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- China warns countries against striking trade deals with US at its expense
- Oil Updates - crude falls as concerns about demand amid US tariff upheaval return
- AlRayan Bank launches Self-Service Digital Zone
- QIIB announces 15 winners of 'Joud' savings account quarterly & monthly prize draws for March
- EU Says Ready to Resume Free Trade Talks with Gulf
- Saudi Arabia awards record $148bn project contracts in 2024
- Ajman Bank posts Dh145 Million profit before tax in Q1 2025, reflecting 24% growth
- UAE's foreign trade surges 49pc to $1.4 trillion in 2024
- Dubai: Up to 20% drop in rents 'healthy' for property market, says top developer
- Closing Bell: Saudi benchmark index edges up to close at 11,626
06/05/2009 00:00 AST
Bayan Investment Co. made a net profit of 11.2 million Kuwaiti dinars in the fiscal year ending Dec. 31, 2008, compared to KD 7.5 million the previous year, at an increase of 49.3 percent.
Chairman and Managing Director Faisal Al-Mutawa, speaking at the General Assembly on Tuesday, said the profit per share for 2008 was at 30 fils compared to 20 fils in 2007, after allocating provisions to counter the global economic crisis.
Al-Mutawa said these positive results came thanks to the solid and reserved measures taken by the management in the interest of achieving its ambitious investment strategy on the long?term.
The assembly approved the distribution of cash profit at 10 percent of the nominal share price, or 10 fils per share.
KUNA
19/08/2009
The Central Bank of Kuwait (CBK) has approved a request for renewing a prior consent granted to Bayan Investment Company for purchasing no more than 10 percent of its own issued shares for six months
KUNA
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| OSOUL | 132.00 | -8.00 (-5.72 |
| GFC | 126.00 | 39.00 (44.82 |
| KINGDOM | 9.06 | 0.63 (7.47 |
| TADAWULGROUP | 195.20 | 0.40 (0.20 |
| ALBAHA | 3.13 | 0.01 (0.32 |
21/04/2025
As part of its ongoing transformation journey, AlRayan Bank has officially launched the first-of-its-kind standalone Self-Service Digital Zone (ALRAYAN GO Kiosk) in the State of Qatar. This innovativ
The Peninsula
21/04/2025
QIIB has announced the names of 15 winners of the March 2025 'Joud' savings account prize draw, which included five quarterly winners-each receiving a prize of QR50,000-and 10 monthly winners, who we
The Peninsula
21/04/2025
Ajman Bank has posted a profit before tax of Dh145 million in Q1 2025, reflecting a 24 per cent increase.
The bank reported the net operating income of Dh199 million, up by 2 per cent for Q
Khaleej Times
20/04/2025
China's privately controlled ENN Natural Gas and state-run Zhenhua Oil have each signed a term deal to buy liquefied natural gas from Abu Dhabi National Oil Company (ADNOC).
ENN Natural Gas
Asharq Al Awsat
20/04/2025
Burgan Bank has announced the launch of its new digital payment solution, SoftPOS by KNET, designed to cater to business owners and entrepreneurs. The service enables merchants to accept payments dir
Kuwait Times
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