29/07/2009 00:00 AST

The Central Bank of Kuwait (CBK) has approved a request for renewing a prior CBK consent to Al Safat Investment Company for purchasing no more than 10 percent of its own issued shares for six months.

Kuwait Stock Exchange (KSE), in a statement posted on its website on Wednesday, stressed the importance of abiding to regulations and conditions placed by CBK in this regard.


KUNA

Capital Standards Rating affirms Al Safat Takaful Company at BB

03/10/2012

Capital Standards Rating Co. (CSR) has affirmed the Insurer's Financial Strength Rating (IFSR) at 'BB' and the national rating at 'BBBkw' for Al Safat Takaful Company (closed); the outlook for the ra

CPI Financial

CSR assigns BB to Al Safat Takaful Company

09/01/2011

This is the first time that CSR rates Al Safat. The rating is based on the consolidated financial statements until June 2010.

The ratings reflect Al Safat's adequate capitalisation, impr

CPI Financial

Al-Safat Investment Unit Makes $15 Million From China Investment

18/04/2010

Al-Safat Investment Co., a Kuwaiti fund manager, said one of its subsidiaries made a profit of about 4.25 million dinars ($15 million) from exiting an investment in China.

The profit of a

Bloomberg

Ticker Price Volume
ALSAFAT Sector Market
P/E
Price/BookValue
Ticker Price Change
OSOUL 159.00 1.00 (0.63%)
BAYANINV 56.60 0.20 (0.35%)
GFC 144.00 -5.00 (-3.36%)
KINGDOM 8.84 0.09 (1.02%)
TADAWULGROUP 179.00 -2.20 (-1.22%)
TAQA Group reports Q1 revenue of $ 3.87bn, up 3.8%

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

Abraj Energy signs deal with BP for drilling rig in Block 61

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

Commercial Bank launches new CB Corporate Banking App

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

Emirates NBD pilots new AI compliance tech to reduce risks, improve payment speed

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

NBK publishes first green bond allocation and impact report

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