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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
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
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
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
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
Financial Information Co.
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