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12/11/2017 05:44 AST
Americana Group (Kuwait Food Company) said Thursday that it has posted profits totaling KD 44 millions (equivalent to $146 million), in the first nine months of 2017.
According to Boursa Kuwait website, Americana noted that the company's share for the same period reached 114.8 fils, compared to 114.3 fils during the same period past year.
Americana Group attributed such profits due to the rationalized sale and decline in operational costs, adding that total earnings from related deals for the company has reached KD 73,000.
Arab Times
30/11/2016
The Public Investment Fund (PIF) is to acquire a 50 percent stake in a UAE firm which last month took control of Kuwaiti food giant Americana.
Through a wholly owned subsidiary, the PIF will
Arab News
09/08/2016
Kuwait Food Co (Americana) posted a 31 per cent rise in second-quarter net profit on Monday. The operator of restaurant franchises in the Middle East, including KFC, made a net profit of 9.03 million
Reuters
19/06/2016
An investment group led by prominent Dubai businessman Mohamed Alabbar has agreed to buy a majority stake in Kuwait Food Co (Americana) from the Kharafis, a Kuwaiti merchant family, for about $2.4 b
Arab News
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04/04/2025
Oman's Nama Power & Water Procurement Company has announced that it has received bids from 12 major utility project developers for two of its key projects - Misfah IPP within Muscat Governorate and D
Trade Arabia
04/04/2025
Dana Gas, the Middle East's leading publicly listed regional natural gas company, and its partner Crescent Petroleum, the oldest private oil and gas company in the Middle East, together with their pa
Khaleej Times
04/04/2025
Abu Dhabi National Energy Company PJSC (Taqa), one of the largest listed integrated utility companies in Europe, the Middle East and Africa, together with Emirates Water and Electricity Company (EWEC
Khaleej Times
03/04/2025
Oman Cables Industry (OCI), a leading cable solutions provider in the sultanate, has announced that it has delivered solid results for yet another year with its sales turnover for 2024 soaring to RO2
Trade Arabia
03/04/2025
Agility, a supply chain services, infrastructure and innovation company based in Kuwait, has delivered solid results for FY 2024 with KD1.53 billion ($5 billion) in revenue as its operating entities
Trade Arabia
Financial Information Co.
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