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03/11/2010 00:00 AST
Al-Mal Investment Co. surged to the highest level in more than a year after the Kuwaiti firm said it received an offer to sell a 31.3 million-dinar ($112 million) stake in an energy company.
The shares increased 4.4 percent to 144 fils, the highest intraday level since September 2009, as of 10:37 a.m. in Kuwait. The shares have gained 73.5 percent this year.
Al-Mal said it will decide on a possible sale this month and it may make a 20.5 million-dinar gain from the sale.
Bloomberg
31/03/2010
Debtors of Kuwait's Al-Mal Investment Co. have agreed to defer repayment of 20 million dinars ($69.35 million) in bonds for a year, the company said on Tuesday.
The investment management f
Reuters
18/02/2010
Saudi Arabia's General Authority of Civil Aviation (Gaca) and Al Mal Investment Company (Al Mal) recently signed a Memorandum of Understanding (MoU) to build the Hail International Airport in the Pri
Gulfnews
17/01/2010
Kuwait's Al-Mal Investment Co, said it has bid for a tender to develop an airport in the Philippines, valued at about $1.2 billion. The firm is controlled by the family-owned conglomerate Kharafi Gro
Reuters
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10/03/2025
Doha Bank introduced a suite of exclusive offers for NRIs on their Visa Platinum Debit Card, delivering exceptional value across travel, lifestyle, dining, and retail. These carefully curated benefit
The Peninsula
10/03/2025
Saudi Awwal Bank has been awarded the Sustainability Program of the Year 2024 at the Capital Markets Forum (CMF), organized by the Saudi Stock Exchange Group (Tadawul).
This achievement make
Saudi Gazette
10/03/2025
Saudi Aramco has lowered its crude oil prices for Asian buyers in April, marking the first reduction in three months. This price cut aligns with market expectations and follows the decision by OPEC+
Arab News
09/03/2025
United Development Company (UDC), the master developer of The Pearl and Gewan Islands, has continued its global track record of accomplishments by securing three new Guinness World Records. This rema
The Peninsula
07/03/2025
Talabat Kuwait has denied rumors of a security breach, assuring customers and partners that all personal and payment information remains fully secure.
In an official statement, Bader Al-Ghan
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia