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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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The UAE’s Ministry of Health has announced a price reduction for around 422 innovative and produced drugs, as part of its initiative to stem the surging cost of medicines in the country.
September 29th, 2014 - 11:54 GMT

No profiteering off illness: UAE slashes prices of 422 drugs

Al Bawaba
September 29th, 2014 - 11:29 GMT

Just when iphone 6 stocks ran out: ex-apple CEO of Obi mobile to introduce five affordable smartphones to the Middle East

Al Hilal Bank
September 29th, 2014 - 11:28 GMT

Al Hilal Bank’s AED 100 ‘Eidiya’ to bring joy to children this Eid Al Adha 2014

Al Bawaba
September 29th, 2014 - 10:57 GMT

Sony marks beginning of new autofocus era

Saeed Khoory, Chief Executive Officer of ENOC
September 29th, 2014 - 09:08 GMT

AED 1000 worth of vouchers for only AED 50 with new iDeal from ENOC

Al Bawaba
September 29th, 2014 - 08:39 GMT

Elaf’s Central Laundries Limited to re-open in early 2015 after major renovation

Al Bawaba
September 29th, 2014 - 07:30 GMT

EastNets partners with IBM to host open theater presentation at Sibos 2014 in Boston

Al Bawaba
September 29th, 2014 - 05:33 GMT

NCB Capital believes strong organic growth supports outlook for the Saudi retail sector

Al Bawaba
September 29th, 2014 - 05:18 GMT

Oman Oil Company S.A.O.C. successfully completes inaugural $1.85 bn corporate revolving credit facility

Al Bawaba
September 29th, 2014 - 04:26 GMT

Nawras family members graduate from ‘Mahara’ customer experience training programme

Wealth management can be provided by large corporate entities, independent financial advisers or multi-licensed portfolio managers who design services to focus on high-net-worth clients.
September 29th, 2014 - 03:55 GMT

More money to be taken care of: private wealth growth in the GCC exposes need for prudence

Al Bawaba
September 29th, 2014 - 03:55 GMT

Indefensible, in so many ways: Gaza War marked a blow to Israel's tourism this summer

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