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15/03/2011 00:00 AST
Aref Energy Holding Company (Aref Co) earned 10.7 million Kuwaiti dinars in net profits for the fiscal year (FY) that elapsed on Dec. 31, compared to KD 7.9 million in losses in 2009.
The company's total equity hit KD 74.9 million in 2019 against KD 64.6 million in 2009, the company said in a release posted on the Kuwait Stock Exchange (KSE) Web site.
Aref's assets totaled KD 113 million, while its liabilities amounted to KD 29.4 million by the end of the FY that elapsed in December, compared to KD 38.3 million in 2009, according to the online release.
Established in 1996 and registered with the KSE in 2005 with a paid-up capital of KD 75 million, Aref Co has been active in the field of owning shares of Kuwaiti and foreign companies and limited firms.
KUNA
31/01/2013
Kuwait's Aref Energy Holding Co said yesterday full-year losses widened to 9.96mn Kuwaiti dinars ($35.42mn) in 2012 compared with a 5.11mn loss dinars in the previous year.
The company's f
Gulf Times
15/12/2011
Capital Standards (CSR) has assigned, on a standalone basis, a first-time Corporate Credit Rating of 'BB+' on an international scale and 'BBB+KW' on a national scale to AREF Energy Holding Company K.
Al Watan
10/03/2010
Kuwaiti group Aref Energy Holding Co said it sold 95 percent of its stake in a gas joint venture in Texas, making about $60 million profit.
In 2007, Aref set up DeWitt Tract Co, a fully-owne
Arab Times
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SAUDIARAMCO | 26.15 | 0.05 (0.19 |
| ABAR | 150.00 | -4.00 (-2.60 |
| ADNOCGAS | 3.33 | 0.01 (0.30 |
| ADNOCDRILL | 5.27 | -0.05 (-0.94 |
| BAHRI | 31.50 | 0.85 (2.77 |
16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times
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