both and More

2023 Infiniti QX60: Arabian Automobiles Highlights Advanced Technology and Refined Aesthetics
January 20th, 2023 - 09:28 GMT

2023 Infiniti QX60: Arabian Automobiles Highlights Advanced Technology and Refined Aesthetics

Direct TT Granted SCA license for Financial Consulting and Financial Analysis in the United Arab Emirates
January 20th, 2023 - 09:26 GMT

Direct TT Granted SCA license for Financial Consulting and Financial Analysis in the United Arab Emirates

MBC, Warner Bros. partnership
January 20th, 2023 - 09:15 GMT

MBC Group extends partnership with Warner Bros. Discovery

PROVEN Arabia signs Memorandum of Understanding with Sa3ee
January 20th, 2023 - 09:05 GMT

PROVEN Arabia signs Memorandum of Understanding with Sa3ee

NPCC Awarded Pre-construction Contract for the Hail and Ghasha Gas Development Project by Adnoc
January 20th, 2023 - 08:53 GMT

NPCC Awarded Pre-construction Contract for the Hail and Ghasha Gas Development Project by Adnoc

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