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- Zain Bahrain launches ultra fast EV chargers
- HUMAIN, Adobe to build AI models, applications to suit Middle East culture
- UAE's Space42, EDGE Group plan Satcom manufacturing alliance
- Baker Hughes awarded multi-year contract for Aramco projects
- Riyad Capital launches new $453m residential development fund
- Alkhorayef seals Saudi sewer networks development contract
- Dubai launches 22m sq ft auto market development project
- Kuwait economy to pick up growth momentum in 2026
- QSE to facilitate constructive dialogue with global institutional investors
- Dukhan Bank announces November winners in Thara'a savings account draw
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 |
|---|---|---|
| KINGDOM | 7.95 | 0.05 (0.63 |
| TADAWULGROUP | 186.30 | -1.90 (-1.01 |
| BOURSA | 3,954.00 | 104.00 (2.70 |
| NIND | 285.00 | -3.00 (-1.05 |
| GFH.KW | 184.00 | -2.00 (-1.08 |
21/11/2025
Zain Bahrain has unveiled 360kW ultra-fast EV chargers at the company's headquarters in Seef, the fastest of its kind in the kingdom, the company said.
The chargers feature advanced liquid-c
Trade Arabia
21/11/2025
Space42, the UAE's leading AI-powered SpaceTech company with global reach, and EDGE Group, one of the world's leading advanced technology and defence groups, today announced the formation of a strate
Trade Arabia
21/11/2025
Baker Hughes, an energy technology company, has announced that it has secured a multi-year contract with China Petroleum Engineering & Construction Corporation (CPECC) for a major project of Saudi oi
Trade Arabia
21/11/2025
Riyad Capital, one of the kingdom's largest asset managers and a leading company in real estate investment, has announced the launch of a new residential development fund valued at SAR1.7 billion ($4
Trade Arabia
21/11/2025
Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a contract worth SAR221 million ($59 million) from the National Water Company for sanitary sewer networks
Trade Arabia
Financial Information Co.
Saudi Arabia